20129 NE 16th Pl, Miami, FL 33179
Warehouse and office space available for purchase.
- Added:
- Jun 14, 2025
- Days on Market:
- 381
- Last Refresh:
- Mar 17 at 1:19 pm
Property Features for 20129 NE 16th Pl
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Property subtype
- Land
Building Details
- Year Built
- 1989
Listing office Marlin Realty Inc (786) 897-7482
Listing date Jun 14, 2025
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 Marlin Realty Inc
HighLights
- Upgraded warehouse and office space, ready for your business needs.
- Owner financing available, making ownership easier.
- Built in 1989.
- Equal Housing Opportunity.
Overview
Local Financial Insights For Office B
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 | $90.0k | $45.00 |
| − Vacancy | −$13.5k | −$6.75 |
| EGI | $76.5k | $38.25 |
| − OpEx | −$19.1k | −$9.56 |
| NOI | $57.4k | $28.69 |
Alternative Uses
Current Use by Public Records
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Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.168839
- Latitude
- 25.962936
