Duplex with Impact
New
For Sale
$1,515,000
1030 SW 10th Ave, Miami, FL 33130
Two residences feature in-unit laundry, porcelain flooring, and stainless steel appliances.
Property Size2,505 SF
Lot Size0.14 Acres
Price / SF$604.79
Days on Market7
Property Features for 1030 SW 10th Ave
General Information
Standard status
Active
Size
2,505 SF
Lot size
0.14 Acres
Property subtype
Duplex
Additional Details
Highway Access
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$11,506
Amenities
in-unit laundry
Building Details
Building Size
2,505 SF
Year Built
1973
Year Renovated
2023
Buildings
1
Listing Agency:
Montes Realty, LLC
Listed By:
Fabiola Montes · License #3247266
(813) 270-2768
Source:
Vanessafrankmiami
Added: Oct 14
Changed: Oct 19
Last Checked: Oct 19 at 9:58AM
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 Montes Realty, LLC
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Investment Insights
Based on property information with market context.
This Miami duplex contains two residences with 2,505 square feet of living area on a 6,250-square-foot lot. The property has impact windows and doors, porcelain flooring, stainless steel appliances, and in-unit laundry. Renovation work is reported to have been completed in 2023.
The property is near Calle Ocho and The Roads, with access to Brickell, Downtown Miami, dining, shopping, major highways, Miami International Airport, and PortMiami.
The property is near Calle Ocho and The Roads, with access to Brickell, Downtown Miami, dining, shopping, major highways, Miami International Airport, and PortMiami.
Key Highlights
- Two residences with 2,505 square feet of living area
- 6,250‑square‑foot lot
- Reportedly renovated in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,239
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,004,780
$1.0M
Cap Rate 7%
$717,700
$717.7K
Cap Rate 9%
$558,211
$558.2K
Market Conditions
NOI Build-Up for 2,505 SF
Gross rent
$76.7K $30.60/SF
− Vacancy
−$4.9K −$1.95/SF
EGI
$71.8K $28.65/SF
− OpEx
−$21.5K −$8.60/SF
NOI
$50.2K $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 Rate 5%
$1,004,780
Cap Rate 7%
$717,700
Cap Rate 9%
$558,211
Alternative Uses
Best Use
Multifamily LT 5
$717.7K
$628.0K – $837.3K
NOI $50,239 @ 7.0% cap · market cap 3.32%
Second Best
Apartment 5plus
$661.1K
$578.5K – $771.3K
NOI $46,276 @ 7.0% cap · market cap 3.05%
Theoretical Best
Specialty Retail
$1.69M
$1.48M – $1.97M
NOI $118,362 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,457
Businesses Nearby
Explore this area
Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
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
Frequently Asked Questions
What type of property is this?
Duplex - Two residences feature in-unit laundry, porcelain flooring, and stainless steel appliances.
Where is this duplex located?
The property is located at 1030 SW 10th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,515,000.
What are key features of this property?
This property features: Two residences with 2,505 square feet of living area; 6,250‑square‑foot lot; Reportedly renovated in 2023
