Versatile Duplex Investment
3630 Southwest 87th Avenue Miami, FL 33165
3630 Southwest 87th Avenue, Miami, FL, 33165
$1,150,000
For Sale
$1,150,000
Duplex for sale featuring a 4/2 unit and a 2/1 unit configuration.
Property Size2,150 SF
Price / SF$534.88
Days on Market94
Property Features for 3630 Southwest 87th Avenue
General Information
- Standard status
- Active
- Size
- 2,150 SF
- Property subtype
- Multi-Family Income / Duplex
Building Details
- Year Built
- 1975
Listing agency
My Realty Group, LLC.
(786) 847-7421
Listed by
Hugo Lopez Diaz · License #3309360
(786) 847-7421
Source
Compass
Added: Apr 20 Updated: Jul 21 at 7:55AM Checked: Jul 22 at 10:48AM
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 My Realty Group, LLC.
Investment Insights
Based on property information with market context.
This duplex offers a versatile residential income configuration with two separate units: one 4/2 layout and one 2/1 layout. The property is presented as an investment opportunity with potential rental income through the existing unit mix.
The address is 3630 Southwest 87th Avenue, Miami, FL 33165.
The building’s income-producing design is centered on the two-unit layout, which may appeal to buyers seeking a multifamily property with both a larger and a smaller unit configuration.
The address is 3630 Southwest 87th Avenue, Miami, FL 33165.
The building’s income-producing design is centered on the two-unit layout, which may appeal to buyers seeking a multifamily property with both a larger and a smaller unit configuration.
Key Highlights
- Duplex built in 1975
- 4/2 unit layout
- 2/1 unit layout
Local 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 | $65.8k | $30.60 |
| − Vacancy | −$4.2k | −$1.95 |
| EGI | $61.6k | $28.65 |
| − OpEx | −$18.5k | −$8.60 |
| NOI | $43.1k | $20.06 |
2,150 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$616.0K
$539.0K – $718.7K
NOI $43,119 @ 7.0% cap · market cap 3.75%
Second Best
Apartment 5plus
$567.4K
$496.5K – $662.0K
NOI $39,718 @ 7.0% cap · market cap 3.45%
Theoretical Best
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,588 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex for sale featuring a 4/2 unit and a 2/1 unit configuration.
Where is this duplex located?
The property is located at 3630 Southwest 87th Avenue Miami, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Duplex built in 1975; 4/2 unit layout; 2/1 unit layout
