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Duplex Portfolio on Adjacent Parcels
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1013 SW 31st Avenue, Miami, FL 33135

Five adjacent parcels feature four duplexes, with T6-8-O zoning permitting up to 86 units.

Property SizeContact for details
Days on Market127

Property Features for 1013 SW 31st Avenue

General Information

Standard status Active
Property subtype Land
Zoning T6-8-O

Additional Details

Multifamily Units 8
Listing Agency: Porosoff Group
Listed By: Arthur Porosoff · License #3160379
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 2:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Porosoff Group

Investment Insights

Based on property information with market context.

Gables 31 Portfolio offers five adjacent parcels of land in East Coral Gables. Four different duplexes are currently on the property, providing existing rental income while an investor considers development planning.

The offering is zoned T6-8-O. Under this zoning, the site allows for the potential to build up to 86 units. The property is located near shopping, restaurants, and sports venues in the East Coral Gables area.

For buyers looking for a blended approach, the portfolio supports immediate income from the existing duplexes alongside the opportunity to pursue a higher-density development site.

Key Highlights

  • Five adjacent parcels in East Coral Gables with four duplexes currently on‑site
  • T6‑8‑O zoning permits development potential of up to 86 units
  • Property offers current rental income from four duplexes while development plans are pursued

Property Analytics

Current Use

Home depo Shopping Center & Mall

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Grocery & Convenience Store Restaurant (Bike/Boat/Book/etc) Store Tanning Salon

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

2,320
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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Five adjacent parcels feature four duplexes, with T6-8-O zoning permitting up to 86 units.
Where is this duplex located?
The property is located at 1013 SW 31st Avenue Miami, FL.
What are key features of this property?
This property features: Five adjacent parcels in East Coral Gables with four duplexes currently on‑site; T6‑8‑O zoning permits development potential of up to 86 units; Property offers current rental income from four duplexes while development plans are pursued
(305) 209-8866 Call to check price and availability
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