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Multifamily Property with Five Units
For Sale
$849,995
Pending

3040 Northwest 93rd Street, Miami, FL 33147

Five-unit multifamily with month-to-month tenancies, mix of 1-, 2-, and 3-bedroom layouts, plus trailer.

Property Size4,339 SF
Lot Size0.30 Acres
Days on Market79

Property Features for 3040 Northwest 93rd Street

General Information

Standard status Pending
Size 4,339 SF
Lot size 0.30 Acres
Property subtype Multi-Family Income / Triplex
Occupancy 100%

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $16,200

Building Details

Year Built 1925
Tenancy Multi
Listing Agency: Compass Florida, LLC
Listed By: Brittany Saenz · License #3569377
Source: Compass
Added: Jun 18 Changed: Sep 4 Last Checked: Aug 28 at 6:59PM

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 Compass Florida, LLC

Investment Insights

Based on property information with market context.

This multifamily income property offers a total of 9 bedrooms and 6 bathrooms across 5 nonconforming units under one folio. The configuration includes a spacious 3-bedroom main residence, two 2-bedroom units, and two 1-bedroom units, along with a trailer. The property is presented as a 4,339 SF building on a 13,044 SF lot. All units are currently rented on a month-to-month basis.

The property is located at 3040 NW 93rd St in Miami, FL 33147. It is zoned for up to 9 units, and the oversized lot provides space for additional construction and on-site parking.

Per the current rent roll information provided, projected rental income is supported by two fully rented units generating approximately $12,000 per month, including two renovated 1-bedroom units at $2,000 each, 2-bedroom units ranging from $2,000 to $2,500, a 3-bedroom unit at $3,000, and a trailer at $700.

Key Highlights

  • 4,339 SF multifamily built in 1925 on a 13,044 SF lot
  • 5 units plus a trailer; total of 9 bedrooms and 6 bathrooms
  • Unit mix includes a 3‑bedroom main residence, two 2‑bedroom units, and two 1‑bedroom units (plus trailer)

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Skin Care Clinic Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby

Demographics for 33147, FL

48,823
Population
16,220
Households
3
Avg Household Size
39
Median Age
15%
College-Educated
77%
High-School Grad
7.2 sq mi
ZIP Area
6,781
Density / Sq Mi
$47,728
Median Household Income
$33,385
Median Earnings
$1,359
Median Rent
$301,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit multifamily with month-to-month tenancies, mix of 1-, 2-, and 3-bedroom layouts, plus trailer.
Where is this apartment building located?
The property is located at 3040 Northwest 93rd Street Miami, FL.
What is the asking price?
The asking price for this property is $849,995.
What are key features of this property?
This property features: 4,339 SF multifamily built in 1925 on a 13,044 SF lot; 5 units plus a trailer; total of 9 bedrooms and 6 bathrooms; Unit mix includes a 3‑bedroom main residence, two 2‑bedroom units, and two 1‑bedroom units (plus trailer)
More about this property
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