453 East 13th Street Hialeah, FL 33010
Duplex in excellent condition with long-term tenants and modern amenities.
Property Features for 453 East 13th Street
General Information
- Standard status
- Active
- Size
- 1,659 SF
- Property subtype
- Residential Income / Duplex
Building Details
- Year Built
- 1984
Listing office Select International Realty, LLC. (305) 632-3144
Listing date Sep 12, 2025
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Excellent location
- Two 2/1 units in excellent condition with long‑term tenants
- Impact windows throughout
Local Financial Insights For Multifamily LT 5
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 | $36.8k | $22.20 |
| − Vacancy | −$2.8k | −$1.67 |
| EGI | $34.1k | $20.54 |
| − OpEx | −$10.2k | −$6.16 |
| NOI | $23.8k | $14.37 |