Remodeled Duplex with New
2510 NE 182nd Ter, North Miami Beach, FL 33160
For Sale
$799,000
Two rental units offer updated interiors, with tenants responsible for all utilities.
Property Size1,680 SF
Days on Market58
Property Features for 2510 NE 182nd Ter
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Highway Access
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Continuum Realty LLC
Listed By:
Daniel Prada · License FL #3283544
(954) 635-0576
Source:
Relinkre
Added: Sep 18
Changed: Nov 4
Last Checked: Nov 12 at 5:51PM
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 Continuum Realty LLC
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Investment Insights
Based on property information with market context.
This duplex contains two residential units, each configured with 2 bedrooms and 1 bathroom. The interiors have been remodeled, and the property includes a new roof plus a brand-new air conditioning unit in one apartment. Constructed in 1972, the building is suited to continued residential rental use.
The property is located near Aventura Mall and provides access to 163rd, 183rd, I-95, and 826. Tenants are responsible for all utilities, and both units share the same two-bedroom, one-bathroom layout.
The property is located near Aventura Mall and provides access to 163rd, 183rd, I-95, and 826. Tenants are responsible for all utilities, and both units share the same two-bedroom, one-bathroom layout.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit
- Remodeled interiors with contemporary finishes
- New roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,070
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,400
$521.4K
Cap Rate 7%
$372,429
$372.4K
Cap Rate 9%
$289,667
$289.7K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$50.8K $30.24/SF
− Vacancy
−$3.4K −$2.03/SF
EGI
$47.4K $28.21/SF
− OpEx
−$21.3K −$12.70/SF
NOI
$26.1K $15.52/SF
Area
Miami-Dade County, FL
Vacancy
6.70%
Lease Rate
$30.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$521,400
Cap Rate 7%
$372,429
Cap Rate 9%
$289,667
Alternative Uses
Best Use
Apartment 5plus
$372.4K
$325.9K – $434.5K
NOI $26,070 @ 7.0% cap · market cap 3.26%
Second Best
Multifamily LT 5
$281.8K
$246.6K – $328.7K
NOI $19,724 @ 7.0% cap · market cap 2.47%
Theoretical Best
Office A
$917.4K
$802.7K – $1.07M
NOI $64,218 @ 7.0% cap · market cap 8.04%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,721
Businesses Nearby
Explore this area
Business Placement
Demographics for 33160, FL
44,085
Population
33,749
Households
1.3
Avg Household Size
48
Median Age
49%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
10,019
Density / Sq Mi
$62,413
Median Household Income
$43,035
Median Earnings
$1,990
Median Rent
$360,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in Miami-Dade County, FL
Properties on Market for Duplexes in Miami-Dade County
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two rental units offer updated interiors, with tenants responsible for all utilities.
Where is this duplex located?
The property is located at 2510 NE 182nd Ter North Miami Beach, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each unit; Remodeled interiors with contemporary finishes; New roof
