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Spring Garden

$1,225,000

769 NW 10th St, Miami, FL 33136

Active
Last Updated: 11/06/2025

8.9

Cap Rate

102,000

NOI

Details:
Cap Rate:    8.9%
NOI:    $102,000
Cash-on-Cash:    8.9%
Building Size:    3,612 sqft
Occupancy:    85%
Class:    C
Units:    3
Year Built:    1924
Zoning:    T6-8 O
Floors:    2
Seller Financing:    No
Opportunity Zone:    No
Parking Spots:    2
Gross Leaseable Area:    3,378
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Building Features: Laundry Facility
  • Documents Available: Appraisal
  • Architectural Style: Other
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Heating: Window/Wall
  • Flooring: Parquet, Tile
  • Construction Materials: Other
Description:

5 UNITS MULTIPLEX OPPORTUNITY. Recently appraised at $1.4M. Passed 40 and 50 years certifications.

Nestled in Miami's sought-after Riverside neighborhood, this multifamily property offers unparalleled potential with T6-8-O zoning and a prime location. Featuring a 3-bedroom home , 3x 2-bedroom units and a 1 bedroom unit Operated as mixed Airbnb and long term rental.
Ideally located near Wynwood, Brickell, Little Havana, and the Design District, with easy access to Miami International Airport, Port of Miami, and major highways, it’s a commuter’s dream. The area’s ongoing revitalization, high-end dining, and luxury developments make this a turnkey investment or redevelopment gem

Map:
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