Fully Renovated 10-Unit Apartment
For Sale
$2,500,000
1630 SW 10th St, Miami, FL 33135
MULTI_FAMILY - Other - Miami, FL
Property Size6,207 SF
Price / SF$402.77
Days on Market20
Property Features for 1630 SW 10th St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
0100
Bedrooms
14
Full bathrooms
8
Rooms
Bathroom 6, Bedroom 7, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 14, Bedroom 13, Bedroom 8, Bathroom 5, Bedroom 2, Bedroom 11, Bathroom 8, Bedroom 10, Bedroom 3, Bedroom 12, Bedroom 5, Bedroom 9, Bathroom 1, Bathroom 3, Bathroom 7, Bathroom 4, Bedroom 1
Subdivision
SHENANDOAH
Lot features
< 1/4 Acre
Standard status
Active
APN
01-41-10-063-0650
Size
6,207 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
10 11 54 41 SHENANDOAH PB 8-90 LOT 9 BLK 5 LOT SIZE 50.000 X 118 OR 20575-3281 07 2002 1
Tax Annual Amount
33334
Legal Description
10 11 54 41 SHENANDOAH PB 8-90 LOT 9 BLK 5 LOT SIZE 50.000 X 118 OR 20575-3281 07 2002 1
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Water source
Public
Building Details
Year built
1922
Floors in Building
2
Flooring type
Vinyl
Building materials
Block
Roof type
Flat
Architectural style
Other
Listing Agency:
Real Estate Sales Force
(305) 392-1497
Listed By:
Keith Terrel · License #3379396
(786) 469-1718
Added: Jul 18
Changed: Aug 2
Last Checked: Aug 6 at 1:06AM
MLS# A11959197
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Fully renovated 10-unit apartment building featuring 6 two-bedroom, 1-bath units and 4 one-bedroom, 1-bath units. The units have been updated with modern finishes, including renovated kitchens and bathrooms, and the property includes a brand-new roof. Flooring is listed as vinyl, and the building is described as block construction with a flat roof.
The property was built in 1922 and is served by public water and public sewer. Heating and cooling are listed as electric.
This configuration supports a straightforward rental lineup with established unit counts across both two-bedroom and one-bedroom layouts.
The property was built in 1922 and is served by public water and public sewer. Heating and cooling are listed as electric.
This configuration supports a straightforward rental lineup with established unit counts across both two-bedroom and one-bedroom layouts.
Key Highlights
- 10 total units: 6 two‑bedroom 1‑bath and 4 one‑bedroom 1‑bath
- Brand‑new roof and fully renovated interiors with updated kitchens and bathrooms
- Block construction with a flat roof
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 | $223.5k | $36.00 |
| − Vacancy | −$15.0k | −$2.41 |
| EGI | $208.5k | $33.59 |
| − OpEx | −$93.8k | −$15.11 |
| NOI | $114.7k | $18.47 |
6,207 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.64M
$1.43M – $1.91M
NOI $114,664 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.19M
$3.67M – $4.89M
NOI $293,284 @ 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
10
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,356
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully renovated 10-unit apartment building with a mix of 2-bedroom and 1-bedroom units and electric HVAC, fully occupied.
Where is this apartment building located?
The property is located at 1630 SW 10th St Miami, FL.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 10 total units: 6 two‑bedroom 1‑bath and 4 one‑bedroom 1‑bath; Brand‑new roof and fully renovated interiors with updated kitchens and bathrooms; Block construction with a flat roof
