Duplex with Separate
For Sale
$899,000
2818 SW 2nd St, Miami, FL 33135
Residential Income, Miami, FL
Property Size2,262 SF
Price / SF$397.44
Days on Market82
Property Features for 2818 SW 2nd St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 4, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 1, Bathroom 4, Bathroom 2
Parking
6
Security features
Security
Patio and Porch features
Patio
Exterior features
Patio, Storm/Security Shutters
Subdivision
CENTRAL PARK
Lot features
< 1/4 Acre
Directions
Please use GPS
Standard status
Active
APN
01-41-03-040-1510
Size
2,262 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
3-4 54 41 CENTRAL PARK PB 5-57 LOT 11 BLK 9 LOT SIZE 50.000 X 150 OR 17524-3322 0297 5 COC 24517-3796 04 2006 1
Tax Annual Amount
8795
Legal Description
3-4 54 41 CENTRAL PARK PB 5-57 LOT 11 BLK 9 LOT SIZE 50.000 X 150 OR 17524-3322 0297 5 COC 24517-3796 04 2006 1
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
private backyard
private retreat
washer/dryer hookups
Building Details
Year built
1935
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle
Listing Agency:
The Keyes Company
(305) 531-5803
Listed By:
Daisy Goetz · License #3161393
(786) 487-5713
Added: Jul 18
Changed: Sep 12
Last Checked: Oct 7 at 10:06PM
MLS# A12046210
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 2,262-square-foot duplex contains two separate residential units. The front residence offers four bedrooms and two bathrooms with a private backyard, while the rear residence includes two bedrooms and two bathrooms with its own outdoor area. Each unit has a separate meter, and the main house includes washer and dryer hookups; the freestanding washer and dryer shown on site are excluded from the sale.
Built in 1935, the property features block construction, tile flooring, central heating, central air conditioning, a shingle roof, storm/security shutters, and a patio. Public sewer serves the property, and there is no HOA. The property is owner occupied, with showings requiring 48-hour notice and the listing agent present. Located at 2818 SW 2nd St in Miami, the property carries a 33135 ZIP code.
Built in 1935, the property features block construction, tile flooring, central heating, central air conditioning, a shingle roof, storm/security shutters, and a patio. Public sewer serves the property, and there is no HOA. The property is owner occupied, with showings requiring 48-hour notice and the listing agent present. Located at 2818 SW 2nd St in Miami, the property carries a 33135 ZIP code.
Key Highlights
- 2,262‑square‑foot duplex with two separate residential units
- Front unit: 4 bedrooms and 2 bathrooms; rear unit: 2 bedrooms and 2 bathrooms
- Separate meter serving each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,366
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$907,320
$907.3K
Cap Rate 7%
$648,086
$648.1K
Cap Rate 9%
$504,067
$504.1K
Market Conditions
NOI Build-Up for 2,262 SF
Gross rent
$69.2K $30.60/SF
− Vacancy
−$4.4K −$1.95/SF
EGI
$64.8K $28.65/SF
− OpEx
−$19.4K −$8.60/SF
NOI
$45.4K $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%
$907,320
Cap Rate 7%
$648,086
Cap Rate 9%
$504,067
Alternative Uses
Best Use
Multifamily LT 5
$648.1K
$567.1K – $756.1K
NOI $45,366 @ 7.0% cap · market cap 5.05%
Second Best
Apartment 5plus
$597.0K
$522.3K – $696.5K
NOI $41,787 @ 7.0% cap · market cap 4.65%
Theoretical Best
Specialty Retail
$1.53M
$1.34M – $1.78M
NOI $106,881 @ 7.0% cap · market cap 11.89%
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
2,494
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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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide distinct layouts, private outdoor areas, and individual utility metering.
Where is this duplex located?
The property is located at 2818 SW 2nd St Miami, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 2,262‑square‑foot duplex with two separate residential units; Front unit: 4 bedrooms and 2 bathrooms; rear unit: 2 bedrooms and 2 bathrooms; Separate meter serving each unit
