530 NW 99th St, Miami FL 33150 | Miami-Dade County | A12009577
  • $695,000

Description

Value-add duplex investment opportunity in Miami with strong income potential and upside. 530 NW 99th Street features approximately 2,621 SF situated on a 7,350 SF lot with projected rents of approximately $2,900 per unit ($69,600 projected annual gross income). Property requires some deferred maintenance and capital improvements, including a roof replacement, which has been reflected in the asking price and creates an attractive opportunity for investors to increase value through strategic improvements and rent optimization. Yet, property has been updated and does include High Impact windows and doors. Excellent long-term hold opportunity in a strong rental corridor with convenient access to major highways, Downtown Miami, Wynwood, Miami Shores, and key employment centers. Ideal for investors, owner-users, or 1031 exchange buyers seeking stable multifamily demand with upside potential. Do not disturb tenants. Shown by appointment only.

Property Overview

This duplex at 530 NW 99th Street in Miami offers a compelling value-add investment opportunity in a well-established area. The property features approximately 2,621 square feet of living space on a 7,350 square foot lot, and the asking price of $695,000 reflects the opportunity to upgrade through deferred maintenance and capital improvements—such as a roof replacement. The home has already benefited from some updates, including High Impact windows and doors, which are valuable in a coastal climate like Miami. Projected rental income is approximately $2,900 per unit, for a total of $69,600 annually, making this an attractive opportunity for investors looking to maximize long-term returns. Located in a strong rental corridor, the property sits in a convenient position with easy access to major highways, Downtown Miami, Wynwood, and key employment hubs. The area supports steady multifamily demand, with strong potential for rent growth and appreciation. This opportunity is ideal for investors, owner-users, or buyers considering a 1031 exchange. The property is currently occupied and must be shown by appointment only. While the home requires some strategic work to reach its full potential, the upside in this market makes it a solid foundation for a long-term real estate hold. For more details or to schedule a showing, call 305-859-4733.

Frequently Asked Questions

What type of property is 530 NW 99th St in Miami?

It is a duplex located in the 1st Addition to Pinewood Park subdivision in Miami.

What is the current asking price for the property?

The asking price is $695,000.

What is the projected annual gross income from the property?

The projected annual gross income is approximately $69,600, based on $2,900 per unit in projected monthly rents.

What condition is the property in?

The property requires some deferred maintenance and capital improvements, including a roof replacement. It has been updated with High Impact windows and doors.

Who would benefit from this property?

This property is ideal for investors, owner-users, or 1031 exchange buyers seeking long-term multifamily opportunities in a strong rental corridor.
  • Address: 99th St
  • City: Miami
  • Zip/Postal Code: 33150

Details

Updated on July 2, 2026 at 7:53 pm
  • Property ID A12009577
  • Price $695,000
  • Property Size 2465 Sq Ft
  • Year Built 1974
  • Property Status Active, Residential Income

Additional details

  • Flooring Ceramic Floor
  • Cooling Central Air
  • Association Type None
  • Building 1ST ADDN TO PINEWOOD PARK
  • Area 1st Addn To Pinewood Park
  • Annual Tax 11464
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Subdivision 1ST ADDN TO PINEWOOD PARK
  • Total Stories 1
  • Heating Central
  • Structure Type Duplex
  • Tax Year 2025
  • Construction Concrete Block Construction
  • Building Area 2621
  • Year Built Details Resale
  • Flood Zone X
  • New Construction No
  • Style Duplex
  • Lot Size (Sq Ft) 0

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Christopher Lazaro

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