Remodeled Duplex With Separate
For Sale
$1,130,000
1114 SW 13th Ct, Miami, FL 33135
Residential Income, Miami, FL
Property Size1,928 SF
Price / SF$586.10
Days on Market83
Property Features for 1114 SW 13th Ct
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
6
Full bathrooms
5
Rooms
Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 2, Bathroom 5
Parking
8
Subdivision
SECOND WESTMORELAND ADDN
Lot features
< 1/4 Acre
Directions
GPS
Standard status
Active
APN
01-41-11-015-0150
Size
1,928 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
2ND WESTMORELAND ADD PB 3-62 LOT 2 BLK 12 LOT SIZE 60 X 130 OR 10531-2192 0879 5
Tax Annual Amount
13762
Legal Description
2ND WESTMORELAND ADD PB 3-62 LOT 2 BLK 12 LOT SIZE 60 X 130 OR 10531-2192 0879 5
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Electric, Central Air
Building Details
Year built
1916
Floors in Building
1
Building materials
Pre-Cast Concrete, Frame, Stone, Stucco
Roof type
Shingle
Listing Agency:
Keller Williams Realty Premier Properties
(305) 595-2844
Listed By:
Alexei Basanta Perez · License #3451281
(786) 828-0775
Added: Jul 18
Changed: Sep 12
Last Checked: Oct 8 at 3:06AM
MLS# A11780950
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 1,928-square-foot duplex contains two fully separate units, each with its own backyard. The property has been remodeled throughout with a new roof, impact windows, modern porcelain flooring and tile, updated kitchens, and upgraded appliances. Central heating and central air provide building-wide comfort, while the structure combines pre-cast concrete, frame, stone, and stucco construction.
Built in 1916, the property includes six bedrooms and five bathrooms, along with space to park several cars. Public sewer service and cable availability are in place. The separate layouts and private outdoor areas support flexible owner-occupancy or rental use, subject to applicable requirements.
Built in 1916, the property includes six bedrooms and five bathrooms, along with space to park several cars. Public sewer service and cable availability are in place. The separate layouts and private outdoor areas support flexible owner-occupancy or rental use, subject to applicable requirements.
Key Highlights
- 1,928 SF duplex with two fully separate units
- Each unit has its own backyard
- Remodeled with new roof, impact windows, kitchens, porcelain floors, and tile
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,667
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$773,340
$773.3K
Cap Rate 7%
$552,386
$552.4K
Cap Rate 9%
$429,633
$429.6K
Market Conditions
NOI Build-Up for 1,928 SF
Gross rent
$59.0K $30.60/SF
− Vacancy
−$3.8K −$1.95/SF
EGI
$55.2K $28.65/SF
− OpEx
−$16.6K −$8.60/SF
NOI
$38.7K $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%
$773,340
Cap Rate 7%
$552,386
Cap Rate 9%
$429,633
Alternative Uses
Best Use
Multifamily LT 5
$552.4K
$483.3K – $644.5K
NOI $38,667 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$508.8K
$445.2K – $593.6K
NOI $35,617 @ 7.0% cap · market cap 3.15%
Theoretical Best
Specialty Retail
$1.30M
$1.14M – $1.52M
NOI $91,099 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,368
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two independent units offer private outdoor areas, updated interiors, and parking for several vehicles.
Where is this duplex located?
The property is located at 1114 SW 13th Ct Miami, FL.
What is the asking price?
The asking price for this property is $1,130,000.
What are key features of this property?
This property features: 1,928 SF duplex with two fully separate units; Each unit has its own backyard; Remodeled with new roof, impact windows, kitchens, porcelain floors, and tile
