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10502 SW 77th Ct 2 Unit Apartment Building $1,802,233 CAD ($901,116 CAD/Unit) 5.43% Cap Rate Miami, FL 33156

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INVESTMENT HIGHLIGHTS

  • Rare Pinecrest duplex opportunity in a quiet cul-de-sac with minimal traffic, offering a unique blend of comfort, versatility, & investment potential.

EXECUTIVE SUMMARY

Rare Pinecrest duplex opportunity in a quiet cul-de-sac with minimal traffic, offering a unique blend of comfort, versatility, & investment potential. One side features 3 spacious bedrooms & 2.5 bathrooms in move-in ready condition, while the other side showcases a beautifully updated 2-bedroom, 1-bathroom unit with modern touches. Each residence has its own washer & dryer, along with individually fenced private backyards that provide an enhanced sense of privacy & space for outdoor enjoyment. Currently owner-occupied & meticulously maintained, this property is ideal for generating steady rental income, accommodating extended family, or living in one unit while leasing the other. With Pinecrest duplexes in extremely short supply, this is a rare chance to purchase this prime real estate

FINANCIAL SUMMARY (PRO FORMA - 2025)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $131,526 $52.86
Other Income - -
Vacancy Loss - -
Effective Gross Income $131,526 $52.86
Taxes $23,586 $9.48
Operating Expenses $9,989 $4.01
Total Expenses $33,575 $13.49
Net Operating Income $97,950 $39.37

FINANCIAL SUMMARY (PRO FORMA - 2025)

Gross Rental Income (CAD)
Annual $131,526
Annual Per SF $52.86
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $131,526
Annual Per SF $52.86
Taxes (CAD)
Annual $23,586
Annual Per SF $9.48
Operating Expenses (CAD)
Annual $9,989
Annual Per SF $4.01
Total Expenses (CAD)
Annual $33,575
Annual Per SF $13.49
Net Operating Income (CAD)
Annual $97,950
Annual Per SF $39.37

PROPERTY FACTS

Price $1,802,233 CAD
Price Per Unit $901,116 CAD
Sale Type Investment
Cap Rate 5.43%
Sale Conditions
1031 Exchange
  • Lease Option
  • High Vacancy Property
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.24 AC
Building Size 2,488 SF
No. Stories 1
Year Built 1956
Zoning 5700

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-5010-001-0090
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,083,868 CAD
Annual Taxes
$23,586 CAD ($9.48 CAD/SF)
Tax Year
2025
  • Listing ID: 37544346

  • Date on Market: 2025-09-04

  • Last Updated:

  • Address: 10502 SW 77th Ct, Miami, FL 33156

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