T4-R Zoned Multifamily
984 SW 6th St Miami, FL 33130
984 SW 6th St, Miami, FL, 33130
$985,000
For Sale
$985,000
MULTI_FAMILY - Miami, FL
Property Size2,012 SF
Price / SF$489.56
Days on Market129
Property Features for 984 SW 6th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 3
- Rooms
- Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
- Parking
- 2
- Standard status
- Active
- APN
- 01-41-38-003-2030
- Size
- 2,012 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- RIVERVIEW PB 5-43 LOT 11 BLK P LOT SIZE 7500 SQUARE FEET OR 9507 1603
- Tax Annual Amount
- 11889
Utilities
- Utilities
- Cable Available
- Heating system
- Wall Furnace
Building Details
- Year built
- 1947
- Floors in Building
- 1
- Building materials
- Block
Listing agency
Real Estate Sales Force
(305) 392-1497
Listed by
Ismaris Texidor · License #3170107
(786) 647-0688
Added: Mar 16 Updated: Jul 18 at 1:39AM Checked: Jul 22 at 1:06PM
MLS# A11935843
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 for-sale duplex offers a total size of about 2,012 square feet and is listed as a residential income property. The property is presented as a flexible housing option under T4-R Multifamily zoning, supporting a range of potential residential development approaches.
The address is 984 SW 6th St, Miami, FL 33130, within Miami-Dade County. Prospective buyers are also directed to the listing’s tax-focused discussion, including the use of cost segregation to pursue accelerated depreciation benefits in the early years of ownership.
All information above is based on the provided listing details, including the property type(s), zoning reference, and the stated size and address.
The address is 984 SW 6th St, Miami, FL 33130, within Miami-Dade County. Prospective buyers are also directed to the listing’s tax-focused discussion, including the use of cost segregation to pursue accelerated depreciation benefits in the early years of ownership.
All information above is based on the provided listing details, including the property type(s), zoning reference, and the stated size and address.
Key Highlights
- Block construction
- Wall furnace heating
- Built in 1947
Local 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 | $61.6k | $30.60 |
| − Vacancy | −$3.9k | −$1.95 |
| EGI | $57.6k | $28.65 |
| − OpEx | −$17.3k | −$8.60 |
| NOI | $40.4k | $20.06 |
2,012 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$576.5K
$504.4K – $672.5K
NOI $40,352 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$531.0K
$464.6K – $619.5K
NOI $37,168 @ 7.0% cap · market cap 3.77%
Theoretical Best
Specialty Retail
$1.36M
$1.19M – $1.58M
NOI $95,068 @ 7.0% cap · market cap 9.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - For-sale duplex totaling about 2,012 sq. ft., located at 984 SW 6th St in Miami and zoned T4-R multifamily.
Where is this duplex located?
The property is located at 984 SW 6th 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: Block construction; Wall furnace heating; Built in 1947
