4419 NW 17th Ave Miami, FL 33142
Income-generating multifamily property with development potential in a desirable location.
Property Features for 4419 NW 17th Ave
General Information
- Standard status
- Active
- Size
- 1,652 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1938
Listing office Carmona Realty Group, LLC.
Listing date Mar 10, 2026
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 Carmona Realty Group, LLC.
Investment Insights
Based on property information with market context.
Key Highlights
- Excellent income‑producing property.
- Zoned T5‑O with potential for multifamily/commercial development.
- Centrally located near Expressway, Airport, and Wynwood.
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 | $59.5k | $36.00 |
| − Vacancy | −$4.0k | −$2.41 |
| EGI | $55.5k | $33.59 |
| − OpEx | −$25.0k | −$15.11 |
| NOI | $30.5k | $18.47 |
