4-Unit Quadplex with Two
905 SW 13th Ct, Miami, FL 33135
For Sale
$2,200,000
Four separately metered residences are arranged across two buildings, with some furnishings included.
Property Size3,400 SF
Price / SF$647.06
Days on Market22
Property Features for 905 SW 13th Ct
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Utilities to Site
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Furnished
Taxes and HOA fees
Annual Taxes
Amenities
backyard
Balcony
Fruit Trees
Lighting
Patio
Security/High Impact Doors
Building Details
Building Size
Year Built
Year Renovated
Buildings
Stories
Listing Agency:
Ugarit Realty
(305) 705-6097
Listed By:
Domingo Hernandez · License FL #3155727
(305) 744-6930
Source:
Futureoptionrealty
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 9 at 7:21PM
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 Ugarit Realty
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Investment Insights
Based on property information with market context.
This quadplex comprises four units in two separate buildings. The property measures 3,400 square feet and was built in 1935, with remodeling completed in 2025. It is partially furnished, and each residence has its own electric meter. A backyard is also part of the property.
The property is within walking distance of Calle Ocho, including its restaurants, shops, and cultural attractions, and a short drive from Downtown Miami.
The property is within walking distance of Calle Ocho, including its restaurants, shops, and cultural attractions, and a short drive from Downtown Miami.
Key Highlights
- Four units across two separate buildings
- 3,400‑square‑foot property, built in 1935 and remodeled in 2025
- Four individual electric meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,189
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,363,780
$1.4M
Cap Rate 7%
$974,129
$974.1K
Cap Rate 9%
$757,656
$757.7K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$104.0K $30.60/SF
− Vacancy
−$6.6K −$1.95/SF
EGI
$97.4K $28.65/SF
− OpEx
−$29.2K −$8.60/SF
NOI
$68.2K $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%
$1,363,780
Cap Rate 7%
$974,129
Cap Rate 9%
$757,656
Alternative Uses
Best Use
Multifamily LT 5
$974.1K
$852.4K – $1.14M
NOI $68,189 @ 7.0% cap · market cap 3.10%
Second Best
Apartment 5plus
$897.3K
$785.1K – $1.05M
NOI $62,810 @ 7.0% cap · market cap 2.86%
Theoretical Best
Specialty Retail
$2.30M
$2.01M – $2.68M
NOI $160,652 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
4
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,360
Businesses Nearby
Explore this area
Business Placement
Demographics for 33135, FL
36,232
Population
15,922
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
70%
High-School Grad
2.1 sq mi
ZIP Area
17,253
Density / Sq Mi
$37,757
Median Household Income
$28,850
Median Earnings
$1,315
Median Rent
$396,700
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in Miami, FL
Properties on Market for Quadplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - Four separately metered residences are arranged across two buildings, with some furnishings included.
Where is this quadplex located?
The property is located at 905 SW 13th Ct Miami, FL.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Four units across two separate buildings; 3,400‑square‑foot property, built in 1935 and remodeled in 2025; Four individual electric meters
