Fully Leased Duplex with Separate
For Sale
$610,000
10544 SW 182nd St, Miami, FL 33157
MULTI_FAMILY - Miami, FL
Property Size1,475 SF
Lot Size0.27 Acres
Price / SF$413.56
Days on Market62
Property Features for 10544 SW 182nd St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
3050
Bedrooms
4
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 2
Parking
2
Subdivision
ROSEHAVEN
Lot features
1/4 to 1/2 Acre Lot
Directions
Please use GPS
Standard status
Active
APN
30-50-32-016-0040
Size
1,475 SF
Lot size
0.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
ROSEHAVEN PB 49-49 LOT 4 BLK 1 LOT SIZE 84.400 X 140 OR 12724-301 0884 2
Tax Annual Amount
8225
Legal Description
ROSEHAVEN PB 49-49 LOT 4 BLK 1 LOT SIZE 84.400 X 140 OR 12724-301 0884 2
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Amenities
laundry rooms
outdoor terraces
mature trees
Building Details
Year built
1994
Floors in Building
1
Flooring type
Vinyl, Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
South Florida Real Estate Grp
(305) 254-4545
Listed By:
Valentina Verdia · License #3512870
(954) 817-9381
Added: Jun 19
Changed: Aug 2
Last Checked: Aug 19 at 11:06PM
MLS# A12039555
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 fully leased duplex offers functional two-bedroom, one-bath layouts with separate electric meters, helping keep utilities individually managed for each unit. Built in 1994, the property features block construction and interiors finished with vinyl and tile flooring. Each unit includes a dedicated laundry room, along with outdoor terraces for tenant use. Shingle roofing, electric heating, and electric cooling are in place, with public sewer service connected. Cable is available, supporting modern connectivity needs.
Set on an approximately 11,800 SF lot, the property includes mature trees and ample on-site parking to support day-to-day tenant needs. The duplex is tenant occupied.
Located in West Perrine near US-1, with convenient access to Palmetto Bay and Cutler Bay, the area is positioned for long-term rental demand tied to Miami-Dade employment corridors.
Set on an approximately 11,800 SF lot, the property includes mature trees and ample on-site parking to support day-to-day tenant needs. The duplex is tenant occupied.
Located in West Perrine near US-1, with convenient access to Palmetto Bay and Cutler Bay, the area is positioned for long-term rental demand tied to Miami-Dade employment corridors.
Key Highlights
- Fully leased duplex with separate electric meters
- Built in 1994 with block construction
- Approximately 11,800 SF lot with mature trees and ample on‑site parking
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
$31,126
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
5.10%
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%
$622,520
$622.5K
Cap Rate 7%
$444,657
$444.7K
Cap Rate 9%
$345,844
$345.8K
Market Conditions
NOI Build-Up for 1,475 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
$46.9K $31.80/SF
− Vacancy
−$2.4K −$1.65/SF
EGI
$44.5K $30.15/SF
− OpEx
−$13.3K −$9.04/SF
NOI
$31.1K $21.10/SF
Area
ZIP 33157
Vacancy
5.20%
Lease Rate
$31.80 /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%
$622,520
Cap Rate 7%
$444,657
Cap Rate 9%
$345,844
Alternative Uses
Best Use
Multifamily LT 5
$444.7K
$389.1K – $518.8K
NOI $31,126 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$388.4K
$339.9K – $453.2K
NOI $27,190 @ 7.0% cap · market cap 4.46%
Theoretical Best
Office A
$748.3K
$654.8K – $873.1K
NOI $52,383 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,020
Businesses Nearby
Explore this area
Business Placement
Demographics for 33157, FL
68,069
Population
23,176
Households
2.9
Avg Household Size
42
Median Age
33%
College-Educated
86%
High-School Grad
14.9 sq mi
ZIP Area
4,568
Density / Sq Mi
$80,364
Median Household Income
$38,803
Median Earnings
$1,493
Median Rent
$478,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased two-bedroom/one-bath duplex with separate electric meters, laundry rooms, and outdoor terraces.
Where is this duplex located?
The property is located at 10544 SW 182nd St Miami, FL.
What is the asking price?
The asking price for this property is $610,000.
What are key features of this property?
This property features: Fully leased duplex with separate electric meters; Built in 1994 with block construction; Approximately 11,800 SF lot with mature trees and ample on‑site parking
