Four-Unit
For Sale
Under Contract
$1,170,000
1075 NW 30th St, Miami, FL 33127
Residential Income, Miami, FL
Property Size2,904 SF
Lot Size0.13 Acres
Price / SF$402.89
Days on Market68
Property Features for 1075 NW 30th St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
5700
Bedrooms
8
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 8, Bedroom 7, Bathroom 1, Bedroom 6, Bedroom 2, Bedroom 3
Parking
4
Security features
Security
Patio and Porch features
Patio
Exterior features
Fence, Patio, Security/High Impact Doors
Fencing
Fenced
Subdivision
SANTA CLARA SUB
Lot features
< 1/4 Acre
Standard status
Active Under Contract
APN
01-31-26-036-0410
Size
2,904 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
SANTA CLARA SUB PB 6-110 LOT 19 BLK 3 LOT SIZE 5500 SQUARE FEET OR 9892-1249 COC 22617-2237 07 2004 4
Tax Annual Amount
13078
Legal Description
SANTA CLARA SUB PB 6-110 LOT 19 BLK 3 LOT SIZE 5500 SQUARE FEET OR 9892-1249 COC 22617-2237 07 2004 4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Cooling system
Electric
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Flooring type
Tile - Ceramic
Building materials
Frame, Stucco
Roof type
Built-Up
Architectural style
Other
Listing Agency:
Keller Williams Realty International Lifestyles
(786) 615-6761
Listed By:
Nelly Rojas · License #3439854
(786) 355-7939
Added: Jul 18
Changed: Sep 15
Last Checked: Sep 23 at 5:06AM
MLS# A11870687
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 Miami quadplex contains four residential units within a 2,904-square-foot building on a 5,500-square-foot lot. Each unit is configured with two bedrooms and one bathroom. The property was built in 1920 and includes ceramic tile flooring, electric cooling, a built-up roof, frame and stucco construction, and a fenced patio area. Security or high-impact doors are also present.
Located at 1075 NW 30th St in Miami, the property is served by public water and public sewer, with cable available. The asset is currently moving through its 40 year recertification process. Executed leases are scheduled to be in place for all four units beginning April 1st, providing an established occupancy plan for the next owner.
Located at 1075 NW 30th St in Miami, the property is served by public water and public sewer, with cable available. The asset is currently moving through its 40 year recertification process. Executed leases are scheduled to be in place for all four units beginning April 1st, providing an established occupancy plan for the next owner.
Key Highlights
- Four residential units, each with 2 bedrooms and 1 bathroom
- 2,904 square feet on a 5,500 square foot lot
- 40 year recertification process currently underway
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$58,241
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,164,820
$1.2M
Cap Rate 7%
$832,014
$832.0K
Cap Rate 9%
$647,122
$647.1K
Market Conditions
NOI Build-Up for 2,904 SF
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.
Gross rent
$88.9K $30.60/SF
− Vacancy
−$5.7K −$1.95/SF
EGI
$83.2K $28.65/SF
− OpEx
−$25.0K −$8.60/SF
NOI
$58.2K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,164,820
Cap Rate 7%
$832,014
Cap Rate 9%
$647,122
Alternative Uses
Best Use
Multifamily LT 5
$832.0K
$728.0K – $970.7K
NOI $58,241 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$766.4K
$670.6K – $894.1K
NOI $53,647 @ 7.0% cap · market cap 4.59%
Theoretical Best
Specialty Retail
$1.96M
$1.72M – $2.29M
NOI $137,215 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,177
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer a consistent two-bedroom, one-bath configuration with leases scheduled to begin April 1st.
Where is this quadplex located?
The property is located at 1075 NW 30th St Miami, FL.
What is the asking price?
The asking price for this property is $1,170,000.
What are key features of this property?
This property features: Four residential units, each with 2 bedrooms and 1 bathroom; 2,904 square feet on a 5,500 square foot lot; 40 year recertification process currently underway
