1015 NE 112th St Biscayne Park, FL 33161
Duplex in Biscayne Park with impact windows and outdoor space.
Property Features for 1015 NE 112th St
General Information
- Standard status
- Active
- Size
- 1,939 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1947
Listing office Morgan Whitney Inc (305) 345-3738
Listing date Mar 14, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Morgan Whitney Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Duplex in the desirable historic Village of Biscayne Park.
- Impact windows throughout both units.
- Layouts designed for privacy with no shared bedroom walls.
Local 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 | $48.9k | $25.20 |
| − Vacancy | −$2.7k | −$1.39 |
| EGI | $46.2k | $23.81 |
| − OpEx | −$13.9k | −$7.14 |
| NOI | $32.3k | $16.67 |
