Turnkey 12-Unit Multifamily
For Sale
$4,750,000
750 Sw 2nd St Miami, Miami, FL 33130
Turnkey 12-unit multifamily built in 2021 with in-unit washer and dryer in every unit.
Property Size10,578 SF
Price / SF$449.05
Days on Market105
Property Features for 750 Sw 2nd St Miami
General Information
Standard status
Active
Size
10,578 SF
Zoning
3900
Additional Details
Multifamily Units
12
Taxes and HOA fees
Annual Taxes
$53,672
Building Details
Building Size
10,578 SF
Year Built
2021
Stories
2
Listed By:
Nery Rodriguez
(904) 447-1321
Source:
Yourfhrm
Added: Jul 9
Changed: Sep 7
Last Checked: Oct 21 at 5:16AM
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 Nery Rodriguez
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Investment Insights
Based on property information with market context.
This turnkey 12-unit multifamily property was built in 2021 and presents a straightforward rental configuration. The unit mix includes eight 2BR/1BA units and four 1BR/1BA units. Each unit features in-unit washer and dryer.
Tenants are responsible for all utilities. The property is described as having stable in-place rents and minimal deferred maintenance.
For sale as a residential income asset, the building offers a modern, repeatable unit layout across the 12 units, supporting day-to-day management through consistent in-unit amenities.
Tenants are responsible for all utilities. The property is described as having stable in-place rents and minimal deferred maintenance.
For sale as a residential income asset, the building offers a modern, repeatable unit layout across the 12 units, supporting day-to-day management through consistent in-unit amenities.
Key Highlights
- 12‑unit multifamily built in 2021
- Unit mix includes eight 2BR/1BA units and four 1BR/1BA units
- In‑unit washer and dryer in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$195,412
Cap Rate
4.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,908,240
$3.9M
Cap Rate 7%
$2,791,600
$2.8M
Cap Rate 9%
$2,171,244
$2.2M
Market Conditions
NOI Build-Up for 10,578 SF
Gross rent
$380.8K $36.00/SF
− Vacancy
−$25.5K −$2.41/SF
EGI
$355.3K $33.59/SF
− OpEx
−$159.9K −$15.11/SF
NOI
$195.4K $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%
$3,908,240
Cap Rate 7%
$2,791,600
Cap Rate 9%
$2,171,244
Alternative Uses
Best Use
Apartment 5plus
$2.79M
$2.44M – $3.26M
NOI $195,412 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.14M
$6.25M – $8.33M
NOI $499,815 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
5,110
Businesses Nearby
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Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Turnkey 12-unit multifamily built in 2021 with in-unit washer and dryer in every unit.
Where is this apartment building located?
The property is located at 750 Sw 2nd St Miami Miami, FL.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: 12‑unit multifamily built in 2021; Unit mix includes eight 2BR/1BA units and four 1BR/1BA units; In‑unit washer and dryer in every unit
