Multifamily Property with Multiple Living
2484 SW 10th Street, Miami, FL 33135
For Sale
$1,349,000
Multiple living spaces provide a flexible multifamily configuration near major roads and public transportation.
Property Size3,324 SF
Lot Size0.15 Acres
Price / SF$452.68
Days on Market50
Property Features for 2484 SW 10th Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Site & Location
Neighborhood
Public Transit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Listing Agency:
Property Pro Partners, LLC.
Listed By:
Camila Pelaez Mejia
(575) 921-1023
Source:
Laerrealty
Added: Sep 22
Changed: Oct 26
Last Checked: Nov 10 at 5:23AM
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 Property Pro Partners, LLC.
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Investment Insights
Based on property information with market context.
This multifamily property offers approximately 2,980 SF of living area on a 6,720 SF lot. Multiple living spaces create a versatile interior configuration, while the building’s 1948 construction date provides important context for evaluating the asset. Zoning is identified as 3900.
The property is located at 2484 SW 10th Street in Miami, near major roads, Downtown Miami, Brickell, Coral Gables, shopping, dining, and public transportation. Its Miami location and multifamily layout establish the primary physical and access characteristics of the offering.
The property is located at 2484 SW 10th Street in Miami, near major roads, Downtown Miami, Brickell, Coral Gables, shopping, dining, and public transportation. Its Miami location and multifamily layout establish the primary physical and access characteristics of the offering.
Key Highlights
- Approximately 2,980 SF of living area
- 6,720 SF lot
- Multiple living spaces with a versatile layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,051
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,020
$1.1M
Cap Rate 7%
$786,443
$786.4K
Cap Rate 9%
$611,678
$611.7K
Market Conditions
NOI Build-Up for 2,980 SF
Gross rent
$107.3K $36.00/SF
− Vacancy
−$7.2K −$2.41/SF
EGI
$100.1K $33.59/SF
− OpEx
−$45.0K −$15.11/SF
NOI
$55.1K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,101,020
Cap Rate 7%
$786,443
Cap Rate 9%
$611,678
Alternative Uses
Best Use
Apartment 5plus
$786.4K
$688.1K – $917.5K
NOI $55,051 @ 7.0% cap · market cap 4.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.01M
$1.76M – $2.35M
NOI $140,806 @ 7.0% cap · market cap 10.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,251
Businesses Nearby
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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
$396,700
Median Home Value
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Market
Average Price Trend$/SF for Multifamily properties in Miami, FL
Properties on Market for Multifamily properties in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Multiple living spaces provide a flexible multifamily configuration near major roads and public transportation.
Where is this multifamily property located?
The property is located at 2484 SW 10th Street Miami, FL.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: Approximately 2,980 SF of living area; 6,720 SF lot; Multiple living spaces with a versatile layout
