Two-Unit
New
For Sale
$795,000
2633 SW 34th Ave, Miami, FL 33133
Residential Income, Miami, FL
Property Size1,302 SF
Price / SF$610.60
Days on Market2
Property Features for 2633 SW 34th Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
4
Full bathrooms
3
Rooms
Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 3, Bathroom 3
Parking
6
Subdivision
SILVER BLUFF HOMESITES
Lot features
< 1/4 Acre
Directions
GPS
Standard status
Active
APN
01-41-16-015-3870
Size
1,302 SF
Taxes and HOA fees
Tax Year
2015
Tax Description
SILVER BLUFF HOMESITES PB 8-101 LOT 2 BLK 15 LOT SIZE 40.000 X 125 OR 20330-1505 04 2002 1
Tax Annual Amount
4915
Legal Description
SILVER BLUFF HOMESITES PB 8-101 LOT 2 BLK 15 LOT SIZE 40.000 X 125 OR 20330-1505 04 2002 1
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1925
Floors in Building
1
Flooring type
Laminate
Building materials
CBSConcreteBlockStructure, Block
Roof type
Shingle
Listing Agency:
Related General Realty, LLC.
(305) 932-6365
Listed By:
Ydalia Rodriguez · License #3533172
(813) 485-3612
Added: Oct 11
Changed: Oct 12
Last Checked: Oct 12 at 9:06PM
MLS# A12104749
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 renovated duplex contains 1,302 square feet across two residences. The larger unit has three bedrooms and two bathrooms; the second has one bedroom and one bathroom. Construction is concrete block, with laminate flooring, a shingle roof, central electric heating and central air conditioning. Public water and sewer serve the property.
The property is in Miami, Florida, ZIP code 33133, with access to major roadways, shopping, dining and business districts. Both units are tenant-occupied under a lease that runs through June 2027.
The property is in Miami, Florida, ZIP code 33133, with access to major roadways, shopping, dining and business districts. Both units are tenant-occupied under a lease that runs through June 2027.
Key Highlights
- Two residences with a 3‑bedroom, 2‑bathroom unit and a 1‑bedroom, 1‑bathroom unit
- 1,302 square feet
- Both units tenant‑occupied; lease through June 2027
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,112
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$522,240
$522.2K
Cap Rate 7%
$373,029
$373.0K
Cap Rate 9%
$290,133
$290.1K
Market Conditions
NOI Build-Up for 1,302 SF
Gross rent
$39.8K $30.60/SF
− Vacancy
−$2.5K −$1.95/SF
EGI
$37.3K $28.65/SF
− OpEx
−$11.2K −$8.60/SF
NOI
$26.1K $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%
$522,240
Cap Rate 7%
$373,029
Cap Rate 9%
$290,133
Alternative Uses
Best Use
Multifamily LT 5
$373.0K
$326.4K – $435.2K
NOI $26,112 @ 7.0% cap · market cap 3.28%
Second Best
Apartment 5plus
$343.6K
$300.7K – $400.9K
NOI $24,052 @ 7.0% cap · market cap 3.03%
Theoretical Best
Specialty Retail
$878.9K
$769.0K – $1.03M
NOI $61,520 @ 7.0% cap · market cap 7.74%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
6,090
Businesses Nearby
Explore this area
Business Placement
Demographics for 33133, FL
34,141
Population
17,235
Households
2
Avg Household Size
43
Median Age
62%
College-Educated
95%
High-School Grad
4.2 sq mi
ZIP Area
8,129
Density / Sq Mi
$92,734
Median Household Income
$58,233
Median Earnings
$1,945
Median Rent
$906,800
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?
Duplex - Both residences are occupied under a lease extending through June 2027.
Where is this duplex located?
The property is located at 2633 SW 34th Ave Miami, FL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two residences with a 3‑bedroom, 2‑bathroom unit and a 1‑bedroom, 1‑bathroom unit; 1,302 square feet; Both units tenant‑occupied; lease through June 2027
