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    Turnkey Multifamily Building in Miami Title is generated by Realmo AI

    1785 SW 13th Street, Miami, FL 33145

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    Claim this Listing
    For Sale
    $2,250,000

    MULTI_FAMILY - Miami, FL

    Property size:
    8,899 SF
    Lot size:
    0.29 Acres
    Price / SF:
    $252/SF
    Added:
    Aug 13, 2025
    Days on Market:
    309
    Last Refresh:
    Jun 17 at 2:06 am

    Property Features for 1785 SW 13th Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    T3R
    Parking
    12
    Parking features
    Guest, On Street
    Fencing
    Fenced
    Standard status
    Active
    APN
    0141100640480
    Size
    8,899 SF
    Lot size
    0.29 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    10 54 41 SOUTH SHENANDOAH PB 11-64 LOTS 13 & 14 BLK 4 LOT SIZE 107.000 X 118 OR 15247-1363 0991 4
    Tax Annual Amount
    28447

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1928
    Floors in Building
    3
    Number of units
    12
    Flooring type
    Vinyl
    Building materials
    Block

    We can help!

    Listing Contact
    Steven M. Grossman, PA

    Listing agent Steven M. Grossman, PA License #3372785

    Listing office LoKation 1500 E Atlantic Blvd. The K. Co. Building, Pompano Beach, FL

    Listing date Aug 13, 2025

    MLS# F10519433

    Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 12‑unit multifamily apartment building on a corner lot totaling 12,626 SF
    • One‑bedroom, one‑bath residences with living rooms, dining areas, and kitchens plus double‑height ceilings
    • Extensive renovations including updated plumbing and electrical systems
    • Newer wall‑mounted A/C units and roof replacement completed in 2021
    • 40‑year recertification completed in 2018
    • Over 5% cap noted in the listing remarks; public water and public sewer with cable available

    Overview

    This turnkey multifamily property is a 12-unit apartment building situated on a corner lot. The building, located at 1785 SW 13th St, is located 10 minutes from Coconut Grove. The property consists of 12,626 square feet. Each unit features one bedroom and one bathroom, with living rooms, dining areas, and kitchens that include double-height ceilings. The property has undergone extensive renovations, including updated plumbing and electrical systems, newer wall-mounted A/C units, and a new roof installed in 2021. The 40-Year Recertification was completed in 2018. The lot size is 0.29 acres, and the property size is 8899 square feet. The property is zoned T3R.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $320.4k $36.00
    − Vacancy −$21.5k −$2.41
    EGI $298.9k $33.59
    − OpEx −$134.5k −$15.11
    NOI $164.4k $18.47
    8,899 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $2.35M
    $2.05M – $2.74M (±1% cap)
    NOI $164,395 @ 7.0% cap · market cap 7.31%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $6.01M
    $5.26M – $7.01M (±1% cap)
    NOI $420,482 @ 7.0% cap · market cap 18.69%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.224188
    Latitude
    25.761062

    FAQs

    What type of property is this?
    Apartment building - Renovated 12-unit apartment building near Coconut Grove.
    Where is this apartment building located?
    The property is located at 1785 SW 13th Street Miami, FL.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: 12‑unit multifamily apartment building on a corner lot totaling 12,626 SF; One‑bedroom, one‑bath residences with living rooms, dining areas, and kitchens plus double‑height ceilings; Extensive renovations including updated plumbing and electrical systems
    More about this property
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