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236 SW 10th Ave 4 Unit Apartment Building $1,397,751 CAD ($349,438 CAD/Unit) 6.54% Cap Rate Miami, FL 33130
Investment Highlights
- Fourplex property composed of (2) three bedroom units, a two bedroom unit and a studio
Executive Summary
Completely updated fourplex in the heart of Little Havana currently fully leased and generating a great monthly income. Property is composed of (2) three bedroom units, a two bedroom unit and a studio. Property is zoned T4-R providing a potential for redevelopment in the future. Please contact listing agent for more information.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$142,366
|
$51.73
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$142,366
|
$51.73
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$49,828
|
$18.11
|
| Net Operating Income |
$92,538
|
$33.63
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $142,366 |
| Annual Per SF | $51.73 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $142,366 |
| Annual Per SF | $51.73 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $49,828 |
| Annual Per SF | $18.11 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $92,538 |
| Annual Per SF | $33.63 |
Property Facts
| Price | $1,397,751 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $349,438 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 6.54% | Building Size | 2,752 SF |
| Gross Rent Multiplier | 11.06 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1937/2022 |
| Property Subtype | Apartment | ||
| Zoning | T4-R - Residential | ||
| Price | $1,397,751 CAD |
| Price Per Unit | $349,438 CAD |
| Sale Type | Investment |
| Cap Rate | 6.54% |
| Gross Rent Multiplier | 11.06 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 2,752 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1937/2022 |
| Zoning | T4-R - Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 8+4 | 4 | - | 2,752 |
1 1
Exceptionally walkable
100/100
Fairly drivable
40/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 01-4102-005-3700 | Improvements Assessment | $0 CAD (2025) |
| Land Assessment | $0 CAD (2025) | Total Assessment | $741,772 CAD (2025) |
Property Taxes
Parcel Number
01-4102-005-3700
Land Assessment
$0 CAD (2025)
Improvements Assessment
$0 CAD (2025)
Total Assessment
$741,772 CAD (2025)
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236 SW 10th Ave
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