For Sale
$1,590,000

769 10Th St Miami, FL 33136

Riverside 5-Unit Airbnb Multiplex

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional 5-unit multifamily property, located at 769 NW 10th St, Miami, FL 33136, presents a lucrative investment opportunity. The 3,612 square foot building, constructed in 1924 and featuring two stories, currently operates as a successful Airbnb, generating over $170,000 in annual revenue (exceeding $220,000 in 2022) with a net income exceeding $100,000. The sale includes confirmed bookings totaling $50,000. The property comprises a 3-bedroom unit, three 1-bedroom units, and one 2-bedroom unit. Situated in Miami's desirable Riverside neighborhood, it benefits from the T6-8-O zoning designation. Its prime location offers easy access to Wynwood, Brickell, Little Havana, the Design District, Miami International Airport, Port of Miami, and major highways. The ongoing revitalization of the area, coupled with its proximity to high-end dining and luxury developments, makes this a truly turnkey investment or redevelopment prospect. This is a rare chance to acquire a high-performing property in a rapidly appreciating Miami location. The property is zoned for mixed-use development.

Highlights

  • $1,590,000 asking price for a 5-unit multifamily property.
  • 3,612 square foot building, constructed in 1924, two stories.
  • Located at 769 NW 10th St, Miami, FL 33136, in the Riverside neighborhood.
  • Currently operating as a successful Airbnb, generating over $170,000 in annual revenue (over $220,000 in 2022) with over $100,000 net income. Includes $50,000 in confirmed bookings.
  • Unit mix includes a 3-bedroom unit, three 1-bedroom units, and one 2-bedroom unit. Zoned T6-8-O.

Property Details for 769 10Th St

Property type
Apartment buildings, Small apartment buildings
Square Feet
3,612 SF
Year Built
1924
Stories
2

Location Insight

City
Miami
County
Miami-Dade
State
Florida
Latitude
25.7835725
Longitude
-80.2082247

FAQs

What type of property is this?
Apartment building - Riverside 5-Unit Airbnb Multiplex
Where is the apartment building located?
The property is located at 769 10Th St Miami, FL.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: $1,590,000 asking price for a 5-unit multifamily property.; 3,612 square foot building, constructed in 1924, two stories.; Located at 769 NW 10th St, Miami, FL 33136, in the Riverside neighborhood.
How can I contact the broker?
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769 10Th St
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