Triplex with Mixed
New
For Sale
$1,695,000
1664 SW 9th St, Miami, FL 33135
Residential Income, Miami, FL
Property Size3,287 SF
Price / SF$515.67
Days on Market1
Property Features for 1664 SW 9th St
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
5700
Parking
5
Subdivision
SHENANDOAH
Lot features
< 1/4 Acre
Standard status
Active
APN
01-41-10-063-0421
Size
3,287 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
SHENANDOAH PB 8-90 LOT 5 BLK 4 LOT SIZE 50.000 X 118 OR 15614-0711 0892 4
Tax Annual Amount
9002
Legal Description
SHENANDOAH PB 8-90 LOT 5 BLK 4 LOT SIZE 50.000 X 118 OR 15614-0711 0892 4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Wall Furnace
Cooling system
Central Air, Wall/Window Unit(s), Window Unit(s), Ceiling Fan(s)
Building Details
Year built
1923
Floors in Building
2
Flooring type
Tile, Marble, Laminate
Building materials
CBSConcreteBlockStructure, Block
Roof type
Shingle, Tile, Flat
Listing Agency:
Landan Realty LLC
Listed By:
Danay Puebla Llanos · License #3315105
(305) 338-6436
Added: Oct 13
Last Checked: Oct 13 at 2:06PM
MLS# A12105762
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 triplex contains 3,287 square feet and dates to 1923. Construction is concrete block, with tile, marble, and laminate flooring. Cooling includes central air, wall or window units, window units, and ceiling fans; heating is provided by central heat and wall furnaces.
The property is at 1664 SW 9th St in Miami, with public sewer service and cable available. The roof includes shingle, tile, and flat materials.
The property is at 1664 SW 9th St in Miami, with public sewer service and cable available. The roof includes shingle, tile, and flat materials.
Key Highlights
- 3,287‑square‑foot triplex built in 1923
- Concrete block construction
- Tile, marble, and laminate flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,923
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,318,460
$1.3M
Cap Rate 7%
$941,757
$941.8K
Cap Rate 9%
$732,478
$732.5K
Market Conditions
NOI Build-Up for 3,287 SF
Gross rent
$100.6K $30.60/SF
− Vacancy
−$6.4K −$1.95/SF
EGI
$94.2K $28.65/SF
− OpEx
−$28.3K −$8.60/SF
NOI
$65.9K $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%
$1,318,460
Cap Rate 7%
$941,757
Cap Rate 9%
$732,478
Alternative Uses
Best Use
Multifamily LT 5
$941.8K
$824.0K – $1.10M
NOI $65,923 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$867.5K
$759.0K – $1.01M
NOI $60,722 @ 7.0% cap · market cap 3.58%
Theoretical Best
Specialty Retail
$2.22M
$1.94M – $2.59M
NOI $155,312 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Location Intelligence
Trade Area within ½ mile
3,450
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
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Frequently Asked Questions
What type of property is this?
Triplex - A 1923-built residential property offers 3,287 square feet with tile, marble, and laminate flooring.
Where is this triplex located?
The property is located at 1664 SW 9th St Miami, FL.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 3,287‑square‑foot triplex built in 1923; Concrete block construction; Tile, marble, and laminate flooring
