Income-Generating
621 SW 33RD AVENUE Miami, FL 33135
New
621 SW 33RD AVENUE, Miami, FL, 33135
$899,000
For Sale
$899,000
MULTI_FAMILY - Miami, FL
Property Size1,683 SF
Price / SF$534.17
Days on Market5
Property Features for 621 SW 33RD AVENUE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 4
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 2
- Parking
- 6
- Standard status
- Active
- APN
- 01-41-04-029-0250
- Size
- 1,683 SF
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- AUBURNDALE TAMIAMI TRAIL ADDN PB 15-36 LOT 434 LOT SIZE 50.000 X 115 OR 14408-794 0190 4
- Tax Annual Amount
- 7340
Utilities
- Utilities
- Cable Available
- Cooling system
- Central Air
Building Details
- Year built
- 1957
- Floors in Building
- 1
- Flooring type
- Tile
- Building materials
- Block
Listing agency
Luxe Properties
(305) 809-7650
Listed by
Karen Casanueva · License #3598403
(786) 365-1116
Added: Jul 18 Updated: Jul 20 at 2:59PM Checked: Jul 22 at 7:06AM
MLS# A11873548
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.
Investment Insights
Based on property information with market context.
This for-sale duplex offers an income-producing residential setup, with one unit already leased through July 2027. The seller is offering a credit at closing, which may help offset buyer costs.
Located at 621 SW 33RD AVENUE in Miami, Florida 33135 (Miami-Dade County). The property is listed for sale at $899,000 and includes 1,683 square feet.
If you are looking for a duplex with an existing in-place lease and a closing credit, this is worth a closer look.
Located at 621 SW 33RD AVENUE in Miami, Florida 33135 (Miami-Dade County). The property is listed for sale at $899,000 and includes 1,683 square feet.
If you are looking for a duplex with an existing in-place lease and a closing credit, this is worth a closer look.
Key Highlights
- Miami duplex built in 1957 with block construction
- One unit already leased through July 2027
- Central air cooling and tile flooring throughout
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 | $51.5k | $30.60 |
| − Vacancy | −$3.3k | −$1.95 |
| EGI | $48.2k | $28.65 |
| − OpEx | −$14.5k | −$8.60 |
| NOI | $33.8k | $20.06 |
1,683 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$482.2K
$421.9K – $562.6K
NOI $33,753 @ 7.0% cap · market cap 3.75%
Second Best
Apartment 5plus
$444.2K
$388.6K – $518.2K
NOI $31,091 @ 7.0% cap · market cap 3.46%
Theoretical Best
Specialty Retail
$1.14M
$994.0K – $1.33M
NOI $79,523 @ 7.0% cap · market cap 8.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex for sale with one unit leased through July 2027 and a seller credit available at closing.
Where is this duplex located?
The property is located at 621 SW 33RD AVENUE Miami, FL.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Miami duplex built in 1957 with block construction; One unit already leased through July 2027; Central air cooling and tile flooring throughout
