Tenant-Occupied
New
For Sale
$529,000
1836 SW 5th St, Miami, FL 33135
Both residences are occupied and producing rental income; zoning supports a three-unit configuration.
Property Size1,566 SF
Days on Market4
Property Features for 1836 SW 5th St
General Information
Standard status
Active
Size
1,566 SF
Property subtype
Investment
Occupancy
100%
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$14,375
Building Details
Building Size
1,566 SF
Year Built
1957
Stories
1
Listed By:
Alicia Casanova
(305) 984-3055
Source:
Elliman
Added: Oct 4
Changed: Oct 6
Last Checked: Oct 5 at 7:45PM
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 Alicia Casanova
Investment Insights
Based on property information with market context.
This 1957-built duplex at 1836 SW 5th St in Miami has two tenant-occupied residences generating rental income. The property is zoned for a three-unit configuration, offering a defined option to expand beyond its current duplex layout.
Located in Little Havana, the property is minutes from Downtown Miami, Brickell, major highways, dining, shopping, and public transportation. Its Walk Score is 94, Bike Score is 57, and Transit Score is 50. Showings are by appointment with 24 hours’ notice; tenants should not be disturbed.
Located in Little Havana, the property is minutes from Downtown Miami, Brickell, major highways, dining, shopping, and public transportation. Its Walk Score is 94, Bike Score is 57, and Transit Score is 50. Showings are by appointment with 24 hours’ notice; tenants should not be disturbed.
Key Highlights
- Two‑unit duplex with both residences tenant‑occupied
- Zoned for triplex use
- Built in 1957
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,407
Cap Rate
5.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$628,140
$628.1K
Cap Rate 7%
$448,671
$448.7K
Cap Rate 9%
$348,967
$349.0K
Market Conditions
NOI Build-Up for 1,566 SF
Gross rent
$47.9K $30.60/SF
− Vacancy
−$3.1K −$1.95/SF
EGI
$44.9K $28.65/SF
− OpEx
−$13.5K −$8.60/SF
NOI
$31.4K $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%
$628,140
Cap Rate 7%
$448,671
Cap Rate 9%
$348,967
Alternative Uses
Best Use
Multifamily LT 5
$448.7K
$392.6K – $523.5K
NOI $31,407 @ 7.0% cap · market cap 5.94%
Second Best
Apartment 5plus
$413.3K
$361.6K – $482.2K
NOI $28,929 @ 7.0% cap · market cap 5.47%
Theoretical Best
Specialty Retail
$1.06M
$924.9K – $1.23M
NOI $73,994 @ 7.0% cap · market cap 13.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,090
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Both residences are occupied and producing rental income; zoning supports a three-unit configuration.
Where is this duplex located?
The property is located at 1836 SW 5th St Miami, FL.
What is the asking price?
The asking price for this property is $529,000.
What are key features of this property?
This property features: Two‑unit duplex with both residences tenant‑occupied; Zoned for triplex use; Built in 1957
