For Sale
$839,900
2815 NW 14th St, Miami, FL 33125
Triplexes
Property Size2,024 SF
Price / SF$414.97
Days on Market77
Property Features for 2815 NW 14th St
General Information
Standard status
Active
Size
2,024 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$9,722
Building Details
Building Size
2,024 SF
Year Built
1953
Listing Agency:
Real Estate Sales Force
Listed By:
Daniel Fernandez · License #3596493
(305) 206-8490
Source:
Allyandaj
Added: Jul 30
Changed: Oct 14
Last Checked: Oct 13 at 2:23AM
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 Real Estate Sales Force
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,592
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$811,840
$811.8K
Cap Rate 7%
$579,886
$579.9K
Cap Rate 9%
$451,022
$451.0K
Market Conditions
NOI Build-Up for 2,024 SF
Gross rent
$61.9K $30.60/SF
− Vacancy
−$3.9K −$1.95/SF
EGI
$58.0K $28.65/SF
− OpEx
−$17.4K −$8.60/SF
NOI
$40.6K $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 Rate 5%
$811,840
Cap Rate 7%
$579,886
Cap Rate 9%
$451,022
Alternative Uses
Best Use
Multifamily LT 5
$579.9K
$507.4K – $676.5K
NOI $40,592 @ 7.0% cap · market cap 4.83%
Second Best
Apartment 5plus
$534.1K
$467.4K – $623.2K
NOI $37,390 @ 7.0% cap · market cap 4.45%
Theoretical Best
Specialty Retail
$1.37M
$1.20M – $1.59M
NOI $95,635 @ 7.0% cap · market cap 11.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,835
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
Where is this triplex located?
The property is located at 2815 NW 14th St Miami, FL.
What is the asking price?
The asking price for this property is $839,900.
