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Zoned T3O Multifamily Residence

1010 SW 14th Ave Miami, FL 33135

1010 SW 14th Ave, Miami, FL, 33135
$1,350,000
For Sale
$1,350,000

MULTI_FAMILY - Miami, FL

Property Size2,600 SF
Price / SF$519.23
Days on Market128

Property Features for 1010 SW 14th Ave

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Parking
4
Exterior features
Fence, Fruit Trees
Fencing
Fenced
Standard status
Active
APN
01-41-11-005-0010
Size
2,600 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
11 54 4 AVACADO PARK PB 3-68 LOT 1 BLK 1 LOT SIZE 50.00 X 150 OR 9726 1305 H BARTNIKOWSKI &W HELEN ET AL
Tax Annual Amount
14413

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1976
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Barrel
Listing Agency Douglas Elliman
5555 Biscayne Blvd Ste 302, Palm Beach, FL
Listed by Joseph Azar · License #3375463
Added: Mar 16 Updated: Jul 18 at 1:37 am Checked: Jul 21 at 3:06 am
MLS# A11982365 Listing URL

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale multifamily residence offers approximately 2,600 square feet of living area and is configured with 5 bedrooms and 3 bathrooms. The property is currently generating over $5,000 in monthly rental income. It also presents redevelopment flexibility, including the ability to be held as a performing rental asset or repositioned for future plans.

Set at 1010 SW 14th Ave in Miami (33135), the home is described as being in the heart of Little Havana, bordering Shenandoah and The Roads, and minutes from Brickell. The listing notes that the area is undergoing rapid redevelopment and is close to Downtown and Coral Gables.

For tenants, buyers, or operators, the unit mix and existing rental performance support a straightforward option for continued income use. For developers and builders, the listing states the property can be delivered with approved plans to construct two modern townhomes with rooftop terraces. Zoned T3O, the site is positioned for multiple strategies, whether maintaining it as a rental asset, renovating, or building new townhomes in the urban core.

Key Highlights

  • 2,600 SF multifamily home at 1010 SW 14th Ave with 5 bedrooms and 3 bathrooms.
  • Currently generating over $5,000 in monthly rental income.
  • Zoned T3O; can be held as a rental or repositioned for future development.

Local 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 $79.6k $30.60
− Vacancy −$5.1k −$1.95
EGI $74.5k $28.65
− OpEx −$22.3k −$8.60
NOI $52.1k $20.06
2,600 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$744.9K
$651.8K – $869.1K (±1% cap)
NOI $52,144 @ 7.0% cap · market cap 3.86%
Second Best
Apartment 5plus
$686.2K
$600.4K – $800.5K (±1% cap)
NOI $48,031 @ 7.0% cap · market cap 3.56%
Theoretical Best
Specialty Retail
$1.76M
$1.54M – $2.05M (±1% cap)
NOI $122,851 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Carpet & Flooring Store Parking Lot & Garage Catering Service Furniture & Home Goods Restaurant Arcade & Gaming Center Restaurant (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Income-producing multifamily home with 5 bedrooms and 3 bathrooms, zoned T3O for continued rental or townhome conversion.
Where is this duplex located?
The property is located at 1010 SW 14th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 2,600 SF multifamily home at 1010 SW 14th Ave with 5 bedrooms and 3 bathrooms.; Currently generating over $5,000 in monthly rental income.; Zoned T3O; can be held as a rental or repositioned for future development.
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