Single-Story Duplex with Two
11302 SW 7th Street Miami, FL 33174
For Sale
Contact for pricing
Move-in ready duplex with separate 3-bedroom and 2-bedroom units, each with multiple resident parking spaces.
Property Size2,006 SF
Price / SF$411.27
Days on Market37
Property Features for 11302 SW 7th Street
General Information
- Standard status
- Active
- Size
- 2,006 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1974
Listing Agency:
Savvy Avenue LLC
(888) 490-1268
Listed By:
Moe Mossa · License #496503916
Source:
Crexi
Added: Jun 18
Changed: Jul 21
Last Checked: Jul 23 at 12:17PM
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 Savvy Avenue LLC
Investment Insights
Based on property information with market context.
This single-story duplex offers two separate, move-in ready residential units. Unit A features a 3-bedroom, 2-bath layout with a functional design and ample natural light. Unit B offers a 2-bedroom, 1-bath configuration with comfortable living space. Multiple parking spaces are provided for residents, supporting everyday convenience.
The property is positioned near Florida International University (FIU) and provides convenient access to major highways. Surrounding amenities noted include shopping centers, dining, places of worship, and highly-rated schools.
Based on the provided market rental-rate context for Sweetwater, the 3/2 and 2/1 units align with approximately $3,200 and $2,500 monthly, respectively, for a potential combined monthly income of $5,700+. A pre-approval letter or proof of funds is required prior to scheduling a showing.
The property is positioned near Florida International University (FIU) and provides convenient access to major highways. Surrounding amenities noted include shopping centers, dining, places of worship, and highly-rated schools.
Based on the provided market rental-rate context for Sweetwater, the 3/2 and 2/1 units align with approximately $3,200 and $2,500 monthly, respectively, for a potential combined monthly income of $5,700+. A pre-approval letter or proof of funds is required prior to scheduling a showing.
Key Highlights
- Single‑story duplex built in 1974 near Florida International University (FIU)
- Two separate units: one 3‑bedroom, 2‑bath and one 2‑bedroom, 1‑bath
- Move‑in ready for immediate leasing with functional layouts and ample natural light
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 | $61.4k | $30.60 |
| − Vacancy | −$3.9k | −$1.95 |
| EGI | $57.5k | $28.65 |
| − OpEx | −$17.2k | −$8.60 |
| NOI | $40.2k | $20.06 |
2,006 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$574.7K
$502.9K – $670.5K
NOI $40,231 @ 7.0% cap · market cap 4.88%
Second Best
Apartment 5plus
$529.4K
$463.2K – $617.6K
NOI $37,058 @ 7.0% cap · market cap 4.49%
Theoretical Best
Specialty Retail
$1.35M
$1.18M – $1.58M
NOI $94,784 @ 7.0% cap · market cap 11.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Move-in ready duplex with separate 3-bedroom and 2-bedroom units, each with multiple resident parking spaces.
Where is this duplex located?
The property is located at 11302 SW 7th Street Miami, FL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Single‑story duplex built in 1974 near Florida International University (FIU); Two separate units: one 3‑bedroom, 2‑bath and one 2‑bedroom, 1‑bath; Move‑in ready for immediate leasing with functional layouts and ample natural light