Two-Unit
2815 SW 36th Ave, Miami, FL 33133
For Sale
$1,100,000
Residential Income, Miami, FL
Property Size2,554 SF
Price / SF$430.70
Days on Market47
Property Features for 2815 SW 36th Ave
General Information
Property type
Property subtype
Zoning description
Bedrooms
Full bathrooms
Rooms
Parking
Subdivision
Lot features
Directions
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
Compass Florida, LLC
(305) 697-5402
Listed By:
Gerardo Gonzalez · License FL #3337841
(305) 964-8614
Added: Sep 30
Changed: Nov 10
Last Checked: Nov 15 at 4:06PM
MLS# A12098304
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.
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Investment Insights
Based on property information with market context.
This 2,554-square-foot duplex contains two residences: one with three bedrooms and two bathrooms, and another with two bedrooms and one bathroom. The smaller unit is occupied by a long-term tenant. The property was built in 1966 and has a metal roof, central air conditioning, and electric central heating. A newer roof and air-conditioning system are also noted.
Douglas Park is within walking distance, while Merrick Park and CocoWalk are a short drive away. Public water and sewer serve the property.
Douglas Park is within walking distance, while Merrick Park and CocoWalk are a short drive away. Public water and sewer serve the property.
Key Highlights
- 2,554 square feet across two residences
- Unit mix: 3‑bedroom/2‑bath and 2‑bedroom/1‑bath
- One residence has a long‑term tenant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,222
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,024,440
$1.0M
Cap Rate 7%
$731,743
$731.7K
Cap Rate 9%
$569,133
$569.1K
Market Conditions
NOI Build-Up for 2,554 SF
Gross rent
$78.2K $30.60/SF
− Vacancy
−$5.0K −$1.95/SF
EGI
$73.2K $28.65/SF
− OpEx
−$22.0K −$8.60/SF
NOI
$51.2K $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%
$1,024,440
Cap Rate 7%
$731,743
Cap Rate 9%
$569,133
Alternative Uses
Best Use
Multifamily LT 5
$731.7K
$640.3K – $853.7K
NOI $51,222 @ 7.0% cap · market cap 4.66%
Second Best
Apartment 5plus
$674.0K
$589.8K – $786.4K
NOI $47,181 @ 7.0% cap · market cap 4.29%
Theoretical Best
Specialty Retail
$1.72M
$1.51M – $2.01M
NOI $120,678 @ 7.0% cap · market cap 10.97%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
3,604
Businesses Nearby
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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
$906,800
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Miami, FL
Properties on Market for Duplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Separate residences provide distinct layouts, including a larger three-bedroom home and a smaller two-bedroom unit.
Where is this duplex located?
The property is located at 2815 SW 36th Ave Miami, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2,554 square feet across two residences; Unit mix: 3‑bedroom/2‑bath and 2‑bedroom/1‑bath; One residence has a long‑term tenant
