3-Unit Residential
New
For Sale
$799,000
9311 SW 37th St, Miami, FL 33165
Residential Income, Miami, FL
Property Size2,106 SF
Price / SF$379.39
Days on Market1
Property Features for 9311 SW 37th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning description
5700
Bedrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 2, Bathroom 1
Parking
4
Patio and Porch features
Patio, Porch
Exterior features
Balcony, Enclosed Porch, Fence, Outdoor Grill, Patio, Shed
Fencing
Fenced
Subdivision
CENTRAL HEIGHTS
Lot features
1/4 to 1/2 Acre Lot
Standard status
Active
APN
30-40-16-005-0640
Size
2,106 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
CENTRAL HGTS PB 14-22 LOT 23 BLK 3 LOT SIZE 50.000 X 140
Tax Annual Amount
6625
Legal Description
CENTRAL HGTS PB 14-22 LOT 23 BLK 3 LOT SIZE 50.000 X 140
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Cooling system
Wall/Window Unit(s), Central Air, Window Unit(s), Ceiling Fan(s)
Building Details
Year built
1963
Floors in Building
1
Flooring type
Tile, Terrazzo
Building materials
CBSConcreteBlockStructure, Block
Roof type
Concrete
Listing Agency:
Keller Williams Realty Premier Properties
(305) 595-2844
Listed By:
Delia Abreu PA · License #3007744
(305) 978-7710
Added: Oct 13
Last Checked: Oct 13 at 4:06AM
MLS# A11852709
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 2,106-square-foot residential property contains three units. The primary unit has one bedroom and one bathroom. A second unit can be arranged as either one bedroom and one bathroom or two bedrooms and one bathroom; the third has one bedroom, one bathroom, and a summer kitchen. The second and third units have been updated. Impact windows and doors, a patio, and a shed are among the property features.
Built in 1963, the property has open permits and code violations that the buyer will assume. The sale is cash only.
Built in 1963, the property has open permits and code violations that the buyer will assume. The sale is cash only.
Key Highlights
- Three residential units within 2,106 square feet
- Primary unit has 1 bedroom and 1 bathroom
- Second unit accommodates 1 bedroom/1 bathroom or 2 bedrooms/1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,237
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$844,740
$844.7K
Cap Rate 7%
$603,386
$603.4K
Cap Rate 9%
$469,300
$469.3K
Market Conditions
NOI Build-Up for 2,106 SF
Gross rent
$64.4K $30.60/SF
− Vacancy
−$4.1K −$1.95/SF
EGI
$60.3K $28.65/SF
− OpEx
−$18.1K −$8.60/SF
NOI
$42.2K $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%
$844,740
Cap Rate 7%
$603,386
Cap Rate 9%
$469,300
Alternative Uses
Best Use
Multifamily LT 5
$603.4K
$528.0K – $704.0K
NOI $42,237 @ 7.0% cap · market cap 5.29%
Second Best
Apartment 5plus
$555.8K
$486.3K – $648.4K
NOI $38,905 @ 7.0% cap · market cap 4.87%
Theoretical Best
Specialty Retail
$1.42M
$1.24M – $1.66M
NOI $99,509 @ 7.0% cap · market cap 12.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,334
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Three living units include updated interiors in two units and impact windows and doors.
Where is this triplex located?
The property is located at 9311 SW 37th St Miami, FL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Three residential units within 2,106 square feet; Primary unit has 1 bedroom and 1 bathroom; Second unit accommodates 1 bedroom/1 bathroom or 2 bedrooms/1 bathroom
