4-Unit
New
For Sale
$1,170,000
Pending
1075 Nw 30th St, Miami, FL 33127
Each apartment has two bedrooms and one bathroom, with leases scheduled to start April 1.
Property Size2,904 SF
Lot Size0.13 Acres
Days on Market5
Property Features for 1075 Nw 30th St
General Information
Standard status
Pending
Size
2,904 SF
Lot size
0.13 Acres
Property subtype
Residential Income
Zoning
5700
Site & Location
Neighborhood
Santa Clara
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$13,078
Amenities
Ceramic Tile
false
2
true
< 1/4 Acre
Public
4
Fence,Patio,Security/High Impact Doors
2904
Building Details
Building Size
2,904 SF
Year Built
1920
Stories
2
Listing Agency:
(786) 744-4615
Listed By:
Dariel Paula
Source:
Lacostahomesrealty
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 3:18PM
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 Dariel Paula
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Investment Insights
Based on property information with market context.
This Miami quadplex contains four residential apartments, each arranged with two bedrooms and one bathroom. The building has 2,904 square feet and was built in 1920. A 40-year recertification process is underway.
The property occupies a 5,500-square-foot lot at 1075 NW 30th Street. Leases for all four apartments are scheduled to begin April 1.
The property occupies a 5,500-square-foot lot at 1075 NW 30th Street. Leases for all four apartments are scheduled to begin April 1.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bathroom
- 2,904‑square‑foot building on a 5,500‑square‑foot lot
- 40‑year recertification process underway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,241
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
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
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 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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,177
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Each apartment has two bedrooms and one bathroom, with leases scheduled to start April 1.
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 apartments, each with 2 bedrooms and 1 bathroom; 2,904‑square‑foot building on a 5,500‑square‑foot lot; 40‑year recertification process underway
