2385 NW 32nd St, Miami FL 33142
About this home
Located in the rapidly growing neighborhood of Allapattah, this multifamily duplex offers an incredible opportunity to own in one of Miami’s most up-and-coming areas. Just 15 minutes from Downtown Miami, Wynwood, the Design District, and other major Miami attractions, the location combines convenience, growth, and strong future potential. Ideal for investors seeking rental income or buyers looking to get into a neighborhood before values continue to rise, this property sits in the heart of an area experiencing significant redevelopment and appreciation. A rare opportunity to secure a multifamily property in one of Miami’s emerging hotspots.
Features
- First Floor Entry
- Other
- None
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,236
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.