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Multi-Family Home with Outdoor Space

1872 SW 9th St Miami, FL 33135

1872 SW 9th St, Miami, FL, 33135
$1,200,000
For Sale
Claim this Listing
$1,200,000

MULTI_FAMILY - Miami, FL

Property Size1,960 SF
Price / SF$612.24
AddedDec 11, 2025
Days on Market217
Last RefreshJul 16 at 6:06 am

Property Features for 1872 SW 9th St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Rooms
Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 3
Parking
4
Standard status
Active
APN
01-41-10-063-3150
Size
1,960 SF

Taxes and HOA fees

Tax Year
2025
Tax Description
SHENANDOAH PB 8-90 LOT 4 BLK 22 LOT SIZE 50.000 X 118 OR 11031-953 0281 1 COC 26098-0639 10 2007 5
Tax Annual Amount
14737

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air

Building Details

Year built
1935
Floors in Building
2
Flooring type
Tile - Ceramic
Building materials
Block
Roof type
Barrel

Listing agent Ricky Alietti License #3353806

Listing office Douglas Elliman 3059 Grand Avenue Suite 340, Palm Beach, FL

Listing date Dec 11, 2025

MLS# A11927023 Listing URL

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 for-sale multi-family home features a spacious layout and excellent natural light throughout. Set on a generous lot, the property includes ample outdoor space suited for everyday use, entertaining, or flexible use planning. The total property size is 1,960 square feet, and the offering is noted as having no HOA.

Located in the heart of Calle Ocho at 1872 SW 9th St in Miami, the home is described as being just minutes from Downtown Miami, Brickell, and Coral Gables. The remarks also indicate convenient access to major highways as well as nearby shopping, dining, and entertainment.

The combination of interior space, natural light, and outdoor area can be attractive for end-users looking for room to live and operate on-site, as well as for buyers considering a residential income approach where unit layout and outdoor space are key considerations. With no HOA restrictions identified in the listing, the property may offer straightforward ownership and flexibility relative to managed communities.

Key Highlights

  • 4‑bedroom, 2‑bath home with a spacious interior layout
  • Central air conditioning and electric heating
  • Ceramic tile flooring throughout

Local Financial Insights For Apartment 5plus

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 $70.6k $36.00
− Vacancy −$4.7k −$2.41
EGI $65.8k $33.59
− OpEx −$29.6k −$15.11
NOI $36.2k $18.47
1,960 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$517.3K
$452.6K – $603.5K (±1% cap)
NOI $36,208 @ 7.0% cap · market cap 3.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.54M (±1% cap)
NOI $92,611 @ 7.0% cap · market cap 7.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Real Estate Agency Parking Lot & Garage Carpet & Flooring Store Butcher Arcade & Gaming Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Clothing & Fashion Store Locksmith

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Single family property - Multi-family property with generous outdoor space and abundant natural light, offered with no HOA.
Where is this single family property located?
The property is located at 1872 SW 9th St Miami, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4‑bedroom, 2‑bath home with a spacious interior layout; Central air conditioning and electric heating; Ceramic tile flooring throughout
Contact an agent
More about this property
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