Remodeled Triplex with New
9828 Northwest 26th Avenue Miami, FL 33147
For Sale
$599,000
Remodeled triplex with multiple unit layouts and new central A/C plus mini-split systems for improved comfort.
Property Size1,654 SF
Lot Size0.21 Acres
Price / SF$362.15
Days on Market31
Property Features for 9828 Northwest 26th Avenue
General Information
- Standard status
- Active
- Size
- 1,654 SF
- Lot size
- 0.21 Acres
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1949
Listing Agency:
Horizon Homes Realty Corp
(305) 712-7210
Listed By:
Christopher Garcia · License #3396344
(305) 712-7210
Source:
Compass
Added: Jun 23
Changed: Jul 21
Last Checked: Jul 23 at 10:52AM
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 Horizon Homes Realty Corp
Investment Insights
Based on property information with market context.
This income-producing triplex includes a duplex with an additional efficiency unit, for a mix of unit types ranging from 2/1 and 1/1 layouts to a large efficiency. The units have been remodeled, and the property features a brand-new central A/C system along with new mini-split systems.
Located at 9828 Northwest 26th Avenue in Miami, the property is situated in a high-growth area under UC MC Urban Center Mixed-Use Corridor zoning.
Offered for sale as a rental property, the configuration is designed to support multiple rental streams within one building.
Located at 9828 Northwest 26th Avenue in Miami, the property is situated in a high-growth area under UC MC Urban Center Mixed-Use Corridor zoning.
Offered for sale as a rental property, the configuration is designed to support multiple rental streams within one building.
Key Highlights
- Triplex with multiple unit layouts and Year Built 1949
- Remodeled units plus 2/1, 1/1, and a large efficiency unit for three rental streams
- Brand‑new central A/C system and new mini‑split systems
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 | $50.6k | $30.60 |
| − Vacancy | −$3.2k | −$1.95 |
| EGI | $47.4k | $28.65 |
| − OpEx | −$14.2k | −$8.60 |
| NOI | $33.2k | $20.06 |
1,654 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$473.9K
$414.7K – $552.9K
NOI $33,172 @ 7.0% cap · market cap 5.54%
Second Best
Apartment 5plus
$436.5K
$381.9K – $509.3K
NOI $30,555 @ 7.0% cap · market cap 5.10%
Theoretical Best
Specialty Retail
$1.12M
$976.9K – $1.30M
NOI $78,152 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Remodeled triplex with multiple unit layouts and new central A/C plus mini-split systems for improved comfort.
Where is this triplex located?
The property is located at 9828 Northwest 26th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Triplex with multiple unit layouts and Year Built 1949; Remodeled units plus 2/1, 1/1, and a large efficiency unit for three rental streams; Brand‑new central A/C system and new mini‑split systems
