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Renovated Duplex

30 SW 116th Avenue, Sweetwater, FL 33174

For Sale
$724,900

A three-bedroom, two-bath residence features updated systems, redesigned bathrooms, and a modern kitchen.

Property Size1,505 SF
Price / SF$481.66
Days on Market9

Property Features for 30 SW 116th Avenue

General Information

Standard status Active
Size 1,505 SF
Property subtype Duplex

Taxes and HOA fees

Annual Taxes $1,500

Building Details

Building Size 1,505 SF
Year Built 1984
Listing Agency: Aldecoa Realty, LLC
Listed By: Jorge L. Aldecoa · License #3326044
Source: Silverleafrealtygroup
Added: Oct 30 Changed: Nov 6 Last Checked: Nov 6 at 3:34PM

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 Aldecoa Realty, LLC

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Investment Insights

Based on property information with market context.

This duplex includes a 3-bedroom, 2-bathroom residence with 1,505 SF of living space. A 2026 renovation brought new porcelain flooring, oversized trim, designer lighting, and a kitchen with white oak cabinetry, quartz surfaces, wood slat details, and Samsung smart appliances. Both bathrooms were redesigned, and the home also received a new roof, impact windows and doors, HVAC, electrical panel, water heater, interior doors, and washer and dryer.

The exterior work includes new landscaping, a redesigned driveway, modern privacy fencing, and refreshed outdoor areas. The property has no HOA and is near FIU, shopping, dining, and major expressways. Built in 1984, it combines extensive interior and exterior updates with a broad range of replaced building systems.

Key Highlights

  • 3 bedrooms and 2 bathrooms across 1,505 SF
  • 2026 renovation with updated interior finishes and systems
  • Kitchen with white oak cabinetry, quartz surfaces, and Samsung smart appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,088
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,760 $501.8K
Cap Rate 7%
$358,400 $358.4K
Cap Rate 9%
$278,756 $278.8K
Market Conditions
NOI Build-Up for 1,505 SF
Gross rent
$37.9K $25.20/SF
− Vacancy
−$2.1K −$1.39/SF
EGI
$35.8K $23.81/SF
− OpEx
−$10.8K −$7.14/SF
NOI
$25.1K $16.67/SF
Area
Miami-Dade County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$501,760
Cap Rate 7%
$358,400
Cap Rate 9%
$278,756

Alternative Uses

Best Use
Multifamily LT 5
$358.4K
$313.6K – $418.1K (±1% cap)
NOI $25,088 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$330.7K
$289.3K – $385.8K (±1% cap)
NOI $23,146 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$763.5K
$668.1K – $890.8K (±1% cap)
NOI $53,448 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Location Intelligence

Trade Area within ½ mile

1,189
Businesses Nearby

Demographics for 33174, FL

32,962
Population
11,474
Households
2.9
Avg Household Size
42
Median Age
29%
College-Educated
75%
High-School Grad
3.1 sq mi
ZIP Area
10,633
Density / Sq Mi
$59,599
Median Household Income
$30,210
Median Earnings
$1,786
Median Rent
$379,000
Median Home Value

Market

Average Price Trend$/SF for Duplexes in Miami-Dade County, FL

$490 Jul
$477 Aug
$466 Sep
$472 Oct

Properties on Market for Duplexes in Miami-Dade County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A three-bedroom, two-bath residence features updated systems, redesigned bathrooms, and a modern kitchen.
Where is this duplex located?
The property is located at 30 SW 116th Avenue Sweetwater, FL.
What is the asking price?
The asking price for this property is $724,900.
What are key features of this property?
This property features: 3 bedrooms and 2 bathrooms across 1,505 SF; 2026 renovation with updated interior finishes and systems; Kitchen with white oak cabinetry, quartz surfaces, and Samsung smart appliances
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