Remodeled Two-Unit
2560 SW 10 Street, Miami, FL 33135
For Sale
New
$899,000
Both residences include in-unit laundry, refreshed bathrooms and wood flooring, with separate parking for each household.
Property Size1,960 SF
Lot Size0.12 Acres
Price / SF$458.67
Days on Market7
Property Features for 2560 SW 10 Street
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Financials
Gross Income
Average Monthly Rent
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Parking per Unit
Additional Details
Tenant in Place
Amenities
washer/dryer
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Cesar D De La Flor · License #0674796
(305) 979-3151
Source:
Lehmannflorida
Added: Nov 1
Changed: Nov 6
Last Checked: Nov 6 at 9:31AM
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 United Realty Group Inc
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Investment Insights
Based on property information with market context.
This Miami duplex contains two residences totaling 1,960 square feet: a three-bedroom, one-bath unit and a three-bedroom, two-bath unit. Interior work completed approximately four years ago included wood flooring and bathroom updates. Each residence has its own washer and dryer, and the property provides two parking spaces per unit. The building dates to 1947 and sits on a 5,300-square-foot lot.
The property is two blocks from Calle Ocho and a short drive from Brickell. Nearby destinations named in the listing include Versailles, Café La Trova, El Exquisito, Azucar Ice Cream, Tower Theater and Ball & Chain. Both units are occupied on month-to-month arrangements.
The property is two blocks from Calle Ocho and a short drive from Brickell. Nearby destinations named in the listing include Versailles, Café La Trova, El Exquisito, Azucar Ice Cream, Tower Theater and Ball & Chain. Both units are occupied on month-to-month arrangements.
Key Highlights
- Two residences: one with 3 bedrooms and 1 bath, the other with 3 bedrooms and 2 baths
- 1,960‑square‑foot duplex on a 5,300‑square‑foot lot
- Each unit has a washer and dryer, wood flooring and updated bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,309
Cap Rate
4.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$786,180
$786.2K
Cap Rate 7%
$561,557
$561.6K
Cap Rate 9%
$436,767
$436.8K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$60.0K $30.60/SF
− Vacancy
−$3.8K −$1.95/SF
EGI
$56.2K $28.65/SF
− OpEx
−$16.8K −$8.60/SF
NOI
$39.3K $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%
$786,180
Cap Rate 7%
$561,557
Cap Rate 9%
$436,767
Alternative Uses
Best Use
Multifamily LT 5
$561.6K
$491.4K – $655.2K
NOI $39,309 @ 7.0% cap · market cap 4.37%
Second Best
Apartment 5plus
$517.3K
$452.6K – $603.5K
NOI $36,208 @ 7.0% cap · market cap 4.03%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.54M
NOI $92,611 @ 7.0% cap · market cap 10.30%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Multi-tenant
Tenancy
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 Duplexes in Miami, FL
Properties on Market for Duplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include in-unit laundry, refreshed bathrooms and wood flooring, with separate parking for each household.
Where is this duplex located?
The property is located at 2560 SW 10 Street Miami, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Two residences: one with 3 bedrooms and 1 bath, the other with 3 bedrooms and 2 baths; 1,960‑square‑foot duplex on a 5,300‑square‑foot lot; Each unit has a washer and dryer, wood flooring and updated bathrooms
