236 SW 10 Avenue, Miami, FL 33130
Fully leased fourplex in Little Havana generating monthly income.
- Added:
- Dec 4, 2024
- Days on Market:
- 552
- Last Refresh:
- May 12 at 10:50 pm
Property Features for 236 SW 10 Avenue
General Information
- Standard status
- Active
- Size
- 2,752 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1937
Listing agent Uccio Zecchini License #3219617
Listing office BZG International, LLC
Listing date Dec 4, 2024
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 BZG International, LLC
HighLights
- Fully leased fourplex generating $8,700 monthly income.
- Prime Little Havana location.
- Consists of (2) three‑bedroom units, a two‑bedroom unit, and a studio.
- Zoned T4‑R, allowing for potential future redevelopment.
- Completely renovated.
- Built in 1937.
Overview
Local 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 | $84.2k | $30.60 |
| − Vacancy | −$5.4k | −$1.95 |
| EGI | $78.8k | $28.65 |
| − OpEx | −$23.7k | −$8.60 |
| NOI | $55.2k | $20.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.211768
- Latitude
- 25.776231
