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Remodeled Miami Fourplex Investment Opportunity

1762 NW 15th St Miami, FL 33125

1762 NW 15th St, Miami, FL, 33125
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Substantially remodeled fourplex in Miami, offering strong income potential.

Property Size1,597 SF
Price / SF$688.79
AddedFeb 25
Days on Market141
Last RefreshJul 15 at 12:09 pm

Property Features for 1762 NW 15th St

General Information

Standard status
Active
Size
1,597 SF
Property subtype
Multifamily

Building Details

Year Built
1921

Listing office The Keyes Company

Listing date Feb 25, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company


Investment Insights

Based on property information with market context.

This income-producing non-conforming fourplex, located in Miami, Florida, presents an investor opportunity. The property has been substantially remodeled with updated interiors, modern finishes, and quality improvements. It is strategically positioned minutes from Freedom Park, the future home of major soccer events and a transformative mixed-use development, enhancing long-term appreciation potential and rental demand. The property size is 1597 square feet.

Key Highlights

  • Substantially remodeled fourplex with updated interiors and modern finishes.
  • Income‑producing property, offering a strong turnkey investment opportunity.
  • Located minutes from Freedom Park, the future home of major soccer events and a transformative mixed‑use development.

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 $48.9k $30.60
− Vacancy −$3.1k −$1.95
EGI $45.8k $28.65
− OpEx −$13.7k −$8.60
NOI $32.0k $20.06
1,597 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$457.6K
$400.4K – $533.8K (±1% cap)
NOI $32,029 @ 7.0% cap · market cap 2.91%
Second Best
Apartment 5plus
$421.5K
$368.8K – $491.7K (±1% cap)
NOI $29,502 @ 7.0% cap · market cap 2.68%
Theoretical Best
Specialty Retail
$1.08M
$943.2K – $1.26M (±1% cap)
NOI $75,459 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Veterinary Clinic Restaurant Restaurant Carpet & Flooring Store Bar & Pub Buffet

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Substantially remodeled fourplex in Miami, offering strong income potential.
Where is this quadplex located?
The property is located at 1762 NW 15th St Miami, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Substantially remodeled fourplex with updated interiors and modern finishes.; Income‑producing property, offering a strong turnkey investment opportunity.; Located minutes from Freedom Park, the future home of major soccer events and a transformative mixed‑use development.
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