520 E 49th St Hialeah, FL
Spacious mixed-use office condo in a prime commercial location.
Property Features for 520 E 49th St
General Information
- Standard status
- Active
- Size
- 2,085 SF
- Lot size
- 0.15 Acres
- Property subtype
- OFFICE
Listing office Fausto Commercial Realty (305) 961-1179
Listing date Apr 24, 2025
Source Moodyscre
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in a major north/south commercial corridor.
- Spacious 2295 Sq Ft mixed‑use office condo.
- Versatile space suitable for various businesses and professional practices.
Local Financial Insights For Office B
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 | $68.8k | $33.00 |
| − Vacancy | −$15.1k | −$7.26 |
| EGI | $53.7k | $25.74 |
| − OpEx | −$13.4k | −$6.44 |
| NOI | $40.3k | $19.31 |
