Three-Unit Residential
526 NW 44th Avenue, Miami, FL 33126
For Sale
$429,900
Pending
Three living units with front parking support owner-occupancy or rental use in Miami.
Property Size2,014 SF
Days on Market53
Property Features for 526 NW 44th Avenue
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Furnished
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
NuFront International Realty
Listed By:
Raul M Gonzalez · License FL #3387917
(305) 785-3030
Source:
Laerrealty
Added: Sep 19
Changed: Nov 9
Last Checked: Nov 8 at 2:57AM
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 NuFront International Realty
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Investment Insights
Based on property information with market context.
Built in 1930, this Miami residential income property contains three living units with a combined configuration of 3 bedrooms and 2.5 baths. Front parking spaces serve the property, while zoning is identified as 5700. The asset may suit an owner-occupant or an investor pursuing rental income.
The property is located near major roads, shopping, dining, schools, and other everyday amenities. Its address is 526 NW 44th Avenue, Miami, FL 33126. Photos have been virtually staged, and any furniture shown is illustrative only.
The property is located near major roads, shopping, dining, schools, and other everyday amenities. Its address is 526 NW 44th Avenue, Miami, FL 33126. Photos have been virtually staged, and any furniture shown is illustrative only.
Key Highlights
- Three living units in a multifamily property
- 3 bedrooms and 2.5 baths
- Front parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,108
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$782,160
$782.2K
Cap Rate 7%
$558,686
$558.7K
Cap Rate 9%
$434,533
$434.5K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$59.7K $30.60/SF
− Vacancy
−$3.8K −$1.95/SF
EGI
$55.9K $28.65/SF
− OpEx
−$16.8K −$8.60/SF
NOI
$39.1K $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%
$782,160
Cap Rate 7%
$558,686
Cap Rate 9%
$434,533
Alternative Uses
Best Use
Multifamily LT 5
$558.7K
$488.9K – $651.8K
NOI $39,108 @ 7.0% cap · market cap 9.10%
Second Best
Apartment 5plus
$514.6K
$450.3K – $600.4K
NOI $36,023 @ 7.0% cap · market cap 8.38%
Theoretical Best
Specialty Retail
$1.32M
$1.15M – $1.54M
NOI $92,138 @ 7.0% cap · market cap 21.43%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
2,279
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
$299,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Triplexes in Miami, FL
Properties on Market for Triplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three living units with front parking support owner-occupancy or rental use in Miami.
Where is this triplex located?
The property is located at 526 NW 44th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Three living units in a multifamily property; 3 bedrooms and 2.5 baths; Front parking spaces
