5130 - 5140 NW 5th Avenue Miami, FL 33127
New construction duplex near Wynwood with strong rental income potential.
Property Features for 5130 - 5140 NW 5th Avenue
General Information
- Standard status
- Active
- Size
- 13,028 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2023
Listing office Lokation Realty
Listing date Feb 18, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- New construction (2023) duplex buildings comprising 4 luxury townhome‑style units with private pools.
- Located in a sought‑after Miami location, minutes from Wynwood, offering proximity to dining, art, and entertainment.
- Turnkey asset: fully furnished and professionally curated units for immediate income generation.
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 | $398.7k | $30.60 |
| − Vacancy | −$25.4k | −$1.95 |
| EGI | $373.3k | $28.65 |
| − OpEx | −$112.0k | −$8.60 |
| NOI | $261.3k | $20.06 |
