17150 NE 23rd Ave, North Miami Beach, FL 33160
12-unit apartment building in North Miami Beach.
- Added:
- Apr 3, 2026
- Days on Market:
- 68
- Last Refresh:
- Apr 3 at 4:59 am
Property Features for 17150 NE 23rd Ave
General Information
- Standard status
- Active
- Size
- 10,094 SF
- Lot size
- 0.25 Acres
- Property subtype
- Multifamily
Listing agent Joseph P. Thomas License #FL: SL3174354 (954) 245-3492
Listing office Fort Lauderdale Office (954) 245-3492
Listing date Apr 3, 2026
Source Marcusmillichap
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All listing content including descriptions, pricing, images are the copyrighted material of Fort Lauderdale Office
HighLights
- 12‑unit multifamily property in North Miami Beach.
- Unit mix: Four 1‑bedroom/1‑bathroom and Eight 2‑bedroom/1‑bathroom apartments.
- Central location near Biscayne Boulevard (US‑1) with access to employment, recreation, and shopping.
- Proximity to Greynolds Park and Greynolds Golf Course.
- Close to Aventura Mall, Sunny Isles Beach and Haulover Beach.
- Units equipped with central air conditioning, electric appliances, and ceramic tile floors.
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 | $295.6k | $29.28 |
| − Vacancy | −$13.3k | −$1.32 |
| EGI | $282.3k | $27.96 |
| − OpEx | −$127.0k | −$12.58 |
| NOI | $155.2k | $15.38 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- North Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1467
- Latitude
- 25.9339