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    236 10Th Ave Miami, FL 33130

    For Sale
    $1,195,000

    Renovated Fourplex, High Income Potential

    Property size:
    2,752 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This completely renovated fourplex in Miami's vibrant Little Havana neighborhood presents a compelling investment opportunity. The property, located at 236 SW 10 Avenue, Miami, FL 33130, boasts a total of 2,752 square feet and is comprised of four units: two three-bedroom units, one two-bedroom unit, and a studio. Built in 1937 and situated on two stories, this multifamily property is currently fully leased, generating substantial monthly income. The strong rental performance makes this an attractive investment for those seeking immediate cash flow. The property's T4-R zoning designation offers significant potential for future redevelopment, allowing for increased density or alternative uses, subject to city approvals. This prime location in Little Havana provides easy access to local amenities, transportation, and the bustling cultural scene. The asking price for this exceptional property is $1,195,000. Detailed financial information and lease agreements are available upon request. This is a rare opportunity to acquire a well-maintained, income-producing asset in a rapidly appreciating area. Serious inquiries only.

    Property Features for 236 10Th Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    2,752 SF

    Building Details

    Year Built
    1937
    Stories
    2

    HighLights

    • Completely renovated fourplex in Miami's Little Havana.
    • 2,752 square feet, four units (two 3‑bedroom, one 2‑bedroom, one studio).
    • Fully leased, generating substantial monthly income.
    • T4‑R zoning allows for potential redevelopment.
    • Asking price: $1,195,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Small apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.2115752
    Latitude
    25.7709572

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    FAQs

    What type of property is this?
    Multifamily property - Renovated Fourplex, High Income Potential
    Where is this multifamily property located?
    The property is located at 236 10Th Ave Miami, FL.
    What is the asking price?
    The asking price for this property is $1,195,000.
    What are key features of this property?
    This property features: Completely renovated fourplex in Miami's Little Havana.; 2,752 square feet, four units (two 3-bedroom, one 2-bedroom, one studio).; Fully leased, generating substantial monthly income.
    Request Owner's contact information
    236 10Th Ave Miami, FL 33130
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    Miami, FL 33130
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    236 10Th Ave Miami, FL 33130
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