11970 Southwest 217th Street Miami, FL 33170
Duplex featuring 3 bedrooms and 2 bathrooms in each unit.
Property Features for 11970 Southwest 217th Street
General Information
- Standard status
- Active
- Size
- 2,154 SF
- Property subtype
- Residential Income / Duplex
Building Details
- Year Built
- 2005
Listing office NB Elite Realty (844) 444-6237
Listing date May 15, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Duplex property offering immediate rental income potential.
- Each unit features 3 bedrooms and 2 bathrooms.
- Potential rental income of up to $3,300 per unit (Section 8).
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 | $65.9k | $30.60 |
| − Vacancy | −$4.2k | −$1.95 |
| EGI | $61.7k | $28.65 |
| − OpEx | −$18.5k | −$8.60 |
| NOI | $43.2k | $20.06 |
