Four-Unit Multifamily
210 SW 13th Avenue Miami, FL 33135
210 SW 13th Avenue, Miami, FL, 33135
$624,900
For Sale
$624,900
As-is sale of a four-unit multifamily property with occupants in place at closing.
Property Size1,860 SF
Price / SF$335.97
Days on Market22
Property Features for 210 SW 13th Avenue
General Information
- Standard status
- Active
- Size
- 1,860 SF
- Property subtype
- Triplex
Building Details
- Year Built
- 1925
Listing agency
Genstone Realty
(305) 974-1801
Listed by
Veronica Crego-Flores · License #3442761
(305) 974-1801
Source
Lehmannflorida
Added: Jun 30 Updated: Jul 20 at 3:04AM Checked: Jul 21 at 3:17AM
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 Genstone Realty
Investment Insights
Based on property information with market context.
This property is currently configured as a four-unit multifamily building, though it is described as a triplex in the existing configuration records provided. The sale is being offered as-is with occupants in place, and the buyer will assume responsibility for the existing occupancy after closing. Buyers are encouraged to conduct their own due diligence regarding the property’s current configuration, zoning, and permitting.
The property is located at 210 SW 13th Avenue in Miami, Florida 33135. The listed property size is 1,860 square feet.
Given the as-is nature of the offering and the need for independent verification of configuration, zoning, and permitting, interested parties should plan their due diligence accordingly before proceeding.
The property is located at 210 SW 13th Avenue in Miami, Florida 33135. The listed property size is 1,860 square feet.
Given the as-is nature of the offering and the need for independent verification of configuration, zoning, and permitting, interested parties should plan their due diligence accordingly before proceeding.
Key Highlights
- 1925‑built triplex currently configured as a four‑unit multifamily property
- As‑is sale with occupants in place at closing; buyer assumes responsibility for existing occupancy after closing
- Buyer encouraged to conduct due diligence on current configuration, zoning, and permitting
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 | $56.9k | $30.60 |
| − Vacancy | −$3.6k | −$1.95 |
| EGI | $53.3k | $28.65 |
| − OpEx | −$16.0k | −$8.60 |
| NOI | $37.3k | $20.06 |
1,860 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$532.9K
$466.3K – $621.7K
NOI $37,303 @ 7.0% cap · market cap 5.97%
Second Best
Apartment 5plus
$490.9K
$429.5K – $572.7K
NOI $34,361 @ 7.0% cap · market cap 5.50%
Theoretical Best
Specialty Retail
$1.26M
$1.10M – $1.46M
NOI $87,886 @ 7.0% cap · market cap 14.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - As-is sale of a four-unit multifamily property with occupants in place at closing.
Where is this quadplex located?
The property is located at 210 SW 13th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $624,900.
What are key features of this property?
This property features: 1925‑built triplex currently configured as a four‑unit multifamily property; As‑is sale with occupants in place at closing; buyer assumes responsibility for existing occupancy after closing; Buyer encouraged to conduct due diligence on current configuration, zoning, and permitting
