201 South Biscayne River Drive Miami, FL 33169
Spacious 5-bedroom, 4-bath duplex with rental income potential.
Property Features for 201 South Biscayne River Drive
General Information
- Standard status
- Active
- Size
- 2,461 SF
- Property subtype
- Residential Income / Duplex
Building Details
- Year Built
- 1950
Listing office Rev Realty Group, LLC. (786) 390-0083
Listing date Sep 17, 2025
Source Compass
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 Rev Realty Group, LLC.
Investment Insights
Based on property information with market context.
Key Highlights
- Canal‑front multi‑family duplex with rental income potential
- Updated 3BD/2BA front unit featuring a new roof, impact windows/doors, hardwood floors, and stainless steel appliances
- Separate 2BD/2BA back unit ideal as an in‑law suite with full kitchen, new appliances, fireplace, and private washer/dryer
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 | $75.3k | $30.60 |
| − Vacancy | −$4.8k | −$1.95 |
| EGI | $70.5k | $28.65 |
| − OpEx | −$21.2k | −$8.60 |
| NOI | $49.4k | $20.06 |