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Residential Income Unit with Parking

101 NW 74th St #4 Unit 4, Miami, FL 33150

For Sale
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Updated kitchen and renovated bathroom in a unit within a boutique-style multifamily property with on-site parking.

Property Size542 SF
Price / SF$3.14
Days on Market142

Property Features for 101 NW 74th St #4 Unit 4

General Information

Standard status Active
Size 542 SF
Property subtype Multi-Unit

Site & Location

Neighborhood Little River Central

Amenities

on-site parking
Lot Size Square Feet: 5428
Percentage of Tax that is Deductable: 0
Rental, Sale Type: Foreclosure, Availability Date: 2026-07-01
One Bedroom
One Story, Built in 1953, Community Pets Allowed
Subdivision Name: Rev Pl Sturgeon Heights A
Above Area Square Feet: 542
One Full Bath

Building Details

Year Built 1953
Listing Agency: Compass Florida, LLC
Listed By: Tristan Alexander · License FL #3320999
Source: Doyle-realty
Added: Jun 22 Changed: Nov 10 Last Checked: Nov 10 at 8:26AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Florida, LLC

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Investment Insights

Based on property information with market context.

This well-maintained residential income unit is set within a boutique-style property and offers a comfortable interior with original hardwood floors and abundant natural light. The layout includes spacious living areas, along with an updated kitchen and a renovated bathroom.

The property is located in Miami’s Little River neighborhood, with convenient access to Miami Shores, the Design District, Midtown, Wynwood, and Downtown Miami, plus nearby dining, shopping, and entertainment options.

On-site parking is available for residents, supporting day-to-day convenience for tenants or owner-occupants.

Key Highlights

  • 1953‑built residence within a boutique‑style multifamily property
  • Updated kitchen
  • Renovated bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,013
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,260 $200.3K
Cap Rate 7%
$143,043 $143.0K
Cap Rate 9%
$111,256 $111.3K
Market Conditions
NOI Build-Up for 542 SF
Gross rent
$19.5K $36.00/SF
− Vacancy
−$1.3K −$2.41/SF
EGI
$18.2K $33.59/SF
− OpEx
−$8.2K −$15.11/SF
NOI
$10.0K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,260
Cap Rate 7%
$143,043
Cap Rate 9%
$111,256

Alternative Uses

Best Use
Apartment 5plus
$143.0K
$125.2K – $166.9K (±1% cap)
NOI $10,013 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$365.9K
$320.1K – $426.8K (±1% cap)
NOI $25,610 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

2,119
Businesses Nearby

Demographics for 33150, FL

28,703
Population
12,403
Households
2.3
Avg Household Size
37
Median Age
14%
College-Educated
75%
High-School Grad
3.5 sq mi
ZIP Area
8,201
Density / Sq Mi
$40,802
Median Household Income
$32,359
Median Earnings
$1,179
Median Rent
$377,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Multifamily properties in Miami, FL

$482 Jul
$482 Aug
$478 Sep
$464 Oct

Properties on Market for Multifamily properties in Miami

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Updated kitchen and renovated bathroom in a unit within a boutique-style multifamily property with on-site parking.
Where is this multifamily property located?
The property is located at 101 NW 74th St #4 Unit 4 Miami, FL.
What are key features of this property?
This property features: 1953‑built residence within a boutique‑style multifamily property; Updated kitchen; Renovated bathroom
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