Two-Unit Residential Income
1260 Southwest 10th Street Miami, FL 33135
1260 Southwest 10th Street, Miami, FL, 33135
$480,000
Pending
For Sale
$480,000
Pending
Two 2-bedroom, 1-bath units make up this residential income duplex near Little Havana.
Property Size2,262 SF
Days on Market43
Property Features for 1260 Southwest 10th Street
General Information
- Standard status
- Pending
- Size
- 2,262 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1924
Listing agency
NuFront International Realty
(305) 988-2200
Listed by
Raul Gonzalez · License #3387917
(305) 988-2200
Source
Compass
Added: Jun 10 Updated: Jul 21 at 10:41PM Checked: Jul 21 at 10:41PM
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 NuFront International Realty
Investment Insights
Based on property information with market context.
This for-sale residential income property consists of two 2-bedroom, 1-bath units, configured as a duplex. The available materials indicate photographs have been virtually staged, and any furniture shown is for illustrative purposes only.
The property is located near Historic Calle Ocho and within blocks of Domino Park. It also sits close to major travel routes including I-95, with access to Miami International Airport, as well as nearby dining, shopping, and entertainment.
With two separate residential units, the property provides a straightforward duplex structure for buyers seeking multi-unit ownership.
The property is located near Historic Calle Ocho and within blocks of Domino Park. It also sits close to major travel routes including I-95, with access to Miami International Airport, as well as nearby dining, shopping, and entertainment.
With two separate residential units, the property provides a straightforward duplex structure for buyers seeking multi-unit ownership.
Key Highlights
- Multifamily duplex built in 1924
- Two units total: each unit has 2 bedrooms and 1 bathroom
- Located near Historic Calle Ocho in Little Havana
Local Financial Insights For Apartment 5plus
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 | $81.4k | $36.00 |
| − Vacancy | −$5.5k | −$2.41 |
| EGI | $76.0k | $33.59 |
| − OpEx | −$34.2k | −$15.11 |
| NOI | $41.8k | $18.47 |
2,262 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$648.1K
$567.1K – $756.1K
NOI $45,366 @ 7.0% cap · market cap 9.45%
Second Best
Apartment 5plus
$597.0K
$522.3K – $696.5K
NOI $41,787 @ 7.0% cap · market cap 8.71%
Theoretical Best
Specialty Retail
$1.53M
$1.34M – $1.78M
NOI $106,881 @ 7.0% cap · market cap 22.27%
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 - Two 2-bedroom, 1-bath units make up this residential income duplex near Little Havana.
Where is this duplex located?
The property is located at 1260 Southwest 10th Street Miami, FL.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Multifamily duplex built in 1924; Two units total: each unit has 2 bedrooms and 1 bathroom; Located near Historic Calle Ocho in Little Havana
