| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 82nd | Best |
| Demographics | 56th | Good |
| Amenities | 39th | Fair |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 10755 NW 50th St, Doral, FL, 33178, US |
| Region / Metro | Doral |
| Year of Construction | 2000 |
| Units | 32 |
| Transaction Date | 2021-12-21 |
| Transaction Price | $20,898,200 |
| Buyer | 10825 NW 50TH STREET FL OWNER LLC |
| Seller | DORAL TERRACE ASSOCIATES LTD |
10755 NW 50th St, Doral Multifamily Investment
Neighborhood occupancy is steady and renter demand is supported by elevated incomes and strong local amenities, according to WDSuite’s CRE market data. The location offers durable tenant depth with balanced renter concentration and proximity to major employers.
Rated A- and ranked 102 out of 449 metro neighborhoods, the area sits in the top quartile among Miami-Miami Beach-Kendall neighborhoods, signaling competitive fundamentals for multifamily investors. Neighborhood occupancy trends are broadly in line with national norms, while a renter-occupied share near the majority indicates a deep tenant base and consistent leasing velocity.
Amenity access is a notable strength: the neighborhood scores in higher national percentiles for cafes, parks, and childcare, supporting day-to-day livability for residents. Within neighborhood boundaries, grocery and pharmacy counts are thinner, so residents may rely on nearby corridors for daily goods—an operational consideration for marketing and retention rather than a structural drawback.
Within a 3-mile radius, demographic data show population growth and a sizable increase in households over the past five years, with additional gains projected. This trajectory points to a larger tenant base and supports occupancy stability over the medium term. Income levels are above national medians, which helps absorb higher regional rents while offering room for thoughtful revenue management.
Home values are elevated relative to national benchmarks, and neighborhood rents register in upper percentiles nationwide. In practice, a high-cost ownership market can reinforce reliance on multifamily housing and sustain pricing power, while the rent-to-income profile suggests monitoring for affordability pressure to protect retention.
Safety indicators present a mixed but manageable picture. Within the Miami-Miami Beach-Kendall metro, the neighborhood ranks toward the safer end of the spectrum among 449 neighborhoods, yet national comparisons place it below the median. Recent year-over-year estimates indicate an uptick in both property and violent offenses, suggesting prudent monitoring and coordination with on-site security practices.
For investors, the takeaway is comparative rather than absolute: safety readings are competitive within the metro but middling at the national level. Proactive measures (lighting, access control, resident engagement) can help maintain leasing stability and mitigate downside risk over the hold period.
The property sits near a concentration of corporate headquarters and offices that support a steady commuter renter base. Nearby employers include World Fuel Services, Lennar, Ryder System, Johnson & Johnson, and Mosaic.
- World Fuel Services — corporate offices (1.2 miles) — HQ
- Lennar — corporate offices (3.1 miles) — HQ
- Ryder System — corporate offices (3.4 miles) — HQ
- Johnson & Johnson — corporate offices (7.4 miles)
- Mosaic — corporate offices (15.5 miles)
This 32-unit asset in Doral benefits from top-quartile neighborhood positioning within the Miami-Miami Beach-Kendall metro, steady occupancy conditions, and proximity to several major employers. Elevated neighborhood incomes and an expanding 3-mile renter pool underpin durable demand, while amenity strength supports leasing and tenant retention. Based on commercial real estate analysis from WDSuite, rents track in upper national percentiles, reinforcing revenue potential with prudent attention to affordability and renewal strategy.
Operationally, thinner grocery/pharmacy options within neighborhood boundaries and a recent uptick in reported crime trends warrant standard risk controls, but these factors are balanced by workforce access, livability, and the market’s high-cost ownership context that sustains rental reliance.
- Top-quartile neighborhood within the Miami metro supports leasing durability
- Expanding 3-mile renter base and above-median incomes backfill demand and pricing power
- Upper-percentile rent positioning with room for disciplined revenue management
- Proximity to multiple corporate HQs supports workforce housing demand
- Risks: monitor affordability, address recent safety trend upticks, and mitigate limited grocery/pharmacy access