Duplex Income
10841 NW 8th Ave Miami, FL 33168
New
10841 NW 8th Ave, Miami, FL, 33168
$579,000
For Sale
$579,000
For sale duplex income property with residential income potential in Miami, Florida.
Property Size2,010 SF
Price / SF$288.06
Days on Market6
Property Features for 10841 NW 8th Ave
General Information
- Standard status
- Active
- Size
- 2,010 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1974
Listing Agency
Beycome of Florida LLC
(804) 656-5007
Listed by
Steven Koleno · License #3469487
(804) 656-5007
Source
Riserealty
Added: Jul 13 Checked: Jul 17 at 3:13 am
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 Beycome of Florida LLC
Investment Insights
Based on property information with market context.
Offered for sale is a duplex income property suitable for residential income use. The property is classified as a multifamily asset, with the duplex configuration supporting an income-focused residential setup.
The address is 10841 NW 8th Ave, Miami, FL 33168. Prospective purchasers and brokers should confirm all details related to the specific unit configuration, operating history, and any applicable financing or insurance requirements during due diligence.
The address is 10841 NW 8th Ave, Miami, FL 33168. Prospective purchasers and brokers should confirm all details related to the specific unit configuration, operating history, and any applicable financing or insurance requirements during due diligence.
Key Highlights
- Duplex income property with residential income potential
- Built in 1974
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.5k | $30.60 |
| − Vacancy | −$3.9k | −$1.95 |
| EGI | $57.6k | $28.65 |
| − OpEx | −$17.3k | −$8.60 |
| NOI | $40.3k | $20.06 |
2,010 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$575.9K
$503.9K – $671.9K
NOI $40,312 @ 7.0% cap · market cap 6.96%
Second Best
Apartment 5plus
$530.5K
$464.2K – $618.9K
NOI $37,132 @ 7.0% cap · market cap 6.41%
Theoretical Best
Specialty Retail
$1.36M
$1.19M – $1.58M
NOI $94,973 @ 7.0% cap · market cap 16.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - For sale duplex income property with residential income potential in Miami, Florida.
Where is this duplex located?
The property is located at 10841 NW 8th Ave Miami, FL.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Duplex income property with residential income potential; Built in 1974
