Two-Unit Residential Income
Miami, FL 33165 Miami, FL 33165
New
Miami, FL, 33165
$799,900
For Sale
$799,900
MULTI_FAMILY - Miami, FL
Property Size2,094 SF
Price / SF$381
Days on Market1
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 5
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Bedroom 5, Bathroom 1, Bedroom 1, Bedroom 2
- Parking
- 6
- Window features
- Blinds
- Patio and Porch features
- Patio
- Exterior features
- Fence, Patio
- Fencing
- Fenced
- Standard status
- Active
- APN
- 30-40-16-002-1642
- Size
- 2,094 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- OLYMPIC HEIGHTS PB 10-2 LOT 19 BLK 9 LOT SIZE 50.000 X 138 OR 15750-4060 1292 4 COC 25263-0720 11 2006 5
- Tax Annual Amount
- 8579
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Shingle
Listing Agency
Riviera Realty Associates Inc
(305) 725-1199
6563 SW 77th Ter, South Miami, FL
Listed by
Elsa Delgado · License #0654611
(305) 298-3805
Added: Jul 18 Checked: Jul 18 at 10:06 am
MLS# A12055277
Listing URL
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This two-unit residential duplex offers two separate living spaces with in-unit laundry and tiled flooring. Unit 1 includes 3 bedrooms and 2 bathrooms, a large kitchen, a laundry room, and a master bedroom with access to a large fenced patio. Unit 1 also benefits from a driveway with room for 4 cars.
Unit 2 provides 2 bedrooms and 1 bathroom and includes a laundry room with a washer/dryer. Unit 2 has tile flooring and room for 2 cars in the driveway.
Located in the Westchester residential area, the property is described as having convenient access to major highways and shopping centers.
Unit 2 provides 2 bedrooms and 1 bathroom and includes a laundry room with a washer/dryer. Unit 2 has tile flooring and room for 2 cars in the driveway.
Located in the Westchester residential area, the property is described as having convenient access to major highways and shopping centers.
Key Highlights
- Duplex in the Westchester residential area with two units and access to major highways and shopping centers
- Unit 1: 3 bed, 2 bath with a master bedroom that has access to a large fenced patio
- Unit 1 features a large kitchen, laundry room, and tile flooring; driveway has space for 4 cars
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.1k | $30.60 |
| − Vacancy | −$4.1k | −$1.95 |
| EGI | $60.0k | $28.65 |
| − OpEx | −$18.0k | −$8.60 |
| NOI | $42.0k | $20.06 |
2,094 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$599.9K
$525.0K – $699.9K
NOI $41,996 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$552.6K
$483.5K – $644.7K
NOI $38,683 @ 7.0% cap · market cap 4.84%
Theoretical Best
Specialty Retail
$1.41M
$1.24M – $1.65M
NOI $98,942 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-unit duplex with separate parking and in-unit laundry, featuring a large fenced patio for Unit 1.
Where is this duplex located?
The property is located at Miami, FL.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Duplex in the Westchester residential area with two units and access to major highways and shopping centers; Unit 1: 3 bed, 2 bath with a master bedroom that has access to a large fenced patio; Unit 1 features a large kitchen, laundry room, and tile flooring; driveway has space for 4 cars
