| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 57th | Poor |
| Demographics | 18th | Poor |
| Amenities | 70th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 201 NW 72nd Ave, Miami, FL, 33126, US |
| Region / Metro | Miami |
| Year of Construction | 1987 |
| Units | 33 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
201 NW 72nd Ave Miami Multifamily Investment
Inner-suburban Miami location with renter demand supported by neighborhood occupancy in the mid-90s, according to WDSuite s CRE market data. Stable tenancy potential pairs with proximity to major employers and daily amenities.
Located in an Inner Suburb of the Miami-Miami Beach-Kendall metro, the neighborhood carries a C+ rating and trends above the metro median for occupancy, signaling steadier lease-up and retention dynamics for multifamily relative to many of the 449 metro neighborhoods. Amenity density is a strength: restaurants and cafes track in the top quartile nationally, while grocery access is also strong versus U.S. peers, supporting day-to-day livability that helps sustain renter interest.
The property s 1987 vintage is slightly newer than the neighborhood s average construction year (1982). That positioning can be competitively favorable versus older stock, though investors should still plan for modernization of building systems and common areas to support rent attainment and reduce near-term CapEx variability.
Tenure data points to a meaningful renter base: roughly six in ten housing units in the neighborhood are renter-occupied, indicating depth for multifamily leasing and a broader pipeline of prospects for renewals and backfills. Within a 3-mile radius, households have grown in recent years and are projected to expand further as average household size declines, which typically enlarges the renter pool even as overall population edges lower; these shifts tend to support occupancy stability over time.
From a pricing context, neighborhood rents sit above many U.S. areas and have risen over the past five years, with further increases projected, according to WDSuite s commercial real estate analysis. This can sustain revenue growth but also warrants attention to rent-to-income levels, which indicate affordability pressure in this submarket. Home values in the immediate area are comparatively accessible for owners, which may introduce some competition with rental options; operators can offset this with product differentiation and service quality to support retention.
Safety indicators trail national averages, with the neighborhood ranking in the lower cohort among 449 metro neighborhoods and national percentiles indicating below-average safety relative to U.S. peers. That said, recent trends show an improvement in property-related incidents over the last year, suggesting some moderation in non-violent activity. Investors should underwrite with prudent security and operating protocols and track trendlines at the neighborhood level rather than block-by-block assumptions.
Framing these metrics comparatively is most useful for underwriting: the area performs below many Miami neighborhoods and below national percentiles on safety, yet the year-over-year decline in estimated property offenses points to incremental progress. Operators often address similar profiles through lighting, access controls, and community engagement while calibrating concessions and screening to sustain occupancy.
- Lennar homebuilding (3.6 miles) HQ
- World Fuel Services energy & logistics (3.8 miles) HQ
- Ryder System transportation & leasing (8.1 miles) HQ
- Johnson & Johnson healthcare & consumer products (9.1 miles)
- Mosaic chemicals & crop nutrition (12.1 miles)
A diversified nearby employment base supports commuter convenience and renter demand, led by headquarters and regional offices in homebuilding, energy logistics, transportation, healthcare, and chemicals that can stabilize leasing through varied cycles.
201 NW 72nd Ave sits in an Inner Suburb with amenity depth and a renter-occupied share near 60%, supporting demand for a 33-unit asset. Occupancy in the neighborhood runs above the metro median and trends strong versus national peers, and restaurants, cafes, and groceries are competitive nationally, helping sustain leasing velocity. Based on CRE market data from WDSuite, rents have been rising and are projected to continue upward, which can support revenue growth if paired with attentive lease management.
Built in 1987, the asset is slightly newer than the neighborhood average, offering relative competitiveness versus older stock while still benefiting from targeted modernization to unlock value-add upside. Within a 3-mile radius, households are expanding and expected to grow further as household sizes shrink, signaling a larger renter pool even as population modestly contracts. Key watch items include affordability pressure (elevated rent-to-income levels), safety metrics that trail metro and national norms, and potential competition from ownership given comparatively accessible home values.
- Above-median neighborhood occupancy supports leasing stability and renewal depth.
- 1987 vintage offers value-add potential via targeted interior and systems upgrades.
- Dense amenity base and proximity to major employers bolster day-to-day livability and retention.
- 3-mile household growth and smaller household sizes point to a larger renter pool over time.
- Risks: affordability pressure, below-average safety metrics, and competition from ownership options.