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    5-Unit Multifamily Investment Property Title is generated by Realmo AI

    2110 NW 24th St, Miami, FL 33142

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    Claim this Listing
    For Sale
    $895,000

    MULTI_FAMILY - Other - Miami, FL

    Property size:
    2,508 SF
    Price / SF:
    $356/SF
    Added:
    Apr 23, 2026
    Days on Market:
    70
    Last Refresh:
    Jul 1 at 10:06 am

    Property Features for 2110 NW 24th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    1
    Rooms
    Bedroom 1, Bathroom 1
    Parking
    5
    Standard status
    Active
    APN
    01-31-27-029-0040
    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

    Utilities

    Sewer type
    Public Sewer
    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1956
    Floors in Building
    1
    Building materials
    Block
    Roof type
    Concrete
    Architectural style
    Other

    We can help!

    Contact an agent
    Antonio Cristobal
    Antonio Cristobal

    Listing agent Antonio Cristobal License #3253230

    Listing office Real Estate Sales Force 814 Ponce De Leon Blvd Suite 503, Coral Gables, FL

    Listing date Apr 23, 2026

    MLS# A12006473 Listing URL

    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.

    HighLights

    • 5‑unit multifamily property in Miami with all units configured as 1 bed / 1 bath
    • 100% occupied property with existing rental income
    • Recently completed 40‑year recertification, reducing immediate capital expenditures for a new owner
    • Built in 1956 with block construction and a concrete roof
    • Each unit is cooled with wall/window unit(s)
    • Served by public sewer

    Overview

    This for-sale multifamily property consists of five units, with all residences configured as one bedroom and one bathroom. The building is reported to be 100% occupied. The property has also recently completed its 40-year recertification, which may reduce immediate capex needs for a new owner.

    Located in Miami-Dade County, the asset is described as centrally located with access to major highways, public transportation, and employment centers, supporting convenient day-to-day access for residents.

    The property’s unit mix may appeal to buyers seeking a small, efficiently managed residential income asset with consistent occupancy. For buyers looking for broader scale, this 5-unit offering is also available as part of a 10-unit portfolio that includes 2100 and 2110 NW 24 ST, either as an individual purchase or together.

    Local 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 (±1% cap)
    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 (±1% cap)
    NOI $118,504 @ 7.0% cap · market cap 13.24%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.229853
    Latitude
    25.798924

    FAQs

    What type of property is this?
    Apartment building - 5 one-bedroom units are currently occupied, with recent 40-year recertification completed for the next owner.
    Where is this apartment building located?
    The property is located at 2110 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 multifamily property in Miami with all units configured as 1 bed / 1 bath; 100% occupied property with existing rental income; Recently completed 40‑year recertification, reducing immediate capital expenditures for a new owner
    More about this property
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