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Multifamily Property Rental Opportunity

3050 NW 26th St Miami, FL 33142

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Rental property in near rent-ready condition, strong return potential.

Type:Multifamily
Property size:
2,610 SF
Price / SF:
$260.54/SF
Added:
Feb 26, 2026
Days on Market:
137
Last Refresh:
Jun 29 at 1:58 am

Property Features for 3050 NW 26th St

General Information

Standard status
Active
Size
2,610 SF
Property subtype
Multifamily

Building Details

Year Built
1971

Listing office Beycome of Florida LLC

Listing date Feb 26, 2026

Source Crexi

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 Beycome of Florida LLC


Investment Insights

Based on property information with market context.

This multifamily property presents a rental opportunity requiring minimal work. The property is in near rent-ready condition and is located in an established rental market, potentially offering a strong return. It may be suitable for investors or portfolio builders looking to deploy capital efficiently. The property size is 2610 square feet.

Key Highlights

  • Strong return potential in an established rental market.
  • Minimal work needed.
  • Near rent‑ready condition.

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 $94.0k $36.00
− Vacancy −$6.3k −$2.41
EGI $87.7k $33.59
− OpEx −$39.4k −$15.11
NOI $48.2k $18.47
2,610 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$688.8K
$602.7K – $803.6K (±1% cap)
NOI $48,216 @ 7.0% cap · market cap 7.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.76M
$1.54M – $2.06M (±1% cap)
NOI $123,324 @ 7.0% cap · market cap 18.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant Butcher Mobile Phone Store Grocery & Convenience Store Tattoo & Piercing Shop Tanning Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Multifamily property - Rental property in near rent-ready condition, strong return potential.
Where is this multifamily property located?
The property is located at 3050 NW 26th St Miami, FL.
What is the asking price?
The asking price for this property is $679,999.
What are key features of this property?
This property features: Strong return potential in an established rental market.; Minimal work needed.; Near rent‑ready condition.
Contact an agent
(804) 656-5007 Call to check price and availability
More about this property
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