Remodeled Duplex with Impact
New
For Sale
$680,000
7550 SW 35th Street, Miami, FL 33155
A circular driveway and backyard add outdoor space and on-site vehicle accommodation.
Property Size1,738 SF
Days on Market7
Property Features for 7550 SW 35th Street
General Information
Standard status
Active
Size
1,738 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$2,201
Building Details
Building Size
1,738 SF
Year Built
1952
Listing Agency:
Rueda Signature Real Estate
Listed By:
Maria E Rueda · License #3371745
(786) 563-5011
Source:
Silverleafrealtygroup
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 7 at 5:42PM
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 Rueda Signature Real Estate
Investment Insights
Based on property information with market context.
This duplex, built in 1952, has been remodeled and includes impact windows. Its living areas are described as spacious, with a backyard and circular driveway providing additional outdoor space and on-site parking capacity. The property has no HOA.
At 7550 SW 35th Street in Miami, the property is located near restaurants.
At 7550 SW 35th Street in Miami, the property is located near restaurants.
Key Highlights
- Remodeled duplex with impact windows
- Built in 1952
- Circular driveway provides on‑site parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,857
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$697,140
$697.1K
Cap Rate 7%
$497,957
$498.0K
Cap Rate 9%
$387,300
$387.3K
Market Conditions
NOI Build-Up for 1,738 SF
Gross rent
$53.2K $30.60/SF
− Vacancy
−$3.4K −$1.95/SF
EGI
$49.8K $28.65/SF
− OpEx
−$14.9K −$8.60/SF
NOI
$34.9K $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%
$697,140
Cap Rate 7%
$497,957
Cap Rate 9%
$387,300
Alternative Uses
Best Use
Multifamily LT 5
$498.0K
$435.7K – $581.0K
NOI $34,857 @ 7.0% cap · market cap 5.13%
Second Best
Apartment 5plus
$458.7K
$401.3K – $535.1K
NOI $32,107 @ 7.0% cap · market cap 4.72%
Theoretical Best
Specialty Retail
$1.17M
$1.03M – $1.37M
NOI $82,121 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,787
Businesses Nearby
Explore this area
Business Placement
Demographics for 33155, FL
43,695
Population
16,046
Households
2.7
Avg Household Size
45
Median Age
37%
College-Educated
85%
High-School Grad
7.4 sq mi
ZIP Area
5,905
Density / Sq Mi
$79,271
Median Household Income
$41,919
Median Earnings
$1,871
Median Rent
$505,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - A circular driveway and backyard add outdoor space and on-site vehicle accommodation.
Where is this duplex located?
The property is located at 7550 SW 35th Street Miami, FL.
What is the asking price?
The asking price for this property is $680,000.
What are key features of this property?
This property features: Remodeled duplex with impact windows; Built in 1952; Circular driveway provides on‑site parking
