1836 NW 16th Ter Miami, FL 33125
Fourplex with rental income potential in a rapidly growing Miami corridor.
Property Features for 1836 NW 16th Ter
General Information
- Standard status
- Active
- Size
- 2,332 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1939
Listing office The Keyes Company
Listing date Feb 26, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of The Keyes Company
Investment Insights
Based on property information with market context.
Key Highlights
- Income‑producing Fourplex: Immediate cash flow potential.
- Portfolio Sale Opportunity: Acquire with two additional Fourplexes.
- Strategic Location: Minutes from Freedom Park, major highways, Downtown Miami, Wynwood, and Miami International Airport.
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 | $71.4k | $30.60 |
| − Vacancy | −$4.5k | −$1.95 |
| EGI | $66.8k | $28.65 |
| − OpEx | −$20.0k | −$8.60 |
| NOI | $46.8k | $20.06 |
