Three-Bedroom Residential Income
5817 NW 30th Ave Unit 5817, Miami, FL 33142
For Sale
Contact for pricing
Each residence includes in-unit laundry, impact windows, and two assigned parking spaces.
Property Size1,249 SF
Price / SF$2.48
Days on Market79
Property Features for 5817 NW 30th Ave Unit 5817
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Parking per Unit
Amenities
tankless water heater
in-unit laundry closet
impact windows
brand-new stainless steel appliances
Listing Agency:
Compass Florida, LLC
Listed By:
Bethany Martinez
(305) 851-2820
Source:
Gosenproperties
Added: Aug 24
Changed: Nov 10
Last Checked: Nov 10 at 8:08AM
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 residential income property offers units with three bedrooms and two bathrooms. Each residence has a tankless water heater, an in-unit laundry closet, impact windows, and stainless steel appliances. Two assigned parking spaces are provided per unit.
The property is minutes from Brickell, Downtown Miami, Wynwood, and Miami Beach, with access to dining, shopping, and entertainment in those areas.
The property is minutes from Brickell, Downtown Miami, Wynwood, and Miami Beach, with access to dining, shopping, and entertainment in those areas.
Key Highlights
- Three‑bedroom, two‑bathroom units
- Two assigned parking spaces per unit
- Tankless water heater and in‑unit laundry closet in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,073
Suggested Prices Based on Cap Rates
Cap Rate 5%
$461,460
$461.5K
Cap Rate 7%
$329,614
$329.6K
Cap Rate 9%
$256,367
$256.4K
Market Conditions
NOI Build-Up for 1,249 SF
Gross rent
$45.0K $36.00/SF
− Vacancy
−$3.0K −$2.41/SF
EGI
$42.0K $33.59/SF
− OpEx
−$18.9K −$15.11/SF
NOI
$23.1K $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%
$461,460
Cap Rate 7%
$329,614
Cap Rate 9%
$256,367
Alternative Uses
Best Use
Apartment 5plus
$329.6K
$288.4K – $384.6K
NOI $23,073 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$843.1K
$737.7K – $983.6K
NOI $59,016 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,215
Businesses Nearby
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Business Placement
Demographics for 33142, FL
55,425
Population
22,275
Households
2.5
Avg Household Size
39
Median Age
13%
College-Educated
69%
High-School Grad
10.9 sq mi
ZIP Area
5,085
Density / Sq Mi
$37,900
Median Household Income
$29,109
Median Earnings
$1,289
Median Rent
$298,000
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Miami, FL
Properties on Market for Residential income properties in Miami
Frequently Asked Questions
What type of property is this?
Residential income property - Each residence includes in-unit laundry, impact windows, and two assigned parking spaces.
Where is this residential income property located?
The property is located at 5817 NW 30th Ave Unit 5817 Miami, FL.
What are key features of this property?
This property features: Three‑bedroom, two‑bathroom units; Two assigned parking spaces per unit; Tankless water heater and in‑unit laundry closet in each unit
