Income Triplex With Long-Term
11330 Peachtree Drive Miami, FL 33161
11330 Peachtree Drive, Miami, FL, 33161
$910,000
For Sale
$910,000
Income-producing triplex with a 2021 roof, updated kitchens and bathrooms, vinyl flooring, and modern appliances.
Property Size3,079 SF
Price / SF$295.55
Days on Market345
Property Features for 11330 Peachtree Drive
General Information
- Standard status
- Active
- Size
- 3,079 SF
- Property subtype
- Multi-Family Income / Triplex
Building Details
- Year Built
- 1981
Listing agency
Luxe Properties
(305) 809-7650
Listed by
Christian Gornail · License #3273932
(305) 809-7650
Source
Compass
Added: Aug 11, 2025 Updated: Jul 20 at 6:11PM Checked: Jul 21 at 8:37AM
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 Luxe Properties
Investment Insights
Based on property information with market context.
This income-producing triplex offers three units currently leased to long-term tenants. The property includes a 2021 roof and refreshed interiors with updated kitchens and bathrooms. Durable vinyl flooring is installed throughout, and each unit is equipped with modern appliances.
The property is located at 11330 Peachtree Drive in North Miami, positioned between Miami Shores and Biscayne Park. The seller highlights the area’s anticipated growth and planned city investment over the next few years.
For buyers seeking a leased, residential income asset, this triplex provides an established tenant base alongside recent key improvements including the roof and unit updates.
The property is located at 11330 Peachtree Drive in North Miami, positioned between Miami Shores and Biscayne Park. The seller highlights the area’s anticipated growth and planned city investment over the next few years.
For buyers seeking a leased, residential income asset, this triplex provides an established tenant base alongside recent key improvements including the roof and unit updates.
Key Highlights
- Income‑producing triplex built in 1981
- 2021 roof
- Updated kitchens and bathrooms
Local 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 | $94.2k | $30.60 |
| − Vacancy | −$6.0k | −$1.95 |
| EGI | $88.2k | $28.65 |
| − OpEx | −$26.5k | −$8.60 |
| NOI | $61.8k | $20.06 |
3,079 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$882.2K
$771.9K – $1.03M
NOI $61,751 @ 7.0% cap · market cap 6.79%
Second Best
Apartment 5plus
$812.6K
$711.0K – $948.0K
NOI $56,880 @ 7.0% cap · market cap 6.25%
Theoretical Best
Specialty Retail
$2.08M
$1.82M – $2.42M
NOI $145,484 @ 7.0% cap · market cap 15.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Income-producing triplex with a 2021 roof, updated kitchens and bathrooms, vinyl flooring, and modern appliances.
Where is this triplex located?
The property is located at 11330 Peachtree Drive Miami, FL.
What is the asking price?
The asking price for this property is $910,000.
What are key features of this property?
This property features: Income‑producing triplex built in 1981; 2021 roof; Updated kitchens and bathrooms
