BreakThru Realty

510 NW 90th Street, FL 33150

$1,850,000 · $444 per sq ft · Multifamily for sale

  • Property type: Multi Family
  • Asking price: $1,850,000
  • Price per sq ft: $444
  • Building size: 4,166 sq ft
  • Lot size: 31,363 sq ft
  • Zoning: 5100
  • Year built: 1946
  • Units: 2
  • Stories: 1
  • Net operating income: $116,992/yr
  • Cap rate: 6.3%
  • Tenant pays: Electricity, HVAC Maintenance, Interior Electric, Maintenance
  • Buildings: 6
  • Parcel ID: 3031010020210
  • MLS#: A12065110
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About this property

Six unique detached houses on an enormous lot: (5)1-bedroom/1-bath bungalows & (1) 2-bedroom/1-bath house. Fully renovated with new kitchens, plumbing, and electrical systems. The properties feature modern interiors with new floors, stainless steel appliances, walk-in showers, and brand-new fully equipped kitchens and baths. Impact windows and newly replaced roofs deliver durability and low maintenance. Situated on a 31,346 SF lot with 4,066 SF total RBA and a separate storage structure, the asset sits within an Opportunity Zone in a growing South Florida residential area that has over 21,000 residents and average household incomes of $71,554 within one mile. Great opportunity to earn a great return while planning redevelopment of the site. Call for more information.Easy access to I-95, Biscayne Blvd, and NW 95th Street, plus minimal deferred maintenance, make this a ready-to-go turnkey investment.

Building Features and Utilities

  • CBS

Rent Roll

Unit typeUnitsBeds / bathsSizeRent per unitPro forma
1 Bedroom51 / ——$138/mo—
1 Bedroom51 / ——$183/mo—
2 Bedroom12 / ——$233/mo—
2 Bedroom12 / ——$233/mo—

12 units. Reported rent $24,852 a year ($2,071 a month).

Unit types and rents as the listing reports them in the MLS. Ask the listing broker for the leases and the trailing twelve months before you rely on them.

Operating Statement

Gross income$165,600/yr
Insurance$10,756/yr
Maintenance and repairs$3,600/yr
Other$45,740/yr
Net operating income$116,992/yr
Cap rate at asking price6.3%

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Resivest Realty LLC · leodelgadojr@gmail.com · Listing agent: Leonardo Delgado Jr

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 510 NW 90th Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 510 NW 90th Street

How much is 510 NW 90th Street?
510 NW 90th Street is listed at $1,850,000, about $444 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is the cap rate on 510 NW 90th Street?
The listing reports net operating income of $116,992 a year, a cap rate of about 6.3% at the $1,850,000 asking price. Seller-reported income is a starting point: verify it against the rent roll, the leases and the operating statements during due diligence.
What is 510 NW 90th Street zoned?
The listing reports zoning of 5100. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 510 NW 90th Street?
The listing reports 4,166 square feet of building.
When was 510 NW 90th Street built?
510 NW 90th Street was built in 1946. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
How do I tour 510 NW 90th Street?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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