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10502 SW 77th Ct 2 Unit Apartment Building $1,299,000 ($649,500/Unit) 5.43% Cap Rate Miami, FL 33156

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INVESTMENT HIGHLIGHTS

  • Rare Pinecrest duplex opportunity in a quiet cul-de-sac with minimal traffic, offering a unique blend of comfort, versatility, & investment potential.

EXECUTIVE SUMMARY

Rare Pinecrest duplex opportunity in a quiet cul-de-sac with minimal traffic, offering a unique blend of comfort, versatility, & investment potential. One side features 3 spacious bedrooms & 2.5 bathrooms in move-in ready condition, while the other side showcases a beautifully updated 2-bedroom, 1-bathroom unit with modern touches. Each residence has its own washer & dryer, along with individually fenced private backyards that provide an enhanced sense of privacy & space for outdoor enjoyment. Currently owner-occupied & meticulously maintained, this property is ideal for generating steady rental income, accommodating extended family, or living in one unit while leasing the other. With Pinecrest duplexes in extremely short supply, this is a rare chance to purchase this prime real estate

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL ANNUAL PER SF
Gross Rental Income $94,800 $38.10
Other Income - -
Vacancy Loss - -
Effective Gross Income $94,800 $38.10
Taxes $17,000 $6.83
Operating Expenses $7,200 $2.89
Total Expenses $24,200 $9.73
Net Operating Income $70,600 $28.38

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income
Annual $94,800
Annual Per SF $38.10
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $94,800
Annual Per SF $38.10
Taxes
Annual $17,000
Annual Per SF $6.83
Operating Expenses
Annual $7,200
Annual Per SF $2.89
Total Expenses
Annual $24,200
Annual Per SF $9.73
Net Operating Income
Annual $70,600
Annual Per SF $28.38

PROPERTY FACTS

Price $1,299,000
Price Per Unit $649,500
Sale Type Investment
Cap Rate 5.43%
Sale Conditions
1031 Exchange
  • Lease Option
  • High Vacancy Property
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.24 AC
Building Size 2,488 SF
No. Stories 1
Year Built 1956
Zoning 5700

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-5010-001-0090
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$789,709
Annual Taxes
$17,000 ($6.83/SF)
Tax Year
2025
  • Listing ID: 37544346

  • Date on Market: 9/4/2025

  • Last Updated:

  • Address: 10502 SW 77th Ct, Miami, FL 33156

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