Fully Occupied Fourplex
1500 NW 69th Ter Miami, FL 33147
1500 NW 69th Ter, Miami, FL, 33147
$880,000
For Sale
$880,000
MULTI_FAMILY - Other - Miami, FL
Property Size2,920 SF
Price / SF$301.37
Days on Market14
Property Features for 1500 NW 69th Ter
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Rooms
- Bathroom 2, Bedroom 6, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 8, Bedroom 7, Bedroom 4, Bedroom 1, Bedroom 5
- Parking
- 4
- Standard status
- Active
- APN
- 01-31-14-015-0990
- Size
- 2,920 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- NORTH LIBERTY CITY PB 39-77 LOT 24 & LOT 25 LESS N5FT BLK 6 BLK 6 LOT SIZE 45.000 X 100 OR 19215-4514 0700 1
- Tax Annual Amount
- 13163
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1962
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
Realty One Group Evolution
(786) 477-4715
2822 NW 79th Ave, Doral, FL
Listed by
Johana Parra · License #3371418
(786) 314-3149
Added: Jul 4 Checked: Jul 17 at 8:06 pm
MLS# A12028410
Listing URL
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is a fully occupied fourplex comprising four separate 2-bedroom, 1-bath units. The total building size is 2,920 square feet, configured as a multi-unit residential income property designed to support separate households within one structure.
Located at 1500 NW 69th Ter in Miami, Florida, the property is described as being convenient to major highways as well as shopping, schools, and employment centers in the surrounding area. The asset sits within Miami-Dade County, with its address in the 33147 ZIP code.
For investors or owner-operators seeking a residential income asset with no vacancy at the time of listing, this fourplex presents a straightforward setup: four independent 2BR/1BA units within a single property. With all units stated as occupied, it may appeal to buyers looking for a multi-family structure that is already operating as a rental property. Financing options are mentioned in the listing remarks.
Located at 1500 NW 69th Ter in Miami, Florida, the property is described as being convenient to major highways as well as shopping, schools, and employment centers in the surrounding area. The asset sits within Miami-Dade County, with its address in the 33147 ZIP code.
For investors or owner-operators seeking a residential income asset with no vacancy at the time of listing, this fourplex presents a straightforward setup: four independent 2BR/1BA units within a single property. With all units stated as occupied, it may appeal to buyers looking for a multi-family structure that is already operating as a rental property. Financing options are mentioned in the listing remarks.
Key Highlights
- Fourplex with four fully occupied 2BR/1BA units
- Block construction and tile flooring
- Central heating and central A/C
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 | $89.4k | $30.60 |
| − Vacancy | −$5.7k | −$1.95 |
| EGI | $83.7k | $28.65 |
| − OpEx | −$25.1k | −$8.60 |
| NOI | $58.6k | $20.06 |
2,920 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$836.6K
$732.0K – $976.0K
NOI $58,562 @ 7.0% cap · market cap 6.65%
Second Best
Apartment 5plus
$770.6K
$674.3K – $899.0K
NOI $53,942 @ 7.0% cap · market cap 6.13%
Theoretical Best
Specialty Retail
$1.97M
$1.72M – $2.30M
NOI $137,971 @ 7.0% cap · market cap 15.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Quadplex - Fully occupied fourplex with four 2BR/1BA units, offering an income-producing residential rental setup for investors.
Where is this quadplex located?
The property is located at 1500 NW 69th Ter Miami, FL.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: Fourplex with four fully occupied 2BR/1BA units; Block construction and tile flooring; Central heating and central A/C
