5181 NW 5th Street, Miami, FL 33126

Building Details

Year Built 1959 More

Listing Agency: International Unlimited Realty

Listed By: Danett E Marante · License FL #3027383 Show Phone

Source: Miznerpartners

Added: Sep 16 Changed: Nov 10 Last Checked: Nov 10 at 4:00PM

Report an Issue

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 International Unlimited Realty

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$36,220

Cap Rate

5.10%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$724,400 $724.4K

Cap Rate 7%

$517,429 $517.4K

Cap Rate 9%

$402,444 $402.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,806 SF

Gross rent

$55.3K $30.60/SF

− Vacancy

−$3.5K −$1.95/SF

EGI

$51.7K $28.65/SF

− OpEx

−$15.5K −$8.60/SF

NOI

$36.2K $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%

$724,400

Cap Rate 7%

$517,429

Cap Rate 9%

$402,444

Alternative Uses

Best Use

Multifamily LT 5

$517.4K

$452.8K – $603.7K (±1% cap)

NOI $36,220 @ 7.0% cap · market cap 5.10%

Second Best

Apartment 5plus

$476.6K

$417.0K – $556.1K (±1% cap)

NOI $33,363 @ 7.0% cap · market cap 4.70%

Theoretical Best

Specialty Retail

$1.22M

$1.07M – $1.42M (±1% cap)

NOI $85,334 @ 7.0% cap · market cap 12.02%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Suggested Use

Top Pick Parking Lot & Garage Gym & Fitness Center Real Estate Agency Garden Center (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,027

Businesses Nearby

Explore this area Business Placement

Demographics for 33126, FL

48,751

Population

19,725

Households

2.5

Avg Household Size

44

Median Age

28%

College-Educated

77%

High-School Grad

5.4 sq mi

ZIP Area

9,028

Density / Sq Mi

$55,722

Median Household Income

$32,607

Median Earnings

$1,651

Median Rent

$299,800

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Similar For Sale Nearby

See more

Renovated Furnished Duplex

234 NE 111th Street, Miami, FL 33161

$675,000

1,780 SF

View details

Duplex with Central Air

1286 NE 110th St, Miami, FL 33161

$750,000

1,868 SF

View details

Two-Unit Duplex

2345 NW 65th St, Miami, FL 33147

$619,900

1,808 SF

View details

Block Duplex with Central Air

1290 NE 110th St, Miami, FL 33161

$750,000

1,882 SF

View details

Remodeled Duplex

1450 NW 35th St, Miami, FL 33142

$610,000

1,825 SF

View details

Two-Unit Duplex

2411 NW 65th St, Miami, FL 33147

$619,900

1,856 SF

View details

Duplex with Private Patios

1725 NW 44th Street, Miami, FL 33142

$595,900

1,783 SF

View details

Updated Duplex with Detached Homes

929 SW 12th Ave, Miami, FL 33130

$839,000

1,763 SF

View details

Renovated Duplex

1255 NE 110th Ter, Miami, FL 33161

$639,000

1,706 SF

View details

One-Story Duplex

10304 Nw 10th Ave, Miami, FL 33150

$675,000

1,980 SF

View details

Two-Unit Duplex with Private Laundry

2218 NW 66th St, Miami, FL 33147

$755,000

1,971 SF

View details

Duplex with Separate Electric Meters

1601 NW 50th St, Miami, FL 33142

$715,000

2,033 SF

View details

Frequently Asked Questions

Where is this residential land & home lot located?

The property is located at 5181 NW 5th Street Miami, FL.

What is the asking price?

The asking price for this property is $710,000.