Two-Structure Duplex
For Sale
Under Contract
$549,000
2341 SW 9th St, Miami, FL 33135
Residential Income, Miami, FL
Property Size1,380 SF
Price / SF$397.83
Days on Market80
Property Features for 2341 SW 9th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
3900
Bedrooms
4
Full bathrooms
3
Rooms
Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 1
Parking
6
Subdivision
BRYAN PARK
Lot features
< 1/4 Acre
Directions
Please use gps/google maps
Special listing conditions
Real Estate Owned, In Foreclosure
Standard status
Active Under Contract
APN
01-41-10-014-0440
Size
1,380 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
BRYAN PARK PB 5-69 LOT 23 BLK 2 LOT SIZE 5750 SQUARE FEET OR 18681-2716 05 1999 1 COC 26380-1114 04 2008 5
Tax Annual Amount
16283
Legal Description
BRYAN PARK PB 5-69 LOT 23 BLK 2 LOT SIZE 5750 SQUARE FEET OR 18681-2716 05 1999 1 COC 26380-1114 04 2008 5
Utilities
Sewer type
Public Sewer, Septic Tank
Building Details
Year built
1926
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Flat, Barrel
Listing Agency:
Keller Williams Elite Properties · Keller Williams Realty
(305) 931-2224
Listed By:
Richard Flor · License #3549674
(305) 724-2506
Added: Jul 18
Changed: Oct 1
Last Checked: Oct 5 at 11:06PM
MLS# A11949596
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 1,380-square-foot duplex includes two separate structures. The primary residence contains three bedrooms and two full bathrooms, while the second structure offers one bedroom and one bathroom. Block construction, tile flooring, and a 1926 build date are documented for the property. T4-R zoning adds a defined land-use designation to the asset.
Located at 2341 SW 9th St in Miami, the property sits directly across from Jose Lincoln-Marti School and near Calle Ocho. The surrounding area includes cafes, restaurants, neighborhood shops, parks, and transit corridors, with access toward Downtown Miami, Brickell, and major highways.
Located at 2341 SW 9th St in Miami, the property sits directly across from Jose Lincoln-Marti School and near Calle Ocho. The surrounding area includes cafes, restaurants, neighborhood shops, parks, and transit corridors, with access toward Downtown Miami, Brickell, and major highways.
Key Highlights
- Two separate structures on one duplex property
- Main residence has 3 bedrooms and 2 full baths
- Second structure includes 1 bedroom and 1 bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,677
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$553,540
$553.5K
Cap Rate 7%
$395,386
$395.4K
Cap Rate 9%
$307,522
$307.5K
Market Conditions
NOI Build-Up for 1,380 SF
Gross rent
$42.2K $30.60/SF
− Vacancy
−$2.7K −$1.95/SF
EGI
$39.5K $28.65/SF
− OpEx
−$11.9K −$8.60/SF
NOI
$27.7K $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%
$553,540
Cap Rate 7%
$395,386
Cap Rate 9%
$307,522
Alternative Uses
Best Use
Multifamily LT 5
$395.4K
$346.0K – $461.3K
NOI $27,677 @ 7.0% cap · market cap 5.04%
Second Best
Apartment 5plus
$364.2K
$318.7K – $424.9K
NOI $25,493 @ 7.0% cap · market cap 4.64%
Theoretical Best
Specialty Retail
$931.5K
$815.1K – $1.09M
NOI $65,206 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,267
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
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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?
Duplex - Two separate structures provide distinct residential layouts within a T4-R-zoned duplex.
Where is this duplex located?
The property is located at 2341 SW 9th St Miami, FL.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two separate structures on one duplex property; Main residence has 3 bedrooms and 2 full baths; Second structure includes 1 bedroom and 1 bath
