2170 Northwest Flagler Terrace Miami, FL 33125
Multi-family property with 22 units, currently 100% occupied, offering convenient access to key employment centers and expressways.
Property Features for 2170 Northwest Flagler Terrace
General Information
- Standard status
- Active
- Size
- 13,530 SF
- Property subtype
- Multi-Family Income / Fourplex
Building Details
- Year Built
- 1958
Listing office Real Estate Sales Force (305) 392-1497
Listing date Jul 1, 2026
Source Compass
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Investment Insights
Based on property information with market context.
The property is described as being located with convenient access to Downtown Miami, Brickell, Coral Gables, the Miami Health District, and major expressways. The surrounding area is also characterized as undergoing redevelopment and experiencing population growth, according to the provided remarks.
No additional building features, unit mix, or income/expense details were included in the information provided. Interested parties are encouraged to request the available offering materials to review further specifics.
Key Highlights
- 22‑unit multifamily property built in 1958
- 100% occupied with immediate rental occupancy
- Convenient access to Downtown Miami, Brickell, and Coral Gables
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 | $487.1k | $36.00 |
| − Vacancy | −$32.6k | −$2.41 |
| EGI | $454.4k | $33.59 |
| − OpEx | −$204.5k | −$15.11 |
| NOI | $249.9k | $18.47 |
