3210 SW 26th St
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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!
Don’t miss out—this opportunity won’t last long!
Property Facts
Price | $1,100,000 | Apartment Style | Low Rise |
Price Per Unit | $550,000 | Building Class | C |
Sale Type | Investment | Lot Size | 0.11 AC |
Cap Rate | 5.40% | Building Size | 2,612 SF |
Gross Rent Multiplier | 14.55 | No. Stories | 2 |
No. Units | 2 | Year Built/Renovated | 1978/2019 |
Property Type | Multifamily | Parking Ratio | 1.53/1,000 SF |
Property Subtype | Apartment |
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 |
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Walk Score ®
Very Walkable (72)
Bike Score ®
Very Bikeable (71)
zoning
Zoning Code | 5700 Duplexes - General (Multifamily) |
5700 Duplexes - General (Multifamily) |
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3210 SW 26th St
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