Two-Unit Duplex
New
For Sale
$679,900
11016 SW 7, Miami, FL 33174
As-is duplex with a spacious backyard and two residential units suited to rental or owner occupancy.
Property Size1,720 SF
Price / SF$426.27
Days on Market4
Property Features for 11016 SW 7
General Information
Standard status
Active
Size
1,720 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
5700
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$6,674
Building Details
Building Size
1,720 SF
Year Built
1971
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Xcellence
(305) 244-4428
Listed By:
Maria Milagros Negron · License #0587916
(305) 244-4428
Source:
Laerrealty
Added: Aug 1
Changed: Aug 2
Last Checked: Aug 4 at 3:08AM
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 Xcellence
Investment Insights
Based on property information with market context.
This 1,595-square-foot duplex contains two separate 2-bedroom, 1-bath units and was built in 1971. The property is offered in its current as-is condition and includes a spacious backyard, providing outdoor space alongside the existing residential layout. Zoning is identified as 5700.
Located at 11016 SW 7, Miami, FL 33174, the property is near Florida International University, schools, shopping, restaurants, and parks. Regional access includes SR-836, the Florida Turnpike, and the Palmetto Expressway. The two-unit configuration supports separate occupancy arrangements within an established residential setting.
Located at 11016 SW 7, Miami, FL 33174, the property is near Florida International University, schools, shopping, restaurants, and parks. Regional access includes SR-836, the Florida Turnpike, and the Palmetto Expressway. The two-unit configuration supports separate occupancy arrangements within an established residential setting.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- 1,595 square feet on a property built in 1971
- Spacious backyard included
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 | $48.8k | $30.60 |
| − Vacancy | −$3.1k | −$1.95 |
| EGI | $45.7k | $28.65 |
| − OpEx | −$13.7k | −$8.60 |
| NOI | $32.0k | $20.06 |
1,595 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$457.0K
$399.9K – $533.2K
NOI $31,989 @ 7.0% cap · market cap 4.70%
Second Best
Apartment 5plus
$420.9K
$368.3K – $491.1K
NOI $29,465 @ 7.0% cap · market cap 4.33%
Theoretical Best
Specialty Retail
$1.08M
$942.1K – $1.26M
NOI $75,364 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,927
Businesses Nearby
Explore this area
Business Placement
Demographics for 33174, FL
32,962
Population
11,474
Households
2.9
Avg Household Size
42
Median Age
29%
College-Educated
75%
High-School Grad
3.1 sq mi
ZIP Area
10,633
Density / Sq Mi
$59,599
Median Household Income
$30,210
Median Earnings
$1,786
Median Rent
$379,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - As-is duplex with a spacious backyard and two residential units suited to rental or owner occupancy.
Where is this duplex located?
The property is located at 11016 SW 7 Miami, FL.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; 1,595 square feet on a property built in 1971; Spacious backyard included
