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Turnkey Renovated Triplex with Coin Laundry

9415 & 9417 A & B SW 38th St Miami, FL 33165

New
9415 & 9417 A & B SW 38th St, Miami, FL, 33165
$1,300,000
For Sale
Claim this Listing
$1,300,000

MULTI_FAMILY - Miami, FL

Property Size2,612 SF
Lot Size0.24 Acres
Price / SF$497.70
AddedJul 10
Days on Market6
Last RefreshJul 15 at 6:06 am

Property Features for 9415 & 9417 A & B SW 38th St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Rooms
Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 2, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 1, Bedroom 4, Bedroom 3
Parking
6
Standard status
Active
APN
30-40-16-000-0081
Size
2,612 SF
Lot size
0.24 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
16 54 40 .24 AC W75FT OF E180FT OF S1/2 OF S1/2 OF N1/2 OF SW1/4 OF SW1/4 LESS S25FT FOR ST LOT SIZE 75.000 X 140 OR 17459-0981 1196 1
Tax Annual Amount
10864

Utilities

Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1955
Floors in Building
1
Flooring type
Tile
Building materials
Block
Roof type
Shingle

Listing agent Thomas McDaniel License #3251605

Listing office Real Estate Sales Force 814 Ponce De Leon Blvd Suite 503, Coral Gables, FL

Listing date Jul 10, 2026

MLS# A12051410 Listing URL

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.

Completely renovated and freshly painted triplex located at 9415 & 9417 (A & B) SW 38th St in Miami. The property features three residential units: one 3-bedroom/1-bath residence, one 2-bedroom/2-bath residence, and one 1-bedroom/1-bath residence. An additional convenience and income feature is a coin-operated washing machine on-site.

The triplex sits on an oversized 10,500 SF lot with ample on-site parking. The property also offers convenient access to major expressways, along with shopping, dining, and everyday amenities.

Showings are by appointment only—please respect tenant privacy and do not disturb occupants. Contact the listing agent for access details.

Key Highlights

  • Income‑producing triplex with 3 rental units: 3BD/1BA, 2BD/2BA, and 1BD/1BA
  • Completely renovated and freshly painted; additional coin‑operated washing machine for added tenant convenience
  • Oversized 10,500 SF lot with ample on‑site parking

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 $79.9k $30.60
− Vacancy −$5.1k −$1.95
EGI $74.8k $28.65
− OpEx −$22.5k −$8.60
NOI $52.4k $20.06
2,612 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$748.4K
$654.8K – $873.1K (±1% cap)
NOI $52,385 @ 7.0% cap · market cap 4.03%
Second Best
Apartment 5plus
$689.3K
$603.2K – $804.2K (±1% cap)
NOI $48,253 @ 7.0% cap · market cap 3.71%
Theoretical Best
Specialty Retail
$1.76M
$1.54M – $2.06M (±1% cap)
NOI $123,418 @ 7.0% cap · market cap 9.49%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Parking Lot & Garage Law Firm Grocery & Convenience Store Cafe & Coffee Shop Bar & Pub Pet Grooming Service Catering Service (Bike/Boat/Book/etc) Store Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Completely renovated triplex with three units, ample on-site parking, and a coin-operated laundry machine for added income.
Where is this triplex located?
The property is located at 9415 & 9417 A & B SW 38th St Miami, FL.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Income‑producing triplex with 3 rental units: 3BD/1BA, 2BD/2BA, and 1BD/1BA; Completely renovated and freshly painted; additional coin‑operated washing machine for added tenant convenience; Oversized 10,500 SF lot with ample on‑site parking
Contact an agent
More about this property
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