800 NW 29th Ter, Miami, FL 33127
MULTI_FAMILY - Miami, FL
Property Features for 800 NW 29th Ter
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property is located in Miami, FL, with walking-distance access described to Midtown, local art galleries, shopping, and popular eateries, and minutes to UM, Jackson Hospital, Downtown Miami, and the Design District. The duplex is zoned for multi family, which may be a consideration for future development, and the property is described as potentially suitable for an Airbnb or multi family rental.
Proof of funds must be presented with all offers.
Key Highlights
- Zoned for multi family, with corner‑lot duplex layout
- Corner lot totals 8,850 SF for maximum building potential
- Two units with individual utility meters
Financial Insights For Multifamily LT 5
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 | $55.5k | $30.60 |
| − Vacancy | −$3.5k | −$1.95 |
| EGI | $52.0k | $28.65 |
| − OpEx | −$15.6k | −$8.60 |
| NOI | $36.4k | $20.06 |
Alternative Uses
Property Analytics
Current Use
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Location Intelligence
Trade Area within ½ mile
Demographics for 33127, FL
Market
Vacancy Rate% for Multifamily in South region