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Property profile & analytics
FOR SALE
Apartment buildings

10860 SW 3Rd St Miami, FL 33174

7,500 SF
Property ID
US18-4343489
Property summary
AI-generated overview

Unique opportunity to acquire a well-maintained 10-unit apartment building in the heart of Sweetwater, just blocks from FIU's main campus. Property consists of 5 spacious 2BR/1BA units and 5 1BR/1BA units with long-term tenants in place. Located within the FIU University District, benefiting from strong rental demand and future development potential. The site spans from SW 3rd Street to SW 4th Street, offering exceptional access and a rare full-block footprint. Low operating expenses, 40-Year Recertification completed, and Certificate of Use (CU) in place. Current NET income approximately $177,000 annually with upside through future rent increases. Current return approximately 5% CAP rate, projected to increase to approximately 5.5% by December 2026/January 2027. Contact broker for details.

Property profile
Verified
Property type Apartment buildings
Total area 7,500 SF
UPID US18-4343489
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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