Renovated Triplex with Private
For Sale
$779,000
3315 SW 91st Avenue, Miami, FL 33165
Three-unit property with updated interiors, impact windows, and dedicated outdoor space for each unit.
Property Size2,354 SF
Price / SF$386.03
Days on Market49
Property Features for 3315 SW 91st Avenue
General Information
Standard status
Active
Size
2,354 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
5700
Taxes and HOA fees
Annual Taxes
$9,689
Amenities
impact windows
Central AC
mini-splits
private yard space
Building Details
Building Size
2,354 SF
Year Built
1955
Stories
1
Listing Agency:
Florida Premier Realty
Listed By:
Bryan Tirador · License #3231442
(305) 972-5290
Source:
Laerrealty
Added: Sep 13
Changed: Oct 25
Last Checked: Oct 30 at 11:36AM
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 Florida Premier Realty
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Investment Insights
Based on property information with market context.
This renovated triplex contains 2,018 square feet and was built in 1955. Improvements include updated kitchens, bathrooms, and flooring throughout, along with impact windows. The front unit has central AC, while the rear units use mini-split systems. Each unit includes its own private yard space, adding separate outdoor areas to the residential configuration.
The roof is approximately 3–4 years old. The property is located at 3315 SW 91st Avenue in Miami, Florida, and carries zoning designation 5700. The three-unit layout, recent improvements, and varied HVAC systems provide a straightforward multifamily configuration.
The roof is approximately 3–4 years old. The property is located at 3315 SW 91st Avenue in Miami, Florida, and carries zoning designation 5700. The three-unit layout, recent improvements, and varied HVAC systems provide a straightforward multifamily configuration.
Key Highlights
- Renovated 2,018‑square‑foot triplex
- Three residential units with private yard space for each
- Updated kitchens, bathrooms, and flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,472
Cap Rate
5.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$809,440
$809.4K
Cap Rate 7%
$578,171
$578.2K
Cap Rate 9%
$449,689
$449.7K
Market Conditions
NOI Build-Up for 2,018 SF
Gross rent
$61.8K $30.60/SF
− Vacancy
−$3.9K −$1.95/SF
EGI
$57.8K $28.65/SF
− OpEx
−$17.3K −$8.60/SF
NOI
$40.5K $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%
$809,440
Cap Rate 7%
$578,171
Cap Rate 9%
$449,689
Alternative Uses
Best Use
Multifamily LT 5
$578.2K
$505.9K – $674.5K
NOI $40,472 @ 7.0% cap · market cap 5.20%
Second Best
Apartment 5plus
$532.6K
$466.0K – $621.3K
NOI $37,279 @ 7.0% cap · market cap 4.79%
Theoretical Best
Specialty Retail
$1.36M
$1.19M – $1.59M
NOI $95,351 @ 7.0% cap · market cap 12.24%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,911
Businesses Nearby
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Business Placement
Demographics for 33165, FL
54,070
Population
17,813
Households
3
Avg Household Size
47
Median Age
28%
College-Educated
82%
High-School Grad
7.5 sq mi
ZIP Area
7,209
Density / Sq Mi
$84,086
Median Household Income
$41,657
Median Earnings
$1,796
Median Rent
$476,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with updated interiors, impact windows, and dedicated outdoor space for each unit.
Where is this triplex located?
The property is located at 3315 SW 91st Avenue Miami, FL.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: Renovated 2,018‑square‑foot triplex; Three residential units with private yard space for each; Updated kitchens, bathrooms, and flooring throughout
