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3210 SW 26th St

2 Unit Apartment Building $1,100,000 ($550,000/Unit) 5.40% Cap Rate Miami, FL 33133

Investment Highlights

  • Location- Closed to Coral Gables and Coconut Grove
  • Impact windows and doors in the two story unit.
  • Income producing property as well as owner occupied on one side
  • Move in ready

Executive Summary

Prime Location Alert! Nestled between Coral Gables and Coconut Grove, this multifamily property in the sought-after Silver Bluff area offers both convenience and charm. The main unit is a spacious two-story residence featuring 3 bedrooms and 2 bathrooms, recently remodeled for modern living. The second-floor terrace invites an abundance of natural light, while one bedroom is conveniently located on the ground floor. Enjoy outdoor relaxation with an above-ground pool. The home is equipped with impact windows and doors and has a durable barrel tile roof. The second unit is a comfortable 2-bedroom, 1-bathroom space, perfect for rental income or extended family. Both units are equipped with their own laundry facilities, and the property sits on a T3O zoned lot, offering flexibility for future development. With separate water and electrical meters for each unit, this property is ideal for investors or homeowners seeking additional income.
Don’t miss out—this opportunity won’t last long!

Property Facts

Price $1,100,000
Price Per Unit $550,000
Sale Type Investment
Cap Rate 5.40%
Gross Rent Multiplier 14.55
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.11 AC
Building Size 2,612 SF
No. Stories 2
Year Built/Renovated 1978/2019
Parking Ratio 1.53/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Ceiling Fans

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
5+3 2 $6,400 2,467
Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code 5700 Duplexes - General (Multifamily)
5700 Duplexes - General (Multifamily)
  • Listing ID: 32771889

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 3210 SW 26th St, Miami, FL 33133

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