16955 SW 100th Ave, Miami, FL 33157
New 10-unit apartment building with high-end finishes and ample parking.
- Added:
- Nov 11, 2021
- Days on Market:
- 1690
- Last Refresh:
- Mar 19 at 8:51 pm
Property Features for 16955 SW 100th Ave
General Information
- Standard status
- Active
- Size
- 14,508 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2025
Listing office Rubia Realty Group Corp (786) 268-1961
Listing date Nov 11, 2021
Source Crexi
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HighLights
- Excellent investment opportunity with current monthly income of $26,000.
- New construction (built in 2025) with high‑end finishes.
- Two reserved parking spaces per unit.
- Mix of unit types: 2 bed/2 bath, 3 bed/3 bath, and 1 bed/1 bath apartments, with optional studio.
- Open layouts with European‑style cabinets, quartz countertops, ceramic tile backsplashes, and stainless‑steel appliances.
- Convenient location within 4 blocks of US‑1 and Range Rover of South.
Overview
Local Financial Insights For Apartment 5plus
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 | $511.8k | $35.28 |
| − Vacancy | −$25.6k | −$1.76 |
| EGI | $486.3k | $33.52 |
| − OpEx | −$218.8k | −$15.08 |
| NOI | $267.4k | $18.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.35287
- Latitude
- 25.61247