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3041 Northwest 10th Avenue

$649,900

3041 Northwest 10th Avenue, Miami, FL 33127

Active
Last Updated: 12/05/2025

7

Cap Rate

47,593

NOI

Details:
Cap Rate:    7%
NOI:    $47,593
Building Size:    1,663 sqft
Lot Area:    6,840 sqft
Occupancy:    100%
Class:    B
Units:    2
Year Built:    1948-2006
Zoning:    0803 MULTIFAMILY 2-9 UNITS : MULTIFAMILY 3 OR MORE UNITS
Floors:    1
Opportunity Zone:    Yes
Seller Financing:    Yes
Parking Spots:    4
Freight Elevator:    No
Roof:    Shingle
HVAC:    Central
Floor:    Tile
Restrooms:    3
Leed Certitified:    No
CeilingHeight:    8
Year Last Renovated:    2013
Description:

Take advantage of Opportunity Zone benefits while investing in a cash-flowing duplex in Miami's thriving neighborhood. Excellent location & amazing return! 2 detached buildings renovated in 2018, LARGE FRONT UNIT new roof, low expenses. Plenty of parking for both units. Tenants pay water, sewer and electric. $2,072 (rear) SECTION8 + $3,400 (front) = $65,664 gross annual income. Near Miami Stadium Apartments amenities, Paul Laurence Dunbar K-8, Georgia Jones Ayers MS, Miami Jackson SHS. Walk to Miami Children's Museum, Jungle Island, & Jackson Health System. Allapattah neighborhood, easy midtown, Wynwood, design district, Downtown Miami & Miami Beach access. Only showing with letter of intent LOI and proof of funds! Confidential sale, DO NOT DISTURB TENANTS!

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