Triplex with Fenced Yard
9360 SW 37th St Miami, FL 33165
For Sale
$985,000
MULTI_FAMILY - Miami, FL
Property Size1,553 SF
Lot Size0.16 Acres
Price / SF$634.26
Days on Market54
Property Features for 9360 SW 37th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 4
- Rooms
- Bedroom 3, Bathroom 3, Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 2
- Parking
- 3
- Security features
- Security
- Window features
- Blinds
- Patio and Porch features
- Patio
- Exterior features
- Fence, Patio, Storm/Security Shutters
- Fencing
- Fenced
- Standard status
- Active
- APN
- 30-40-16-005-1170
- Size
- 1,553 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- CENTRAL HGTS PB 14-22 LOT 8 BLK 6 LOT SIZE 50.000 X 140 OR 19199-3061 07 2000 1 COC 25544-1123 03 2007 1
- Tax Annual Amount
- 6252
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Wall/Window Unit(s), Window Unit(s), Ceiling Fan(s)
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Flooring type
- Laminate, Tile
- Building materials
- Block
- Roof type
- Shingle
Listing Agency:
Get More Offers
(877) 232-9695
Listed By:
Keith Gordon · License #0409442
(877) 232-9695
Added: Jun 1
Changed: Jul 18
Last Checked: Jul 24 at 11:06AM
MLS# A11874562
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 triplex includes three residential units on a 7,000 square-foot lot, with a brand-new roof. The property’s layout features four bedrooms and four baths across the units, with an open floor plan and walk-in closets. Cooling is provided through a mix of central, wall, and window A/C units. The exterior offers a fenced yard with fruit trees, mature landscaping, and parking for 3+ vehicles. A separate RV is also available for sale.
Located in Central Heights, the property is currently set up to produce immediate rental income while transitioning ownership. The owner will remain in the main 2BR/2BA unit as a tenant for one year, and the two additional 1BR/1BA units are occupied on month-to-month leases.
For buyers and investors, this configuration provides an income-producing triplex with existing in-place tenants and a completed major exterior improvement with the new roof. The blend of unit sizes can support a range of tenant needs, while the fenced outdoor space and multi-vehicle parking help the property function well for day-to-day occupancy. The RV availability may also appeal to buyers looking to package additional assets with the real estate.
Located in Central Heights, the property is currently set up to produce immediate rental income while transitioning ownership. The owner will remain in the main 2BR/2BA unit as a tenant for one year, and the two additional 1BR/1BA units are occupied on month-to-month leases.
For buyers and investors, this configuration provides an income-producing triplex with existing in-place tenants and a completed major exterior improvement with the new roof. The blend of unit sizes can support a range of tenant needs, while the fenced outdoor space and multi-vehicle parking help the property function well for day-to-day occupancy. The RV availability may also appeal to buyers looking to package additional assets with the real estate.
Key Highlights
- Triplex with 3 units on a 7,000 sq. ft. lot; RV available for sale
- Brand new roof
- Main unit: owner will remain as a tenant for 1 year; two 1BR/1BA units occupied on month‑to‑month leases at $1,000/mo each
Financial Insights For Multifamily LT 5
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 | $47.5k | $30.60 |
| − Vacancy | −$3.0k | −$1.95 |
| EGI | $44.5k | $28.65 |
| − OpEx | −$13.3k | −$8.60 |
| NOI | $31.1k | $20.06 |
1,553 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$444.9K
$389.3K – $519.1K
NOI $31,146 @ 7.0% cap · market cap 3.16%
Second Best
Apartment 5plus
$409.8K
$358.6K – $478.2K
NOI $28,689 @ 7.0% cap · market cap 2.91%
Theoretical Best
Specialty Retail
$1.05M
$917.3K – $1.22M
NOI $73,380 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-unit income property with new roof, fenced yard, and parking for 3+ vehicles.
Where is this triplex located?
The property is located at 9360 SW 37th St Miami, FL.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: Triplex with 3 units on a 7,000 sq. ft. lot; RV available for sale; Brand new roof; Main unit: owner will remain as a tenant for 1 year; two 1BR/1BA units occupied on month‑to‑month leases at $1,000/mo each
