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236 SW 10th Ave 4 Unit Apartment Building $1,025,000 ($256,250/Unit) 6.54% Cap Rate Miami, FL 33130
EXECUTIVE SUMMARY
COMPLETELY UPDATED FOURPLEX IN THE HEART OF LITTLE HAVANA CURRENTLY FULLY LEASED GENERATING A GREAT MONTHLY INCOME. PROPERTY IS COMPOSED OF (2) THREE BEDROOM UNITS, A TWO BEDROOM UNIT AND A STUDIO. PROPERTY IS ZONED T4-R PROVIDING A POTENTIAL FOR REDEVELOPMENT IN THE FUTURE. PLEASE CONTACT LISTING AGENT FOR MORE INFORMATION.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$104,400
|
$37.94
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$104,400
|
$37.94
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$36,540
|
$13.28
|
| Net Operating Income |
$67,860
|
$24.66
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $104,400 |
| Annual Per SF | $37.94 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $104,400 |
| Annual Per SF | $37.94 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $36,540 |
| Annual Per SF | $13.28 |
| Net Operating Income | |
|---|---|
| Annual | $67,860 |
| Annual Per SF | $24.66 |
PROPERTY FACTS
| Price | $1,025,000 | Apartment Style | Low-Rise |
| Price Per Unit | $256,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.11 AC |
| Cap Rate | 6.54% | Building Size | 2,752 SF |
| Gross Rent Multiplier | 11.06 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1937/2022 |
| Property Subtype | Apartment | ||
| Zoning | T4-R - Residential | ||
| Price | $1,025,000 |
| Price Per Unit | $256,250 |
| Sale Type | Investment |
| Cap Rate | 6.54% |
| Gross Rent Multiplier | 11.06 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 2,752 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1937/2022 |
| Zoning | T4-R - Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 8+4 | 4 | - | 2,752 |
1 1
Walk Score®
Walker's Paradise (92)
Bike Score®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 01-4102-005-3700 | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $538,871 (2025) |
PROPERTY TAXES
Parcel Number
01-4102-005-3700
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$538,871 (2025)
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236 SW 10th Ave
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