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315 Southwest 10th Avenue, Miami, FL, 33130
Duplex with Detached Unit

315 Southwest 10th Avenue Miami, FL 33130

For Sale
$630,000

Duplex with a detached 2-bedroom, 1-bath unit and an attached 3-bedroom, 1-bath main house, sold as-is.

Property Size1,938 SF
Price / SF$325.08
Days on Market88

Property Features for 315 Southwest 10th Avenue

General Information

Standard status
Active
Size
1,938 SF
Property subtype
Multi-Family Income / Duplex

Building Details

Year Built
1920
Listing Agency: RE/MAX 360 Real Estate
Listed By: Toni Keel · License #0191108
Source: Compass
Added: Apr 27 Changed: Jul 20 Last Checked: Jul 23 at 7:36AM

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 RE/MAX 360 Real Estate


Investment Insights

Based on property information with market context.

This duplex includes a 3-bedroom, 1-bath main house plus a detached 2-bedroom, 1-bath unit. The property is offered for sale as-is, with no interior access until terms and conditions are agreed upon in a fully executed contract. Please do not walk the property.

The property is located at 315 Southwest 10th Avenue in Miami, Florida 33130. The public remarks note the location is within an Opportunity Zone.

The duplex configuration provides two separate residential units under one ownership, consisting of three bedrooms and one bath in the main house and two bedrooms and one bath in the detached unit.

Key Highlights

  • Duplex with attached 3‑bedroom, 1‑bath main house plus a detached 2‑bedroom, 1‑bath unit
  • Built in 1920
  • Sold as‑is; cash or hard money loan

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 $59.3k $30.60
− Vacancy −$3.8k −$1.95
EGI $55.5k $28.65
− OpEx −$16.7k −$8.60
NOI $38.9k $20.06
1,938 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$555.3K
$485.9K – $647.8K (±1% cap)
NOI $38,868 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$511.4K
$447.5K – $596.7K (±1% cap)
NOI $35,801 @ 7.0% cap · market cap 5.68%
Theoretical Best
Specialty Retail
$1.31M
$1.14M – $1.53M (±1% cap)
NOI $91,571 @ 7.0% cap · market cap 14.54%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Carpet & Flooring Store Butcher Restaurant Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Adult Day Care Tanning Salon

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

FAQs

What type of property is this?
Duplex - Duplex with a detached 2-bedroom, 1-bath unit and an attached 3-bedroom, 1-bath main house, sold as-is.
Where is this duplex located?
The property is located at 315 Southwest 10th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: Duplex with attached 3‑bedroom, 1‑bath main house plus a detached 2‑bedroom, 1‑bath unit; Built in 1920; Sold as‑is; cash or hard money loan
More about this property
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