Two-Unit
New
For Sale
$724,900
9283 SW 39th St, Miami, FL 33165
Residential Income, Miami, FL
Property Size1,335 SF
Price / SF$542
Days on Market1
Property Features for 9283 SW 39th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
4
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 1
Parking
6
Subdivision
CENTRAL HEIGHTS ADDN NO 1
Lot features
1/4 to 1/2 Acre Lot
Standard status
Active
APN
30-40-16-006-0350
Size
1,335 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
16 54 40 PB 24-14 CENTRAL HGTS ADDN NO 1 LOT 14 BLK 8 LOT SIZE 50.000 X 140 OR 14892-2465 0191 1
Tax Annual Amount
6913
Legal Description
16 54 40 PB 24-14 CENTRAL HGTS ADDN NO 1 LOT 14 BLK 8 LOT SIZE 50.000 X 140 OR 14892-2465 0191 1
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Wall Furnace
Cooling system
Window Unit(s), Wall/Window Unit(s)
Building Details
Year built
1961
Floors in Building
1
Flooring type
Tile - Ceramic
Building materials
CBS (Concrete Block Structure), Block
Listing Agency:
Genesis Realty Services Inc.
(305) 823-6124
Listed By:
Judith Taveras · License #0697161
(305) 308-2230
Added: Oct 22
Last Checked: Oct 22 at 10:06PM
MLS# A11999003
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.
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Investment Insights
Based on property information with market context.
This 1,335-square-foot duplex contains two units, each arranged with two bedrooms and one bathroom. Built in 1961 with concrete-block construction, the property has ceramic tile flooring, wall-furnace heating, and window-unit cooling. Electrical work has been completed throughout, including installation of new panels and electric meters. The metal roof is new, and plumbing work was completed in the front unit.
The property is served by a septic tank, and cable is available.
The property is served by a septic tank, and cable is available.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,335 square feet of property size
- Electrical upgrades throughout, including new panels and electric meters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,774
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$535,480
$535.5K
Cap Rate 7%
$382,486
$382.5K
Cap Rate 9%
$297,489
$297.5K
Market Conditions
NOI Build-Up for 1,335 SF
Gross rent
$40.9K $30.60/SF
− Vacancy
−$2.6K −$1.95/SF
EGI
$38.2K $28.65/SF
− OpEx
−$11.5K −$8.60/SF
NOI
$26.8K $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%
$535,480
Cap Rate 7%
$382,486
Cap Rate 9%
$297,489
Alternative Uses
Best Use
Multifamily LT 5
$382.5K
$334.7K – $446.2K
NOI $26,774 @ 7.0% cap · market cap 3.69%
Second Best
Apartment 5plus
$352.3K
$308.3K – $411.0K
NOI $24,662 @ 7.0% cap · market cap 3.40%
Theoretical Best
Specialty Retail
$901.1K
$788.5K – $1.05M
NOI $63,079 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,241
Businesses Nearby
Explore this area
Business Placement
Demographics for 33165, FL
54,070
Population
17,813
Households
3
Avg Household Size
47
Median Age
28%
College-Educated
82%
High-School Grad
7.5 sq mi
ZIP Area
7,209
Density / Sq Mi
$84,086
Median Household Income
$41,657
Median Earnings
$1,796
Median Rent
$476,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Both units offer a two-bedroom, one-bathroom layout, with electrical upgrades completed throughout.
Where is this duplex located?
The property is located at 9283 SW 39th St Miami, FL.
What is the asking price?
The asking price for this property is $724,900.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,335 square feet of property size; Electrical upgrades throughout, including new panels and electric meters
