Remodeled Two-Unit
New
For Sale
$1,100,000
2935 SW 35th Ave, Miami, FL 33133
Residential Income, Miami, FL
Property Size2,717 SF
Price / SF$404.86
Days on Market2
Property Features for 2935 SW 35th Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
6
Full bathrooms
4
Rooms
Bedroom 4, Bathroom 4, Bedroom 1, Bathroom 1, Bathroom 3, Bedroom 3, Bedroom 5, Bathroom 2, Bedroom 6, Bedroom 2
Parking
4
Subdivision
OVERBROOK PARK
Lot features
< 1/4 Acre
Standard status
Active
APN
01-41-16-019-1420
Size
2,717 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
OVERBROOK PARK PB 3-206 LOT 14 BLK 16 LOT SIZE 50.000 X 145 OR 14054-3361 0389 1
Tax Annual Amount
760
Legal Description
OVERBROOK PARK PB 3-206 LOT 14 BLK 16 LOT SIZE 50.000 X 145 OR 14054-3361 0389 1
Utilities
Heating system
Electric (Heating), Central
Cooling system
Electric, Central Air
Amenities
updated kitchens
stainless steel appliances
new flooring
remodeled bathrooms
washer and dryer
cozy backyard
Building Details
Year built
1985
Floors in Building
1
Flooring type
Vinyl
Building materials
CBS (Concrete Block Structure), Block
Roof type
Barrel
Listing Agency:
Keller Williams Eagle Realty · Keller Williams Realty
(305) 757-1700
Listed By:
Daniela Ferraro · License #3366721
(305) 219-5787
Added: Oct 15
Last Checked: Oct 16 at 7:06AM
MLS# A12103372
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 2,717-square-foot duplex, built in 1985, contains two separate residences, each with three bedrooms and two bathrooms. Both units have remodeled kitchens with stainless steel appliances, updated bathrooms, vinyl flooring, and individual washers and dryers. Central air conditioning and electric heat serve the property, which is constructed with concrete block.
Each residence has separate water and electric meters and two front parking spaces. The units are currently vacant. The property is in Miami, with access to US-1 and the Metrorail; Coconut Grove, Coral Gables, Little Havana, Brickell, and Downtown Miami are among the named nearby areas. The property is described as outside a flood zone.
Each residence has separate water and electric meters and two front parking spaces. The units are currently vacant. The property is in Miami, with access to US-1 and the Metrorail; Coconut Grove, Coral Gables, Little Havana, Brickell, and Downtown Miami are among the named nearby areas. The property is described as outside a flood zone.
Key Highlights
- Two residences, each with 3 bedrooms and 2 bathrooms
- 2,717 square feet; built in 1985
- Both units have updated kitchens with stainless steel appliances and remodeled bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,491
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,089,820
$1.1M
Cap Rate 7%
$778,443
$778.4K
Cap Rate 9%
$605,456
$605.5K
Market Conditions
NOI Build-Up for 2,717 SF
Gross rent
$83.1K $30.60/SF
− Vacancy
−$5.3K −$1.95/SF
EGI
$77.8K $28.65/SF
− OpEx
−$23.4K −$8.60/SF
NOI
$54.5K $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%
$1,089,820
Cap Rate 7%
$778,443
Cap Rate 9%
$605,456
Alternative Uses
Best Use
Multifamily LT 5
$778.4K
$681.1K – $908.2K
NOI $54,491 @ 7.0% cap · market cap 4.95%
Second Best
Apartment 5plus
$717.0K
$627.4K – $836.5K
NOI $50,192 @ 7.0% cap · market cap 4.56%
Theoretical Best
Specialty Retail
$1.83M
$1.60M – $2.14M
NOI $128,379 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,437
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are vacant and have individual utility meters, laundry appliances, and updated kitchens.
Where is this duplex located?
The property is located at 2935 SW 35th 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: Two residences, each with 3 bedrooms and 2 bathrooms; 2,717 square feet; built in 1985; Both units have updated kitchens with stainless steel appliances and remodeled bathrooms
