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Triplex with Patio
New
For Sale
$1,080,000

2237 SW 60th Ct, Miami, FL 33155

Residential Income, Miami, FL

Property Size3,884 SF
Price / SF$278.06
Days on Market2

Property Features for 2237 SW 60th Ct

General Information

Property type Residential Multi Family
Property subtype Triplex
Zoning description 5700
Bedrooms 9
Full bathrooms 5
Rooms Bedroom 7, Bedroom 4, Bedroom 2, Bedroom 1, Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 4, Bathroom 5, Bedroom 5, Bathroom 3, Bedroom 9, Bathroom 2, Bathroom 1
Parking 12
Patio and Porch features Patio
Exterior features Patio
Subdivision CORAL WAY PK SEC D
Lot features 1/4 to 1/2 Acre Lot
Directions GPG
Standard status Active
APN 30-40-12-012-0610
Size 3,884 SF

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description CORAL WAY PARK SEC D PB 13-6 LOTS 28 & 29 BLK 15 LOT SIZE 80.000 X 143 OR 17770-1844 0897 4
Tax Annual Amount 14954
Legal Description CORAL WAY PARK SEC D PB 13-6 LOTS 28 & 29 BLK 15 LOT SIZE 80.000 X 143 OR 17770-1844 0897 4

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Central
Cooling system Central Air

Building Details

Year built 1942
Floors in Building 1
Flooring type Tile - Ceramic
Building materials Block
Listing Agency: EXP Realty LLC
Listed By: Maria Bustillos · License #3260012
Added: Oct 30 Changed: Oct 31 Last Checked: Oct 31 at 2:06AM
MLS# A12115796

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.

Rey
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Investment Insights

Based on property information with market context.

This Miami triplex contains three rental units within 3,884 square feet. The building dates to 1942 and is constructed of block, with a patio, ceramic tile flooring, central heating, and central air conditioning. Two units are rented; the third was recently vacated. Leases are month to month.

The property is at 2237 SW 60th Ct in Miami. It is served by a septic tank, and cable is available.

Key Highlights

  • Three rental units; two are occupied and one was recently vacated
  • 8.64% cap rate
  • 3,884 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$77,896
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,557,920 $1.6M
Cap Rate 7%
$1,112,800 $1.1M
Cap Rate 9%
$865,511 $865.5K
Market Conditions
NOI Build-Up for 3,884 SF
Gross rent
$118.9K $30.60/SF
− Vacancy
−$7.6K −$1.95/SF
EGI
$111.3K $28.65/SF
− OpEx
−$33.4K −$8.60/SF
NOI
$77.9K $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%
$1,557,920
Cap Rate 7%
$1,112,800
Cap Rate 9%
$865,511

Alternative Uses

Best Use
Multifamily LT 5
$1.11M
$973.7K – $1.30M (±1% cap)
NOI $77,896 @ 7.0% cap · market cap 7.21%
Second Best
Apartment 5plus
$1.03M
$896.9K – $1.20M (±1% cap)
NOI $71,751 @ 7.0% cap · market cap 6.64%
Theoretical Best
Specialty Retail
$2.62M
$2.29M – $3.06M (±1% cap)
NOI $183,521 @ 7.0% cap · market cap 16.99%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,525
Businesses Nearby

Demographics for 33155, FL

43,695
Population
16,046
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
85%
High-School Grad
7.4 sq mi
ZIP Area
5,905
Density / Sq Mi
$79,271
Median Household Income
$41,919
Median Earnings
$1,871
Median Rent
$505,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Two of the three rental units are occupied, while the remaining unit was recently vacated.
Where is this triplex located?
The property is located at 2237 SW 60th Ct Miami, FL.
What is the asking price?
The asking price for this property is $1,080,000.
What are key features of this property?
This property features: Three rental units; two are occupied and one was recently vacated; 8.64% cap rate; 3,884 square feet
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Includes: Price & PSF · Cap rate · Location · Zoning

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