450 SW 9th St, Miami, FL 33130
- Added:
- Jun 18, 2026
- Days on Market:
- 14
- Last Refresh:
- Jul 1 at 10:06 am
Property Features for 450 SW 9th St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Rooms
- Bedroom 1, Bedroom 5, Bedroom 10, Bedroom 6, Bathroom 1, Bathroom 5, Bathroom 6, Bedroom 8, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 7, Bathroom 3, Bedroom 4, Bedroom 9, Bedroom 3
- Parking
- 9
- Standard status
- Active Under Contract
- APN
- 01-02-06-070-1080
- Size
- 4,484 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CITY OF MIAMI SOUTH PB B-41 LOT 7 BLK 67 LOT SIZE 50.000 X 150 OR 20698-0546 09 2002 4
- Tax Annual Amount
- 16771
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1975
- Floors in Building
- 2
- Flooring type
- Terrazzo
- Building materials
- Block
- Roof type
- Barrel, Concrete
- Architectural style
- Other
Listing agent Miguel Solis License #0624178 (305) 343-9554
Listing office Douglas Elliman 1515 Sunset Dr # 10, Palm Beach, FL (305) 695-6060
Listing date Jun 18, 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
- Custom‑built fourplex in West Brickell (just south of Calle Ocho), built in 1975
- Solid concrete construction with block exterior; second floor is constructed entirely of concrete
- Owner’s unit on the first floor offers approximately 2,000 SF with 4 bedrooms and 2.5 bathrooms
- Upstairs layout includes three 2‑bedroom, 1‑bath units with large living and dining areas
- Original terrazzo flooring runs throughout the building; central heating and central air (electric)
- More than 9 parking spaces; public water and public sewer; cable available
Overview
The property is located at 450 SW 9th St in Miami, within the West Brickell area just south of Calle Ocho. Access is supported by more than nine parking spaces available on-site, with the building positioned minutes from Brickell, Downtown Miami, Coral Gables, and major transportation corridors.
For tenants, this layout provides multiple separate residential units within a single asset. For buyers and operators, the combination of a larger ground-floor unit and three additional upstairs units can support a practical live-and-rent model. The property is offered for sale with private showings arranged through the listing agent, and tenants should not be disturbed.
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
- -80.201784
- Latitude
- 25.764917
