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2930 Southwest 11th Street, Miami, FL, 33135
Centrally Located Duplex

2930 Southwest 11th Street Miami, FL 33135

For Sale
$995,000

Built in 2010, this duplex offers two units with dedicated two parking spaces each.

Property Size1,986 SF
Price / SF$501.01
Days on Market210

Property Features for 2930 Southwest 11th Street

General Information

Standard status
Active
Size
1,986 SF
Property subtype
Multi-Family Income / Duplex

Building Details

Year Built
2010
Listing Agency: One Sotheby's International Realty
Listed By: Silvia Yaniz · License #3110009
Source: Compass
Added: Dec 26, 2025 Changed: Jul 23 Last Checked: Jul 23 at 10:05AM

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 One Sotheby's International Realty


Investment Insights

Based on property information with market context.

This centrally located duplex includes a front unit with 2 bedrooms and 1.5 bathrooms and a back unit with 3 bedrooms and 2 bathrooms. The property was built in 2010 and has undergone numerous upgrades, including new HVAC units installed in 2021, fresh interior and exterior paint, and updated finishes such as stainless-steel appliances, bathroom vanities, shower heads and fixtures, door handles and locks, and additional HVAC-related components. Both units also feature parking at the front, with ample parking providing two parking spaces per unit.

The front and back units are leased through August 2026. The front unit is leased for $2,200 and the back unit for $2,800.

The property is positioned for an investor looking for established income, with tenants noted as having a history of 15+ years.

Key Highlights

  • Duplex built in 2010 with two units and ample front parking, giving each unit two parking spaces.
  • Front unit offers 2 bedrooms and 1.5 bathrooms with lots of natural light.
  • Back unit offers 3 bedrooms and 2 bathrooms plus a spacious backyard.

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 $60.8k $30.60
− Vacancy −$3.9k −$1.95
EGI $56.9k $28.65
− OpEx −$17.1k −$8.60
NOI $39.8k $20.06
1,986 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$569.0K
$497.9K – $663.8K (±1% cap)
NOI $39,830 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$524.1K
$458.6K – $611.5K (±1% cap)
NOI $36,688 @ 7.0% cap · market cap 3.69%
Theoretical Best
Specialty Retail
$1.34M
$1.17M – $1.56M (±1% cap)
NOI $93,839 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Carpet & Flooring Store Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic Pet Store & Service (Bike/Boat/Book/etc) Store Restaurant Tanning Salon Buffet

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Built in 2010, this duplex offers two units with dedicated two parking spaces each.
Where is this duplex located?
The property is located at 2930 Southwest 11th Street Miami, FL.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Duplex built in 2010 with two units and ample front parking, giving each unit two parking spaces.; Front unit offers 2 bedrooms and 1.5 bathrooms with lots of natural light.; Back unit offers 3 bedrooms and 2 bathrooms plus a spacious backyard.
More about this property
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