Multifamily Apartment
2170 NW Flagler Ter Miami, FL 33125
New
MULTI_FAMILY - Other - Miami, FL
Property size:
13,530 SFPrice / SF:
$332/SF- Added:
- Jul 6, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 10 at 3:06 pm
Property Features for 2170 NW Flagler Ter
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 1
- Rooms
- Bathroom 1, Bedroom 1
- Parking
- 22
- Standard status
- Active
- APN
- 01-41-03-013-0610
- Size
- 13,530 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- EVANSTON HGTS PB 1-56 LOTS 8 & 9 BLK 4 LOT SIZE 17800 SQUARE FEET OR 15216-772 1091 1 COC 23680-0199 07 2005 1
- Tax Annual Amount
- 52316
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1958
- Floors in Building
- 2
- Flooring type
- Tile - Ceramic
- Building materials
- Block
- Roof type
- Concrete
- Architectural style
- Other
Listing agent Antonio Cristobal License #3253230 (786) 457-3211
Listing office Real Estate Sales Force 814 Ponce De Leon Blvd Suite 503, Coral Gables, FL (305) 392-1497
Listing date Jul 6, 2026
MLS# A12049003
Listing URL
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.
This for-sale multifamily apartment building features 22 units and is described as 100% occupied. The total property size is listed at 13,530 square feet, positioned to serve tenants across a balanced in-place mix.
The property is located at 2170 NW Flagler Ter, Miami, FL 33125 in Miami-Dade County. The remarks note convenient access to Downtown Miami, Brickell, Coral Gables, the Miami Health District, and major expressways, which may support ongoing tenant accessibility.
For buyers seeking an actively managed income-producing asset, the current occupancy level may be a practical consideration. The property’s established unit count and in-place tenancy can appeal to investors looking to acquire a multifamily building without requiring immediate leasing. Please contact us for details on operating information, unit configuration, and offering materials.
The property is located at 2170 NW Flagler Ter, Miami, FL 33125 in Miami-Dade County. The remarks note convenient access to Downtown Miami, Brickell, Coral Gables, the Miami Health District, and major expressways, which may support ongoing tenant accessibility.
For buyers seeking an actively managed income-producing asset, the current occupancy level may be a practical consideration. The property’s established unit count and in-place tenancy can appeal to investors looking to acquire a multifamily building without requiring immediate leasing. Please contact us for details on operating information, unit configuration, and offering materials.
Key Highlights
- 22‑unit multifamily property currently 100% occupied
- Central heating and central air conditioning
- Concrete roof and block construction
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 | $487.1k | $36.00 |
| − Vacancy | −$32.6k | −$2.41 |
| EGI | $454.4k | $33.59 |
| − OpEx | −$204.5k | −$15.11 |
| NOI | $249.9k | $18.47 |
13,530 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$3.57M
$3.12M – $4.17M
NOI $249,945 @ 7.0% cap · market cap 5.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$9.13M
$7.99M – $10.65M
NOI $639,299 @ 7.0% cap · market cap 14.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - For sale 22-unit multifamily building with 100% occupancy, offering turn-key income potential for an investor.
Where is this apartment building located?
The property is located at 2170 NW Flagler Ter Miami, FL.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 22‑unit multifamily property currently 100% occupied; Central heating and central air conditioning; Concrete roof and block construction
