Quadplex with In-Law
New
For Sale
$650,000
2105 NW 1st St, Miami, FL 33125
Residential Income, Miami, FL
Property Size2,220 SF
Price / SF$292.79
Days on Market5
Property Features for 2105 NW 1st St
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Zoning description
5700
Bedrooms
4
Full bathrooms
6
Rooms
Bedroom 1, Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 1, Bedroom 3, Bathroom 4, Bedroom 2
Parking
3
Subdivision
SUPERIOR PARK
Lot features
< 1/4 Acre
Special listing conditions
Real Estate Owned, In Foreclosure
Standard status
Active
APN
01-41-03-009-0460
Size
2,220 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
SUPERIOR PARK PB 4-99 W43FT OF LOTS 11 & 12 BLK 3 LOT SIZE 43 X 104
Tax Annual Amount
9068
Legal Description
SUPERIOR PARK PB 4-99 W43FT OF LOTS 11 & 12 BLK 3 LOT SIZE 43 X 104
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace
Cooling system
Wall/Window Unit(s), Window Unit(s)
Building Details
Year built
1925
Floors in Building
2
Flooring type
Tile - Ceramic
Building materials
Block, Frame, Stucco
Roof type
Concrete, Composition
Architectural style
Other
Buildings
2
Listing Agency:
Principal Realty Inc.
(305) 558-5211
Listed By:
Patricia Orsini · License #0340225
(305) 582-7816
Added: Oct 31
Changed: Nov 1
Last Checked: Nov 4 at 9:06AM
MLS# A12115869
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.
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Investment Insights
Based on property information with market context.
This 2,220-square-foot quadplex comprises a two-story building and a one-story building, each with an in-law quarter. The two-story residence has a living, kitchen, and dining area plus a full bathroom on the first floor, with two bedrooms and another full bathroom upstairs. Its west-side in-law quarter includes a wet area and full bathroom. The one-story residence offers two bedrooms, two bathrooms, and a combined living and dining area; its west-side in-law quarter also has a wet area and full bathroom. Ceramic flooring is noted in both in-law quarters, while the main one-story residence has wood flooring with ceramic in wet areas.
The property is in Miami’s Little Havana area, near Miami International Airport and Miami Freedom Park. LoanDepot Park is approximately 5 to 10 minutes away. On-site parking is available.
The property is in Miami’s Little Havana area, near Miami International Airport and Miami Freedom Park. LoanDepot Park is approximately 5 to 10 minutes away. On-site parking is available.
Key Highlights
- Quadplex totaling 2,220 square feet across two buildings
- Two‑story building with two bedrooms, two full bathrooms, and a separate in‑law quarter
- One‑story residence with two bedrooms, two bathrooms, and a separate in‑law quarter
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,523
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$890,460
$890.5K
Cap Rate 7%
$636,043
$636.0K
Cap Rate 9%
$494,700
$494.7K
Market Conditions
NOI Build-Up for 2,220 SF
Gross rent
$67.9K $30.60/SF
− Vacancy
−$4.3K −$1.95/SF
EGI
$63.6K $28.65/SF
− OpEx
−$19.1K −$8.60/SF
NOI
$44.5K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$890,460
Cap Rate 7%
$636,043
Cap Rate 9%
$494,700
Alternative Uses
Best Use
Multifamily LT 5
$636.0K
$556.5K – $742.1K
NOI $44,523 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$585.9K
$512.6K – $683.5K
NOI $41,011 @ 7.0% cap · market cap 6.31%
Theoretical Best
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $104,896 @ 7.0% cap · market cap 16.14%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
3,649
Businesses Nearby
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Business Placement
Demographics for 33125, FL
53,507
Population
22,496
Households
2.4
Avg Household Size
43
Median Age
22%
College-Educated
69%
High-School Grad
3.9 sq mi
ZIP Area
13,720
Density / Sq Mi
$40,940
Median Household Income
$30,648
Median Earnings
$1,427
Median Rent
$377,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Two buildings combine residential layouts with additional in-law quarters and on-site parking.
Where is this quadplex located?
The property is located at 2105 NW 1st St Miami, FL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Quadplex totaling 2,220 square feet across two buildings; Two‑story building with two bedrooms, two full bathrooms, and a separate in‑law quarter; One‑story residence with two bedrooms, two bathrooms, and a separate in‑law quarter
