Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13990 NE 20Th Ct, Unit 6 North Miami Beach, FL 33181

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,650 /Mo

    Apartment near US1, tennis courts, shopping, and public transport.

    Lot size:
    0.21 Acres

    Property Features for 13990 NE 20Th Ct

    General Information

    Standard status
    Active
    Lot size
    0.21 Acres

    Building Details

    Year built
    1963

    We can help!

    Listing Contact
    Claudio Rosencovich
    Source: Elliman

    Listing Agent: Claudio Rosencovich

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Pet-Friendly Apartment in North Miami

    This top-unit apartment is located in North Miami, east of US1. The property is pet-friendly and situated within walking distance of tennis courts, parks, Whole Foods, Home Depot, banks, shopping, restaurants, and public transportation. It is also near FIU and Barry University. The unit features a large walk-in closet, electric water heater, AC, and a refrigerator. The location provides convenient access to I-95 and Biscayne Blvd, approximately 2 minutes away.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    North Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1512
    Latitude
    25.9061

    Nearby Similar for Lease

    • New
      $7,500 /Mo

      North Miami Beach Retail Space

      Retail or restaurant space available in North Miami Beach, FL.
      1232 NE 163 St, North Miami Beach, FL 33162
      View Details
    • $7,000 /Mo
      3,999 SF

      North Miami Beach Office Space

      Second floor office space with high visibility in North Miami Beach.
      1222 NE 163 St, North Miami Beach, FL 33162
      View Details
    • $4,300 /Mo

      North Miami Beach Office Space

      Commercial space with street exposure, ideal for office use.
      18139 NE 19Th Ave, North Miami Beach, FL 33162
      View Details
    • $3,000 /Mo

      Move-in Ready Retail Space Available

      Refreshed 1300 SF retail space in North Miami Beach.
      15330 W Dixie Hwy, North Miami Beach, FL 33162
      View Details
    • $35 SF/Yr

      Move-in Ready North Miami Beach Office

      Professional office suite in a central North Miami Beach location.
      699 NE 167 St, North Miami Beach, FL 33162
      View Details
    • $18 SF/Yr

      North Miami Beach Full Floor

      Full floor office space in North Miami Beach for lease.
      699 NE 167 St, North Miami Beach, FL 33162
      View Details
    • $34 SF/Yr

      North Miami Beach Office/Retail Space

      2,888 SF vacant office/retail shell space available for lease.
      16350 NE 12Th Ave, North Miami Beach, FL 33162
      View Details
    • $34 SF/Yr

      North Miami Beach Retail/Office Space

      2,888 SF vacant retail/office space available for lease.
      16350 NE 12Th Ave, North Miami Beach, FL 33162
      View Details
    • New
      $5,100 /Mo

      North Miami Beach Mixed-Use Space

      Mixed-use space suitable for retail, office, or medical use.
      1801 NE 164 St, North Miami Beach, FL 33162
      View Details
    • Contact for pricing
      2,996 SF

      Class A Office Space Available

      Modern office space with abundant natural light and parking.
      3363 NE 163 St, North Miami Beach, FL
      View Details
    • Contact for pricing
      2,000 SF

      Retail Space in North Miami

      Retail space available in a redeveloping North Miami location.
      1205-1421 NE 163 St, North Miami Beach, FL
      View Details
    • Contact for pricing
      130,030 SF

      New Warehouse Development Near I-95

      130,030 SF warehouse with I-95 frontage for lease.
      501 NE 181 St, North Miami Beach, FL
      View Details

    FAQs

    What type of property is this?
    Apartment building - Apartment near US1, tennis courts, shopping, and public transport.
    Where is this apartment building located?
    The property is located at 13990 NE 20Th Ct, Unit 6 North Miami Beach, FL.
    What is the lease rate?
    The lease rate is $1,650 /Mo.
    What are key features of this property?
    This property features: - Excellent location east of US1 with walkability to amenities like Whole Foods, Home Depot, restaurants, and public transportation.; - Pet-friendly apartment.; - Top unit in very good shape.
    (305) 405-0615
    Request Owner's contact information
    13990 NE 20Th Ct, Unit 6 North Miami Beach, FL 33181
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13990 NE 20Th Ct, Unit 6
    North Miami Beach, FL 33181
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13990 NE 20Th Ct, Unit 6 North Miami Beach, FL 33181
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Claudio Rosencovich
    Real Estate License ID: 3181529
    (305) 405-0615 (786) 531-4553 (305) 741-0002
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!