Three-Unit Income
For Sale
Contact for pricing
201 NW 25TH AVE, Miami, FL 33125
One-story triplex with on-site laundry and tenant parking, currently configured as three rental units in Miami.
Property Size2,085 SF
Lot Size0.16 Acres
Price / SF$335.73
Days on Market113
Property Features for 201 NW 25TH AVE
General Information
Standard status
Active
Size
2,085 SF
Total Parking Spaces
4
Lot size
0.16 Acres
Property subtype
Multifamily
Zoning
T3-R
Occupancy
100%
Net Operating Income
$48,964
Additional Details
Multifamily Units
3
Amenities
on-site laundry facilities
tenant parking
Building Details
Year Built
1953
Stories
1
Units
4
Tenancy
Multi
Listing Agency:
Eleven Trust Real Estate Services
(305) 299-4124
Listed By:
Rafael Fermoselle · License #FL 3233005
Source:
Crexi
Added: May 8
Changed: Aug 17
Last Checked: Aug 28 at 9:43AM
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 Eleven Trust Real Estate Services
Investment Insights
Based on property information with market context.
Located in the heart of Miami, this one-story income-producing property was originally constructed in 1953 and is currently configured as a three-unit rental asset. The building consists of approximately 2,015 adjusted square feet on a 7,150 square foot lot currently zoned T3-R. Unit mix includes one conforming 4-bedroom/2-bath unit, plus two non-conforming units: a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit.
The property includes water and electricity. Tenants have access to on-site laundry facilities and tenant parking, supporting day-to-day convenience for the existing configuration.
This is a residential income property offered for sale as a three-unit operation with a clear unit breakdown and existing utility and amenity infrastructure.
The property includes water and electricity. Tenants have access to on-site laundry facilities and tenant parking, supporting day-to-day convenience for the existing configuration.
This is a residential income property offered for sale as a three-unit operation with a clear unit breakdown and existing utility and amenity infrastructure.
Key Highlights
- One‑story income‑producing triplex built in 1953 in Miami
- Approximately 2,015 adjusted SF on a 7,150 SF lot
- Currently configured as three rental units: one 4 bed/2 bath, one 2 bed/1 bath (non‑conforming), and one 1 bed/1 bath (non‑conforming)
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$41,816
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$836,320
$836.3K
Cap Rate 7%
$597,371
$597.4K
Cap Rate 9%
$464,622
$464.6K
Market Conditions
NOI Build-Up for 2,085 SF
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.
Gross rent
$63.8K $30.60/SF
− Vacancy
−$4.1K −$1.95/SF
EGI
$59.7K $28.65/SF
− OpEx
−$17.9K −$8.60/SF
NOI
$41.8K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$836,320
Cap Rate 7%
$597,371
Cap Rate 9%
$464,622
Alternative Uses
Best Use
Multifamily LT 5
$597.4K
$522.7K – $696.9K
NOI $41,816 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$550.2K
$481.5K – $642.0K
NOI $38,517 @ 7.0% cap · market cap 5.50%
Theoretical Best
Specialty Retail
$1.41M
$1.23M – $1.64M
NOI $98,517 @ 7.0% cap · market cap 14.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,118
Businesses Nearby
Explore this area
Business Placement
Demographics for 33125, FL
53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - One-story triplex with on-site laundry and tenant parking, currently configured as three rental units in Miami.
Where is this triplex located?
The property is located at 201 NW 25TH AVE Miami, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: One‑story income‑producing triplex built in 1953 in Miami; Approximately 2,015 adjusted SF on a 7,150 SF lot; Currently configured as three rental units: one 4 bed/2 bath, one 2 bed/1 bath (non‑conforming), and one 1 bed/1 bath (non‑conforming)
