Two-Bedroom
For Sale
$1,170,000
1075 Nw 30th St, Miami, FL 33127
Each residence is configured with two bedrooms and one bathroom for consistent residential occupancy.
Property Size2,904 SF
Lot Size0.13 Acres
Price / SF$402.89
Days on Market367
Property Features for 1075 Nw 30th St
General Information
Standard status
Active
Size
2,904 SF
Lot size
0.13 Acres
Property subtype
Residential Income
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$13,078
Listing Agency:
Keller Williams Realty International Lifestyles
(786) 615-6761
Listed By:
Nelly Rojas · License #3439854
(786) 355-7939
Source:
Exprealty
Added: Sep 2, 2025
Changed: Sep 2
Last Checked: Sep 2 at 6:48PM
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 Keller Williams Realty International Lifestyles
Investment Insights
Based on property information with market context.
This four-unit residential property contains 2,904 square feet on a 5,500-square-foot lot. Every unit includes two bedrooms and one bathroom, creating a consistent layout across the building. The property is currently progressing through its 40 year recertification process.
Located at 1075 NW 30th St in Miami, Florida, the property has executed leases scheduled to begin April 1. All four residences share the same two-bedroom, one-bathroom configuration, offering a straightforward multifamily format with uniform unit layouts.
Located at 1075 NW 30th St in Miami, Florida, the property has executed leases scheduled to begin April 1. All four residences share the same two-bedroom, one-bathroom configuration, offering a straightforward multifamily format with uniform unit layouts.
Key Highlights
- Four residential units, each with 2 bedrooms and 1 bathroom
- 2,904 square feet on a 5,500 sq ft 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
Property Profile
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Each residence is configured with two bedrooms and one bathroom for consistent residential occupancy.
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 sq ft lot; 40 year recertification process currently underway
