Miami FL 33142 DUPLEX

3 Beds | 2 Baths | 965 sf | 5,000 sf Lot | Built 1939

CBS duplex opportunity in Miami with a 2/1 main house and a separate 1/1 rear unit. The rear unit is leased at $1,200/month through 05/31/2027, providing immediate income, while the main unit will be delivered with a 14-day post-occupancy agreement backed by a $10,000 escrow holdback. Zoned 5700, allowing for either single-family or multifamily use, offering flexibility for investors.
Large screened-in lanai, fenced yard, and strong location just minutes from Wynwood, Midtown, the Design District, and Downtown Miami. For a rental strategy, the rear unit is already producing income while the main unit would benefit from a roof replacement and full interior update. Estimated combined rental potential after renovation is $3,500-$3,700 per month.

Comparables
1850 NW 53rd St, Miami, FL 33142 | 2 Beds | 1 Bath | 891 sf | Built 1948 | Sold $445,360 | Sold 05/27/2026
1310 NW 42nd St, Miami, FL 33142 | 3 Beds | 1 Bath | 1,020 sf | Built 1939 | Sold $456,000 | Sold 12/23/2025
1846 NW 49th St, Miami, FL 33142 | 3 Beds | 2 Baths | 860 sf | Built 1954 | Pending $499,000
1945 NW 51st Ter, Miami, FL 33142 | 3 Beds | 2 Baths | 1,051 sf | Built 1938 | Pending $444,999

Asking $324,990
ARV $480,000-$500,000