530 Northwest 99th Street Miami, FL 33150
Value-add duplex with income potential in a strong rental corridor.
Property Features for 530 Northwest 99th Street
General Information
- Standard status
- Active
- Size
- 2,465 SF
- Lot size
- 0.17 Acres
- Property subtype
- Residential Income / Duplex
Building Details
- Year Built
- 1974
Listing office Compass (305) 496-6693
Listing date Mar 10, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Strong income potential with projected rents of $2,900 per unit ($69,600 annual gross income).
- Value‑add opportunity to increase value through strategic improvements and rent optimization.
- Located in a strong rental corridor with convenient access to major highways, Downtown Miami, Wynwood, Miami Shores, and key employment centers.
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 | $75.4k | $30.60 |
| − Vacancy | −$4.8k | −$1.95 |
| EGI | $70.6k | $28.65 |
| − OpEx | −$21.2k | −$8.60 |
| NOI | $49.4k | $20.06 |
