30 Canal St Miami Springs, FL 33166
This exceptional multifamily property, located at 30 Canal St in Miami Springs, Florida, presents a compelling investment opportunity. Built in 1930, this two-story building sits on a substantial 10,000 square foot lot, offering significant potential for redevelopment or expansion. The asking price is $2,380,000. Its prime location within the Miami Springs Downtown Loop provides immediate access to a vibrant array of amenities, including restaurants, bars, and parks. The property's strategic position offers unparalleled convenience, with proximity to Miami International Airport (3 minutes away), the trendy Wynwood Arts District (8 minutes away), and the beautiful beaches (12 minutes away). This translates to strong rental demand and potential for high occupancy rates, making it an attractive investment for discerning buyers seeking a lucrative venture in a thriving South Florida market. The property's size and location within Miami-Dade County, zip code 33166, contribute to its significant value and potential for future appreciation. This is a rare chance to acquire a multifamily property in a highly desirable and rapidly developing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.