1829 NW 2nd Ct Miami, FL 33136
Renovated multifamily property with access to Miami's urban core.
Property Features for 1829 NW 2nd Ct
General Information
- Standard status
- Active
- Size
- 8,178 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1942
Listing office The Lab Realty Group, LLC (786) 873-2597
Listing date May 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 Lab Realty Group, LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location with exceptional access to Wynwood, Downtown Miami, Brickell, the Design District, and Miami Worldcenter.
- Convenient access to I‑95, I‑395, SR‑836, and Brightline/MiamiCentral for seamless commuting.
- Strong tenant demand from professionals, students, and workforce renters seeking an urban lifestyle.
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 | $294.4k | $36.00 |
| − Vacancy | −$19.7k | −$2.41 |
| EGI | $274.7k | $33.59 |
| − OpEx | −$123.6k | −$15.11 |
| NOI | $151.1k | $18.47 |
