2610 NW 23rd Ave Miami, FL 33142
MULTI_FAMILY - Other - Miami, FL
Property Features for 2610 NW 23rd Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Rooms
- Bathroom 4, Bathroom 1, Bathroom 5, Bathroom 6, Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 7
- Parking
- 6
- Standard status
- Active
- APN
- 01-31-27-026-0370
- Size
- 5,327 SF
- Lot size
- 11,040.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- WESTHAVEN PB 6-95 LOT 17 BLK 2 LOT SIZE 5520 SQUARE FEET OR 14149-2878 0689 4 COC 21951-0812 12 2003 2
- Tax Annual Amount
- 12993
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1926
- Floors in Building
- 2
- Flooring type
- Tile
- Building materials
- Block
- Architectural style
- Other
Listing agent Yilena Mendoza License #3303361 (786) 442-7626
Listing office Julies Realty, LLC 1700 Kennedy Causeway, North Bay Village, FL (305) 751-6400
Listing date Feb 6, 2026
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.
Investment Insights
Based on property information with market context.
The property is located at 2610 NW 23rd Ave in Miami’s Allapattah neighborhood. It sits on the NW 27th Avenue corridor, immediately west of the Wynwood Arts District, with access to SR-836, I-95, and the Airport Expressway. The listed adjacent lot is zoned T4-R.
For buyers and operators, the existing rental mix and individually metered utilities support straightforward tenant-by-tenant expense allocation. The included adjacent T4-R zoned land provides space to plan for potential redevelopment or site expansion while retaining the current income-producing structure.
Key Highlights
- Income‑producing 5‑unit multifamily building with four 1 bed/1 bath units and one 4 bed/3 bath unit
- Four 1‑bedroom/1‑bath and one 4‑bedroom/3‑bath layout with separate utility meters for water, electricity, and gas
- Two contiguous lots totaling 11,040 SF, with adjacent land parcel A11959678 (separate folio)
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 | $191.8k | $36.00 |
| − Vacancy | −$12.8k | −$2.41 |
| EGI | $178.9k | $33.59 |
| − OpEx | −$80.5k | −$15.11 |
| NOI | $98.4k | $18.47 |
