18-Unit Apartment
New
For Sale
$5,300,000
140 SW 30th Ct, Miami, FL 33135
Each residence includes a private backyard, with dedicated parking assigned to every unit.
Property Size8,270 SF
Price / SF$640.87
Days on Market6
Property Features for 140 SW 30th Ct
General Information
Standard status
Active
Size
8,270 SF
Total Parking Spaces
20
Property subtype
Commercial
Zoning
6107
Site & Location
Neighborhood
Auburndale
Units
Unit Mix
18 x 1BR/1BA
Multifamily Units
18
Parking per Unit
1
Additional Details
Tenant in Place
Yes
Building Details
Building Size
8,270 SF
Year Built
1953
Buildings
1
Stories
1
Units
18
Listing Agency:
Douglas Elliman
(305) 695-6060
Listed By:
Miguel Solis · License #0624178
(305) 343-9554
Source:
Futureoptionrealty
Added: Oct 23
Changed: Oct 26
Last Checked: Oct 26 at 4:10AM
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 Douglas Elliman
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Investment Insights
Based on property information with market context.
Built in 1953, this 18-unit apartment property at 140 SW 30th Ct in Miami comprises first-floor residences, each with one bedroom and one bathroom. Interior layouts include living and dining areas, a galley kitchen, and a large bedroom; each unit also has a private backyard. Dedicated parking is assigned to every residence.
An adjacent fourplex at 3080 SW 1st Street is separately available for purchase. Showings at the apartment property are by appointment, and tenants should not be disturbed.
An adjacent fourplex at 3080 SW 1st Street is separately available for purchase. Showings at the apartment property are by appointment, and tenants should not be disturbed.
Key Highlights
- 18 first‑floor apartments, each configured with 1 bedroom and 1 bathroom
- Living room, dining area, galley kitchen, and large bedroom in each unit
- Private backyard space for every residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$152,775
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,055,500
$3.1M
Cap Rate 7%
$2,182,500
$2.2M
Cap Rate 9%
$1,697,500
$1.7M
Market Conditions
NOI Build-Up for 8,270 SF
Gross rent
$297.7K $36.00/SF
− Vacancy
−$19.9K −$2.41/SF
EGI
$277.8K $33.59/SF
− OpEx
−$125.0K −$15.11/SF
NOI
$152.8K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,055,500
Cap Rate 7%
$2,182,500
Cap Rate 9%
$1,697,500
Alternative Uses
Best Use
Apartment 5plus
$2.18M
$1.91M – $2.55M
NOI $152,775 @ 7.0% cap · market cap 2.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.58M
$4.88M – $6.51M
NOI $390,761 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
18
Residential units
Location Intelligence
Trade Area within ½ mile
2,487
Businesses Nearby
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Business Placement
Demographics for 33135, FL
36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Each residence includes a private backyard, with dedicated parking assigned to every unit.
Where is this apartment building located?
The property is located at 140 SW 30th Ct Miami, FL.
What is the asking price?
The asking price for this property is $5,300,000.
What are key features of this property?
This property features: 18 first‑floor apartments, each configured with 1 bedroom and 1 bathroom; Living room, dining area, galley kitchen, and large bedroom in each unit; Private backyard space for every residence
