5-Unit Apartment
For Sale
$895,000
2100 NW 24th St, Miami, FL 33142
MULTI_FAMILY - Other - Miami, FL
Property Size2,508 SF
Price / SF$356.86
Days on Market106
Property Features for 2100 NW 24th St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
3900
Bedrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Bedroom 1
Parking
5
Subdivision
ALLAPATTAH HIGHLANDS ADDN
Lot features
< 1/4 Acre
Standard status
Active
APN
01-31-27-029-0050
Size
2,508 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
27 53 41 PB 42-5 ALLAPATTAH HIGHLANDS ADD 2ND REV LOT 15 BLK 2 LOT SIZE 7148 SQUARE FEET OR 15050-3783 0591 2
Tax Annual Amount
12113
Legal Description
27 53 41 PB 42-5 ALLAPATTAH HIGHLANDS ADD 2ND REV LOT 15 BLK 2 LOT SIZE 7148 SQUARE FEET OR 15050-3783 0591 2
Utilities
Sewer type
Public Sewer
Cooling system
Window Unit(s), Wall/Window Unit(s)
Building Details
Year built
1956
Floors in Building
1
Building materials
Block
Roof type
Concrete
Architectural style
Other
Listing Agency:
Real Estate Sales Force
(305) 392-1497
Listed By:
Antonio Cristobal · License #3253230
(786) 457-3211
Added: Apr 23
Changed: Aug 2
Last Checked: Aug 6 at 3:06AM
MLS# A12006450
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.
This 5-unit apartment building is fully occupied and offers a consistent unit mix with all units configured as one bedroom and one bathroom. The property recently completed its 40-year recertification, helping reduce immediate capital expenditures for a new owner.
Built in 1956, the building is constructed of block and has a concrete roof. Cooling is provided by window unit(s) and wall/window units. Public sewer services the property. Located at 2100 NW 24th St in Miami (Miami-Dade County), it offers easy access to major highways, public transportation, and employment centers.
The property is also available as part of a 10-unit portfolio that includes 2100 & 2110 NW 24 ST, or it can be purchased individually.
Built in 1956, the building is constructed of block and has a concrete roof. Cooling is provided by window unit(s) and wall/window units. Public sewer services the property. Located at 2100 NW 24th St in Miami (Miami-Dade County), it offers easy access to major highways, public transportation, and employment centers.
The property is also available as part of a 10-unit portfolio that includes 2100 & 2110 NW 24 ST, or it can be purchased individually.
Key Highlights
- 5‑unit apartment building with 100% occupancy
- All units are 1 bedroom and 1 bathroom
- Recently completed 40‑year recertification
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 | $90.3k | $36.00 |
| − Vacancy | −$6.0k | −$2.41 |
| EGI | $84.2k | $33.59 |
| − OpEx | −$37.9k | −$15.11 |
| NOI | $46.3k | $18.47 |
2,508 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$661.9K
$579.1K – $772.2K
NOI $46,331 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.69M
$1.48M – $1.98M
NOI $118,504 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,696
Businesses Nearby
Explore this area
Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Block 5-unit building with all 1-bedroom, 1-bath units and window/wall AC, 100% occupied.
Where is this apartment building located?
The property is located at 2100 NW 24th St Miami, FL.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 5‑unit apartment building with 100% occupancy; All units are 1 bedroom and 1 bathroom; Recently completed 40‑year recertification
