450 SW 9th St, Miami, FL 33130
Fourplex, Quadruplex - Miami, FL
- Added:
- Jun 16, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 16 at 3:06 pm
Property Features for 450 SW 9th St
General Information
- Property type
- Residential
- Property subtype
- Quadruplex
- Zoning
- 3900
- Bedrooms
- 10
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 9
- Standard status
- Active
- APN
- 01-02-06-070-1080
- Size
- 4,484 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 16771
Utilities
- Heating system
- Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1975
- Building materials
- Block
- Roof type
- Barrel, Concrete
- Architectural style
- Other
Listing agent Miguel Solis License #0624178 (305) 695-6300
Listing office Douglas Elliman 1515 Sunset Dr # 10, Palm Beach, FL (305) 695-6300
Listing date Jun 16, 2026
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.
HighLights
- Fourplex custom‑built in 1975 with block construction and solid concrete design elements
- First‑floor owner unit offers approx. 2,000 SF with 4 bedrooms and 2.5 bathrooms plus formal living/dining
- Upper level includes three 2‑bedroom, 1‑bath units, each with expansive living and dining areas
- Original terrazzo flooring throughout the building; second‑floor construction is entirely of concrete
- Central heating and central air conditioning; electric cooling and electric heating
- Public water service and more than 9 parking spaces; roof includes barrel and concrete
Overview
Located at 450 SW 9th St in Miami (33130), the property is described as being in the West Brickell area, just south of Calle Ocho. The listing notes more than 9 parking spaces and proximity to Brickell, Downtown Miami, Coral Gables, and major transportation corridors.
The layout offers flexibility for an investor or owner-occupant, with the additional three units supporting a rental mix alongside a larger first-floor residence. The substantial unit sizes, concrete massing, and in-place finishes like terrazzo make it a straightforward option for buyers seeking a traditional fourplex configuration with on-site parking. Please do not disturb tenants; contact the listing agent for additional information and private showings.
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 | $137.2k | $30.60 |
| − Vacancy | −$8.7k | −$1.95 |
| EGI | $128.5k | $28.65 |
| − OpEx | −$38.5k | −$8.60 |
| NOI | $89.9k | $20.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.201786
- Latitude
- 25.764917
