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    5010 NW 2Nd Ave Miami, FL 33127

    For Sale
    $1,156,000

    Fourplex, Quadruplex - Miami, FL

    Type:Quadruplex
    Days on Market:
    84
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 5010 NW 2Nd Ave

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    4801
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1
    Bedrooms
    1
    Bathrooms
    4
    APN
    01-31-24-013-4700
    Parking
    5

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    1956
    Flooring type
    Tile, Tile - Ceramic
    Building materials
    Block
    Roof type
    Barrel
    Architectural style
    Other

    Miami New Realty (305) 485-3100 [email protected]

    Listing agent Yenitze Molina (305) 485-3100 License #3281745

    Listing date Sep 15, 2025

    MLS# A11839754 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miami Fourplex with Development Potential

    This multifamily property features five studio units, fully permitted and currently 100% leased, generating $90,600 annually. The property is located in Buena Vista on 2nd Avenue, approximately 0.7 miles from the Miami Design District and near Wynwood. The location ensures strong tenant demand. The studios have separate FPL meters and CBS construction. Situated on a 6,099 square foot lot with T4-O zoning, which allows for residential, commercial, and entertainment uses, the property and adjacent vacant parcels offer development potential. The property is suitable for short-term rentals, such as Airbnb or VRBO, with the potential to increase income and ROI. The property's zoning is 4801.
    Property Profile Location Intelligence

    Current Use by Public Records

    Goldenbar - Upper Buena ... Clothing Store Island Soul (IS) ... Jewelry Store Iniva Store Branja Restaurant Randy Lindgren Aesthetic ... Skin Care Clinic

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.200117
    Latitude
    25.821775

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    FAQs

    What type of property is this?
    Quadplex - Fully leased fourplex near Miami Design District with development potential.
    Where is this quadplex located?
    The property is located at 5010 NW 2Nd Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,156,000.
    What are key features of this property?
    This property features: - Fully permitted multifamily property with 5 studio units, 100% leased and generating $90,600/year, providing immediate cash flow.; - Prime location on 2nd Ave in Buena Vista, close to Miami Design District and Wynwood, ensuring high tenant demand.; - T4-O zoning on a 6,099 sq ft lot allows for residential, commercial, and entertainment uses, with adjacent vacant parcels offering significant development potential.
    (305) 485-3100
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    5010 NW 2Nd Ave Miami, FL 33127
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    Miami, FL 33127
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5010 NW 2Nd Ave Miami, FL 33127
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