Remodeled Duplex with Two
1112 SW 11th Ave, Miami, FL 33129
For Sale
$1,199,000
Pending
Residential Income, Miami, FL
Property Size2,030 SF
Days on Market47
Property Features for 1112 SW 11th Ave
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Subdivision
Lot features
Standard status
APN
Size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
private laundry/pantry room
tankless water heaters
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Delphi Investment Realty
(786) 388-0110
Listed By:
Annia Garcia · License FL #0700597
(305) 345-6091
Added: Sep 25
Changed: Nov 10
Last Checked: Nov 10 at 9:06PM
MLS# A12095639
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.
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Investment Insights
Based on property information with market context.
This 2,030-square-foot duplex, built in 1978, contains two residences: one with three bedrooms and two bathrooms, and another with two bedrooms and one bathroom. Both have been remodeled with new kitchens, cabinetry, quartz countertops, appliances, bathrooms, flooring, air conditioning, insulation, impact-rated windows and doors, and tankless water heaters. Each residence also has a private laundry and pantry room. The property has T3-O zoning, central heating and cooling, a concrete-block structure, and a shingle roof.
Located in Miami’s Roads/Coral Way area, the property is near Calle Ocho and provides access by car to Brickell, Coral Gables, Coconut Grove, and downtown Miami. The site has a concrete driveway with synthetic grass strips and a landscaped backyard. Public water and sewer are available. The property is not in a flood zone and has no HOA, according to the property information.
Located in Miami’s Roads/Coral Way area, the property is near Calle Ocho and provides access by car to Brickell, Coral Gables, Coconut Grove, and downtown Miami. The site has a concrete driveway with synthetic grass strips and a landscaped backyard. Public water and sewer are available. The property is not in a flood zone and has no HOA, according to the property information.
Key Highlights
- Two residences: a 3‑bedroom, 2‑bathroom home and a 2‑bedroom, 1‑bathroom home
- 2,030 square feet; built in 1978
- Renovated kitchens, bathrooms, flooring, air conditioning, insulation, impact windows and doors, and tankless water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,713
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,260
$814.3K
Cap Rate 7%
$581,614
$581.6K
Cap Rate 9%
$452,367
$452.4K
Market Conditions
NOI Build-Up for 2,030 SF
Gross rent
$62.1K $30.60/SF
− Vacancy
−$4.0K −$1.95/SF
EGI
$58.2K $28.65/SF
− OpEx
−$17.4K −$8.60/SF
NOI
$40.7K $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%
$814,260
Cap Rate 7%
$581,614
Cap Rate 9%
$452,367
Alternative Uses
Best Use
Multifamily LT 5
$581.6K
$508.9K – $678.6K
NOI $40,713 @ 7.0% cap · market cap 3.40%
Second Best
Apartment 5plus
$535.7K
$468.8K – $625.0K
NOI $37,501 @ 7.0% cap · market cap 3.13%
Theoretical Best
Specialty Retail
$1.37M
$1.20M – $1.60M
NOI $95,918 @ 7.0% cap · market cap 8.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,403
Businesses Nearby
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Business Placement
Demographics for 33129, FL
15,218
Population
8,275
Households
1.8
Avg Household Size
44
Median Age
68%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
10,870
Density / Sq Mi
$102,969
Median Household Income
$54,935
Median Earnings
$2,241
Median Rent
$573,900
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Miami, FL
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two updated homes offer separate kitchens, laundry areas, and a combined five bedrooms and three bathrooms.
Where is this duplex located?
The property is located at 1112 SW 11th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two residences: a 3‑bedroom, 2‑bathroom home and a 2‑bedroom, 1‑bathroom home; 2,030 square feet; built in 1978; Renovated kitchens, bathrooms, flooring, air conditioning, insulation, impact windows and doors, and tankless water heaters
