Spring Garden

$1,225,000

769 NW 10th St, Miami, FL 33136

For Sale

Multifamily Duplex / Triplex / Fourplex

Active

Last Updated: 08/25/2025

Details:

Cap Rate: 8.9%

NOI: $110,000

Cash-on-Cash: 8.9%

Building Size: 3,612 sqft

Occupancy: 85%

Class: C

Units: 5

Year Built: 1924

Zoning: T6-8 O

Floors: 2

Seller Financing: No

Opportunity Zone: No

Parking Spots: 2

Gross Leaseable Area: 3,378

Offered by

Thomas Bichi

Keller Williams Miami Beach Realty

#3261222

Request Info to Unlock

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. 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 1-bedroom units and a 2bedrooms unit Operated as a thriving Airbnb, generating $170K+ annually ($220K in 2022) with $100K+ net income. 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