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68 NW 45th St, Miami FL 33127 — photo 11 / 54
0.0% reduced

68 NW 45th St, Miami FL 33127

Miami, FL

List Price

$1,200,000

Type

Duplex

Price / SqFt

$741/sqft

Price reduction

Distressed / value-add opportunity

Tenant-occupied

Est. equity

-74%

Comp ARV

$788,000

Max offer

$482,707

From the listing

"Investors or for a living on it", don't wait to buy this duplex, you can generate a great return on fixed rent or using Airbnb short term. in the Buena Vista area, close to the best places in Miami, Wynwood, Design Place, Mid Town, Brickell. Front house 4beds 2baths rented monthly, rear unit 2/1 rented monthly. Bring your offer won't be last!!

Property Information

Square Feet
1,620
Units
2
Days on Market
1712
Status
active

Location

County
Miami-Dade County
Zip Code
33127
Coordinates
25.8167, -80.1970

Represented by Academia

Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.

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Property: 68 NW 45th St, Miami FL 33127

Price: $1,200,000

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Why this deal

  • 0% off original list price
  • Multifamily with 2 units
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

32/100

Thin

How this
is scored →
Estimated equity40%

~-74% estimated equity to comp-based ARV (full marks at 30%+). Estimate — verify comps + rehab.

Discount depth20%

0.0% off original list (full marks at 25%+).

Days on market20%

1712 days on market (full marks at 120+ — more time = more leverage).

Seller-motivation signals20%

Soft motivation language (value-add, motivated, tenant-occupied, cash-only).

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.

Deal scorecard

How four stakeholders read this deal

Coverall

Strengths

  • Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated

Risks

  • Negative estimated equity — buying above estimated ARV, verify comps
  • thin equity — lender-unfriendly LTV (≈ 152% of ARV)

What a super-investor sees

Investor

F

Investor equity estimate based on ARV from closed MLS comps minus list price and estima…

  • Negative estimated equity — buying above estimated ARV, verify comps

What a bank sees

Lender / financing

D

Lender financeability estimate based on list price, ARV, and condition signals. Not a f…

  • thin equity — lender-unfriendly LTV (≈ 152% of ARV)

What an insurer sees

Insurance / 4-point

A

insurability v1. Miami-Dade is entirely within the HVHZ (High-Velocity Hurricane Zone) …

  • Flood zone X — outside the Special Flood Hazard Area; flood insurance not federally mandated

What a GC / AHJ sees

Permits / condition

B

Permit data from Miami-Dade public records; may lag; verify open permits with the AHJ. …

4-point — last permit

  • Roofnone
  • Electricalnone
  • Plumbingnone
  • HVACnone

Estimates from public data — not an appraisal, insurance quote, or financing commitment. Insurability as of 2026-07-24. Verify with licensed professionals.

Deal calculator

Value-add deal calculator

68 NW 45th St, Miami FL 33127, Miami, FL

Comp-based ARV — 7 closed comp(s), high confidence.

Recommended max offer

$482,707

Room vs list (above list)

$717,293

Est. equity

-$585,960

-74% of ARV, at list

ROC at list

-43%

Est. all-in at list

$1,373,960

list + rehab + txn + carry

70% rule MAO

$495,600

Estimates only — not investment advice or an offer. ARV is drawn from recent closed comps; rehab from a rate-card range. Verify ARV, rehab, and all costs with a licensed professional before acting.

The comps behind the ARV

$788,000 after-repair value

5 recent closed sales nearby · high confidence · range $623,000–$1,036,000

Closed saleClose $$/sqftDate
166 NW 41st St, Miami FL 33127renovated0.2 mi$1,200,000$7482026-07-06
4430 NW 1 Ave, Miami FL 33127renovated0.1 mi$990,000$6402025-12-30
5091 NW 2nd Ave, Miami FL 331270.4 mi$750,000$4082026-03-20
5037-5035 NW 5th AVE, Miami FL 33127renovated0.6 mi$1,000,000$5512026-03-11
5720 NW 3rd Ave, Miami FL 33127renovated0.9 mi$605,000$3582025-11-06

Comparable data, not an appraisal. ARV is the median closed $/sqft of these comps applied to this home's size. Verify condition, location, and adjustments independently.

One Academia. Academia Development Corp and Academia Real Estate Corp are divisions of The Academia Group.

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