769 10Th StMiami, FL 33136

Property Details for 769 10Th St

Year built

1924

Property size (Sq ft)

3,612 SF

Property type

Apartment buildings

Property subtype

Small apartment buildings

Description

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.

Location Insight

City

Miami

County

Miami-Dade

State

Florida

Latitude

25.7836

Longitude

-80.2082

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