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Two-Structure Duplex Property
For Sale
Under Contract
$549,000

2341 SW 9th St, Miami, FL 33135

Residential Income, Miami, FL

Property Size1,380 SF
Price / SF$397.83
Days on Market81

Property Features for 2341 SW 9th St

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description 3900
Bedrooms 4
Full bathrooms 3
Rooms Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1
Parking 6
Subdivision BRYAN PARK
Lot features < 1/4 Acre
Directions Please use gps/google maps
Special listing conditions Real Estate Owned, In Foreclosure
Standard status Active Under Contract
APN 01-41-10-014-0440
Size 1,380 SF

Taxes and HOA fees

Tax Year 2025
Tax Description BRYAN PARK PB 5-69 LOT 23 BLK 2 LOT SIZE 5750 SQUARE FEET OR 18681-2716 05 1999 1 COC 26380-1114 04 2008 5
Tax Annual Amount 16283
Legal Description BRYAN PARK PB 5-69 LOT 23 BLK 2 LOT SIZE 5750 SQUARE FEET OR 18681-2716 05 1999 1 COC 26380-1114 04 2008 5

Utilities

Sewer type Public Sewer, Septic Tank

Building Details

Year built 1926
Floors in Building 1
Flooring type Tile
Building materials Block
Roof type Flat, Barrel
Listing Agency: Keller Williams Elite Properties · Keller Williams Realty
Listed By: Richard Flor · License #3549674
Added: Jul 18 Changed: Oct 1 Last Checked: Oct 6 at 6:06AM
MLS# A11949596

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

Investment Insights

Based on property information with market context.

This 1,380-square-foot duplex includes two separate structures. The primary residence contains three bedrooms and two full bathrooms, while the second structure offers one bedroom and one bathroom. Block construction, tile flooring, and a 1926 build date are documented for the property. T4-R zoning adds a defined land-use designation to the asset.

Located at 2341 SW 9th St in Miami, the property sits directly across from Jose Lincoln-Marti School and near Calle Ocho. The surrounding area includes cafes, restaurants, neighborhood shops, parks, and transit corridors, with access toward Downtown Miami, Brickell, and major highways.

Key Highlights

  • Two separate structures on one duplex property
  • Main residence has 3 bedrooms and 2 full baths
  • Second structure includes 1 bedroom and 1 bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,677
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,540 $553.5K
Cap Rate 7%
$395,386 $395.4K
Cap Rate 9%
$307,522 $307.5K
Market Conditions
NOI Build-Up for 1,380 SF
Gross rent
$42.2K $30.60/SF
− Vacancy
−$2.7K −$1.95/SF
EGI
$39.5K $28.65/SF
− OpEx
−$11.9K −$8.60/SF
NOI
$27.7K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,540
Cap Rate 7%
$395,386
Cap Rate 9%
$307,522

Alternative Uses

Best Use
Multifamily LT 5
$395.4K
$346.0K – $461.3K (±1% cap)
NOI $27,677 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$364.2K
$318.7K – $424.9K (±1% cap)
NOI $25,493 @ 7.0% cap · market cap 4.64%
Theoretical Best
Specialty Retail
$931.5K
$815.1K – $1.09M (±1% cap)
NOI $65,206 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Carpet & Flooring Store Electrical Service (Bike/Boat/Book/etc) Store Arcade & Gaming Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

3,267
Businesses Nearby

Demographics for 33135, FL

36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate structures provide distinct residential layouts within a T4-R-zoned duplex.
Where is this duplex located?
The property is located at 2341 SW 9th St Miami, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two separate structures on one duplex property; Main residence has 3 bedrooms and 2 full baths; Second structure includes 1 bedroom and 1 bath
More about this property
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