2893 Southwest 32nd Court Coconut Grove, FL 33133
Fully remodeled corner duplex with independent apartment and strong income potential.
Property Features for 2893 Southwest 32nd Court
General Information
- Standard status
- Active
- Size
- 2,132 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1953
Listing office Conde Realty (786) 816-2431
Listing date Mar 25, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Fully remodeled corner duplex with separate, independent apartment.
- Excellent income potential from rental units.
- Located in a highly desirable area.
Local Financial Insights For Multifamily LT 5
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 | $65.2k | $30.60 |
| − Vacancy | −$4.2k | −$1.95 |
| EGI | $61.1k | $28.65 |
| − OpEx | −$18.3k | −$8.60 |
| NOI | $42.8k | $20.06 |
