2500 NE 192nd St Miami, FL 33180
Multifamily property with eight units near Brightline train station.
Property Features for 2500 NE 192nd St
General Information
- Standard status
- Active
- Size
- 5,600 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1930
Listing office Compra Venta Miami (305) 947-0477
Listing date Oct 16, 2023
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Fully rented 8‑unit multifamily property provides immediate rental income.
- Prime location: close to Brightline train station, restaurants, banks, pharmacy, supermarket, and post office.
- Convenient access: 5‑minute drive to Aventura Mall and 7 minutes to Sunny Isles Beach.
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 | $201.6k | $36.00 |
| − Vacancy | −$13.5k | −$2.41 |
| EGI | $188.1k | $33.59 |
| − OpEx | −$84.6k | −$15.11 |
| NOI | $103.5k | $18.47 |
