Duplex Townhome
2887 SW 33rd Ave Miami, FL 33133
For Sale
Contact for pricing
Pending
Built in 2020 duplex with two mirror-image townhomes, each featuring enclosed patios and long-term tenant occupancy through 2026.
Property Size5,000 SF
Days on Market56
Property Features for 2887 SW 33rd Ave
General Information
- Standard status
- Pending
- Size
- 5,000 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2020
Listing Agency:
The Beracha Team LLC
Listed By:
Francis Beracha · License #3315360
Source:
Crexi
Added: May 30
Changed: Jul 10
Last Checked: Jul 23 at 4:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Beracha Team LLC
Investment Insights
Based on property information with market context.
Built in 2020, this duplex property consists of two mirror-image townhomes, each approximately 2,500 square feet. The layout includes four bedrooms and four bathrooms per unit, with three rooms configured as en-suites. Each townhome also offers a kitchen and foyer, along with a laundry room/storage area. Large walk-in closets are included throughout, and each unit features an enclosed patio.
Both units are currently rented through the end of July 2026, with lease-end dates of June 30, 2026 and July 31, 2026. The property includes parking for up to four cars per side, with additional space described on the swale area. Owner does not pay utilities, including water, sewer, trash, or electricity; the owner pays lawn care, pest control, and taxes. The location is described as within walking distance to major stores, Coconut Grove, the Underline, and the new Grove Central, with the address at 2887 SW 33rd Ave, Miami, FL 33133.
This offering is positioned for buyers seeking a residential income duplex with four-bedroom, four-bath configurations and enclosed patios in each unit, supported by established tenant occupancy. Prospective purchasers should be prepared to provide a pre-approval, proof of funds, or 1031 exchange information, along with buyer ID, for showings.
Both units are currently rented through the end of July 2026, with lease-end dates of June 30, 2026 and July 31, 2026. The property includes parking for up to four cars per side, with additional space described on the swale area. Owner does not pay utilities, including water, sewer, trash, or electricity; the owner pays lawn care, pest control, and taxes. The location is described as within walking distance to major stores, Coconut Grove, the Underline, and the new Grove Central, with the address at 2887 SW 33rd Ave, Miami, FL 33133.
This offering is positioned for buyers seeking a residential income duplex with four-bedroom, four-bath configurations and enclosed patios in each unit, supported by established tenant occupancy. Prospective purchasers should be prepared to provide a pre-approval, proof of funds, or 1031 exchange information, along with buyer ID, for showings.
Key Highlights
- Duplex built in 2020 with 2,500 sq. ft on each side (two mirror‑image townhomes).
- Each townhome has 4 bedrooms and 4 bathrooms, with 3 en‑suites plus a laundry room/storage area.
- Enclosed patio in each townhome and large walk‑in closets.
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.0k | $30.60 |
| − Vacancy | −$9.7k | −$1.95 |
| EGI | $143.3k | $28.65 |
| − OpEx | −$43.0k | −$8.60 |
| NOI | $100.3k | $20.06 |
5,000 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.43M
$1.25M – $1.67M
NOI $100,278 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$1.32M
$1.15M – $1.54M
NOI $92,367 @ 7.0% cap · market cap 3.70%
Theoretical Best
Specialty Retail
$3.38M
$2.95M – $3.94M
NOI $236,252 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Astorium Investments CA ...
Big Box & Wholesale Store
FAQs
What type of property is this?
Duplex - Built in 2020 duplex with two mirror-image townhomes, each featuring enclosed patios and long-term tenant occupancy through 2026.
Where is this duplex located?
The property is located at 2887 SW 33rd Ave Miami, FL.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Duplex built in 2020 with 2,500 sq. ft on each side (two mirror‑image townhomes).; Each townhome has 4 bedrooms and 4 bathrooms, with 3 en‑suites plus a laundry room/storage area.; Enclosed patio in each townhome and large walk‑in closets.
