2110 NW 24th St

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2110 NW 24th St

Miami, FL 33142
Asking Price
$895K
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Miami
  • Located at 2110 NW 24th St in Miami Florida
  • The property is situated in the 33142 zip code
  • Asking price for this residential asset is 895000 dollars
  • Miami remains a high-demand market for rental housing assets

What's Special

This multifamily apartment building located at 2110 NW 24th St in Miami, FL, presents a strategic acquisition in a key urban market. Situated within the 33142 ZIP code, the property benefits from the density and consistent demand inherent to the Miami metropolitan area, where rental housing remains a fundamental component of the local economy. The surrounding neighborhood offers proximity to major transit corridors and employment hubs, making it a functional choice for tenants looking to remain close to the city core. Investors may find value in this asset as a long-term hold or a repositioning play within the competitive Florida housing landscape. Given the ongoing growth in Miami, this apartment building provides a defined footprint for residential operations. Its position in this established submarket supports potential for stable occupancy and consistent performance, catering to the ongoing residential needs of the local workforce and regional population.

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NOI
$80,000
Cap Rate
8.94%
DSCR
1.51
Strong
Cash-on-Cash
10.01%
Monthly Payment
$4,427.972
Annual Cash Flow
$26,864.34

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