1954 Triplex
For Sale
$639,900
836 NW 101st St, Miami, FL 33150
Three-unit residential property with one occupied unit and lockbox access for the remaining units.
Property Size1,678 SF
Days on Market173
Property Features for 836 NW 101st St
General Information
Standard status
Active
Size
1,678 SF
Property subtype
Triplex
Additional Details
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$5,712
Building Details
Building Size
1,678 SF
Year Built
1954
Listing Agency:
Miramar Realty Group
Listed By:
Francis Ragoo · License #0397454
(786) 286-6166
Source:
Marcelosteinmander
Added: Apr 16
Changed: Sep 25
Last Checked: Oct 4 at 2:12PM
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 Miramar Realty Group
Investment Insights
Based on property information with market context.
This Miami triplex was built in 1954 and is configured as a three-unit residential property. One unit is occupied, while the other two units have lockbox access for property viewings.
Located at 836 NW 101st Street in Miami, Florida, the property offers a straightforward multifamily configuration for buyers evaluating an existing three-unit asset.
Located at 836 NW 101st Street in Miami, Florida, the property offers a straightforward multifamily configuration for buyers evaluating an existing three-unit asset.
Key Highlights
- Three‑unit triplex configuration
- Built in 1954
- One unit is occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,653
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$673,060
$673.1K
Cap Rate 7%
$480,757
$480.8K
Cap Rate 9%
$373,922
$373.9K
Market Conditions
NOI Build-Up for 1,678 SF
Gross rent
$51.3K $30.60/SF
− Vacancy
−$3.3K −$1.95/SF
EGI
$48.1K $28.65/SF
− OpEx
−$14.4K −$8.60/SF
NOI
$33.7K $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%
$673,060
Cap Rate 7%
$480,757
Cap Rate 9%
$373,922
Alternative Uses
Best Use
Multifamily LT 5
$480.8K
$420.7K – $560.9K
NOI $33,653 @ 7.0% cap · market cap 5.26%
Second Best
Apartment 5plus
$442.8K
$387.5K – $516.6K
NOI $30,998 @ 7.0% cap · market cap 4.84%
Theoretical Best
Specialty Retail
$1.13M
$991.1K – $1.32M
NOI $79,286 @ 7.0% cap · market cap 12.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
965
Businesses Nearby
Explore this area
Business Placement
Demographics for 33150, FL
28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with one occupied unit and lockbox access for the remaining units.
Where is this triplex located?
The property is located at 836 NW 101st St Miami, FL.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Three‑unit triplex configuration; Built in 1954; One unit is occupied
