9-Unit Apartment
For Sale
$2,250,000
333 SW 30th Road, Miami, FL 33129
The Miami property is near Brickell, Downtown Miami, Coconut Grove, and Coral Gables.
Property Size6,306 SF
Price / SF$356.80
Days on Market13
Property Features for 333 SW 30th Road
General Information
Standard status
Active
Size
6,306 SF
Property subtype
Residential Income
Zoning
0100
Site & Location
Neighborhood
Miami Avenue
Additional Details
Multifamily Units
9
Taxes and HOA fees
Annual Taxes
$29,981
Building Details
Building Size
6,306 SF
Year Built
1926
Stories
3
Listing Agency:
Compass Florida, LLC
Listed By:
Arthur Porosoff · License #3160379
(305) 209-8866
Source:
Laerrealty
Added: Oct 24
Changed: Nov 2
Last Checked: Nov 4 at 10:23AM
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
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Investment Insights
Based on property information with market context.
This 9-unit apartment property contains 6,306 square feet and dates to 1926. It is located in Miami’s Roads neighborhood, with zoning designation 0100.
Brickell, Downtown Miami, Coconut Grove, and Coral Gables are each described as minutes away. Major roadways, dining, shopping, and employment centers are also accessible from the property.
Brickell, Downtown Miami, Coconut Grove, and Coral Gables are each described as minutes away. Major roadways, dining, shopping, and employment centers are also accessible from the property.
Key Highlights
- 9‑unit multifamily property
- 6,306 square feet
- Built in 1926
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$116,493
Cap Rate
5.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,329,860
$2.3M
Cap Rate 7%
$1,664,186
$1.7M
Cap Rate 9%
$1,294,367
$1.3M
Market Conditions
NOI Build-Up for 6,306 SF
Gross rent
$227.0K $36.00/SF
− Vacancy
−$15.2K −$2.41/SF
EGI
$211.8K $33.59/SF
− OpEx
−$95.3K −$15.11/SF
NOI
$116.5K $18.47/SF
Area
Miami, FL
Vacancy
6.70%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,329,860
Cap Rate 7%
$1,664,186
Cap Rate 9%
$1,294,367
Alternative Uses
Best Use
Apartment 5plus
$1.66M
$1.46M – $1.94M
NOI $116,493 @ 7.0% cap · market cap 5.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.26M
$3.72M – $4.97M
NOI $297,961 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
1,583
Businesses Nearby
Explore this area
Business Placement
Demographics for 33129, FL
15,218
Population
8,275
Households
1.8
Avg Household Size
44
Median Age
68%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
10,870
Density / Sq Mi
$102,969
Median Household Income
$54,935
Median Earnings
$2,241
Median Rent
$573,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - The Miami property is near Brickell, Downtown Miami, Coconut Grove, and Coral Gables.
Where is this apartment building located?
The property is located at 333 SW 30th Road Miami, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 9‑unit multifamily property; 6,306 square feet; Built in 1926
