160 Northwest 45Th St Miami, FL 33127
Remodeled duplex in Midtown Miami with potential for 9 units.
Property Features for 160 Northwest 45Th St
General Information
- Standard status
- Active
- Size
- 1,950 SF
- Property subtype
- Residential Income / Duplex
Building Details
- Year Built
- 1952
Listing office RE/MAX Advance Realty II (305) 251-2127
Listing date May 13, 2026
Source Compass
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Key Highlights
- Zoned for up to 9 units, offering significant development potential.
- Remodeled front unit with 3 bedrooms and 2 bathrooms, currently rented at $2,800.00.
- Additional 1 bedroom 1 bath unit rented at $1,900.
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 | $59.7k | $30.60 |
| − Vacancy | −$3.8k | −$1.95 |
| EGI | $55.9k | $28.65 |
| − OpEx | −$16.8k | −$8.60 |
| NOI | $39.1k | $20.06 |
