1650 NE 115th St Miami, FL 33181
LAND - Miami, FL
Property Features for 1650 NE 115th St
General Information
- Property type
- Land
- Property subtype
- Other
- Interior features
- Elevator
- Exterior features
- Balcony
- Accessibility
- Accessible Elevator Installed
- Appliances
- Dishwasher, Microwave
- Standard status
- Active
- APN
- 30-22-32-080-0490
- Size
- 710 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CRICKET CLUBHOUSE CONDO UNIT 609 UNDIV .15504% INT IN COMMON ELEMENTS OFF REC 13424-772 OR 13981-796 0189 1 COC 24752-0706 06 2006 4
- Tax Annual Amount
- 3070
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water front
- 1
Building Details
- Year built
- 1972
- Building materials
- Block
Listing agent Carolina Mizraji License #3236227 (305) 610-1905
Listing office Dalton Wade Inc 260 1st Ave S Suite 200, St. Petersburg, FL (888) 668-8283
Listing date Jul 12, 2026
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.
The property is presented as a waterfront home with views described as both sunrise and sunset. While the remarks reference waterfront living, the information provided does not specify additional improvements or lot characteristics beyond the waterfront setting.
Buyers reviewing this opportunity will want to confirm all details related to the residence and waterfront frontage, as the listing information focuses primarily on the interior updates and view-oriented aspect of the home.
Key Highlights
- Waterfront 1‑bedroom, 2 full‑bath residence on a quiet street east of Biscayne
- Accessible elevator installed, plus an elevator in the interior and a balcony on the exterior
- Central heating and central air
Local Financial Insights For Apartment 5plus
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 | $25.6k | $36.00 |
| − Vacancy | −$1.7k | −$2.41 |
| EGI | $23.8k | $33.59 |
| − OpEx | −$10.7k | −$15.11 |
| NOI | $13.1k | $18.47 |
