Triplex with Detached Two-Story
New
For Sale
$795,000
2511 NW 24th St, Miami, FL 33142
Residential Income, Miami, FL
Property Size3,252 SF
Price / SF$244.46
Days on Market3
Property Features for 2511 NW 24th St
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
3900
Parking
4
Subdivision
CLAYTON HEIGHTS
Lot features
Flood Zone, < 1/4 Acre
Standard status
Active
APN
01-31-27-004-0251
Size
3,252 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
CLAYTON HGTS PB 21-10 LOT 29 BLK 1 LOT SIZE 7150 SQUARE FEET OR 20724-2578 10 2002 1
Tax Annual Amount
10301
Legal Description
CLAYTON HGTS PB 21-10 LOT 29 BLK 1 LOT SIZE 7150 SQUARE FEET OR 20724-2578 10 2002 1
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Building Details
Year built
1936
Floors in Building
1
Flooring type
Laminate, Terrazzo, Tile
Building materials
Block, Frame, Stucco
Roof type
Shingle
Listing Agency:
Home Wiz USA
(305) 644-6600
Listed By:
Tamara Reyes · License #3652864
(305) 389-3439
Added: Oct 15
Last Checked: Oct 17 at 10:06AM
MLS# A12107275
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 triplex property contains 3,252 square feet and includes a primary residence with a detached two-story building behind it. The 1936-built property has block, frame, and stucco construction, with tile, laminate, and terrazzo flooring. Central heating and central air are installed, with ceiling fans also present. The roof is shingle, and the property is served by public sewer; cable is available.
Key Highlights
- 3,252‑square‑foot triplex property
- Primary residence plus a detached two‑story building at the rear
- Built in 1936
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,221
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,304,420
$1.3M
Cap Rate 7%
$931,729
$931.7K
Cap Rate 9%
$724,678
$724.7K
Market Conditions
NOI Build-Up for 3,252 SF
Gross rent
$99.5K $30.60/SF
− Vacancy
−$6.3K −$1.95/SF
EGI
$93.2K $28.65/SF
− OpEx
−$28.0K −$8.60/SF
NOI
$65.2K $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%
$1,304,420
Cap Rate 7%
$931,729
Cap Rate 9%
$724,678
Alternative Uses
Best Use
Multifamily LT 5
$931.7K
$815.3K – $1.09M
NOI $65,221 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$858.2K
$750.9K – $1.00M
NOI $60,075 @ 7.0% cap · market cap 7.56%
Theoretical Best
Specialty Retail
$2.20M
$1.92M – $2.56M
NOI $153,658 @ 7.0% cap · market cap 19.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,074
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - The property includes a primary residence and a separate two-story building at the rear.
Where is this triplex located?
The property is located at 2511 NW 24th St Miami, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 3,252‑square‑foot triplex property; Primary residence plus a detached two‑story building at the rear; Built in 1936
