11016 SW 7, Miami, FL 33174
MULTI_FAMILY - Miami, FL
Property Features for 11016 SW 7
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The exterior features a fenced yard with a patio and an outdoor grill, along with storm/security shutters. Roofing is described as flat, shingle, and tile. Utilities include public water and a septic tank, with cable available.
Located in Miami’s Westchester area, the property is just minutes from Florida International University and surrounded by schools, shopping, restaurants, parks, and major highway access including SR-836, the Florida Turnpike, and the Palmetto Expressway.
Key Highlights
- Two 2‑bedroom, 1‑bath units in a duplex sold as‑is
- 1,595 square feet and built in 1971
- Fenced yard with patio, outdoor grill, and storm/security shutters
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 | $48.8k | $30.60 |
| − Vacancy | −$3.1k | −$1.95 |
| EGI | $45.7k | $28.65 |
| − OpEx | −$13.7k | −$8.60 |
| NOI | $32.0k | $20.06 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 33174, FL
Market
Vacancy Rate% for Multifamily in South region