1565 NW 47th St Miami, FL 33142
Corner duplex in Miami's Model City, generating immediate income.
Property Features for 1565 NW 47th St
General Information
- Standard status
- Active
- Size
- 2,315 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2019
Listing office Brightway Properties (786) 234-4321
Listing date May 20, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Immediate income generation from two currently leased units.
- Seller financing available for up to 50% of the purchase price.
- Two spacious 4 Bed / 2 Bath units.
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 | $70.8k | $30.60 |
| − Vacancy | −$4.5k | −$1.95 |
| EGI | $66.3k | $28.65 |
| − OpEx | −$19.9k | −$8.60 |
| NOI | $46.4k | $20.06 |