9424 - 9432 Carlyle Ave, Surfside, FL 33154 — MLS photo

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9424 - 9432 Carlyle Ave, Surfside, FL 33154

Active · SingleFamilyResidence

$4,250,000

9424 - 9432 Carlyle Ave, Surfside, FL 33154

Beds
6
Baths
4
Living area
— sq ft
$ / sq ft
—
Year built
1950
Lot size
11,200 sq ft
HOA fee
—
Annual tax
—

About this property

PRIME SURFSIDE DEVELOPMENT — VACANT POSSESSION IN ~45 DAYS Rare 11,200 SF double-lot assemblage on Carlyle Ave, one of Surfside's most desirable residential streets. Both parcels (9424 and 9432) sold together, marketed strictly for land value as a turnkey development opportunity for a 6,000+ SF custom luxury residence. The tenancy advantage: Both existing residences are on month-to-month tenancies. Under Florida Statute 83.57(3), a new owner can deliver written termination notice and take vacant possession within approximately 30–45 days of closing. No long-term leases, no eviction risk, no extended carrying costs — demo-ready, not tenant-entangled. Site & development: 11,200 SF combined lot 100' x 112' Folios: 14-2235-007-2250 & 14-2235-007-2260 Location: 2 blocks to Bal Harbour Shops, 3 blocks to Surfside Business District (Harding Ave), 5 blocks to the Atlantic Ocean, Walkable to Ruth K. Broad Bay Harbor K-8 Quiet, low-traffic residential street surrounded by recently built and renovated multi-million dollar estates. A clean, well-priced development play in one of South Florida's most supply-constrained luxury micro-markets. Do not disturb occupants. Showings by appointment only with 24 hours notice. Listing agent will accompany.

Property location

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9424 - 9432 Carlyle Ave, Surfside, FL 33154

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Facts & features

Interior

Bedrooms
6
Bathrooms
4

Exterior & Structure

Property type
SingleFamilyResidence
Year built
1950
Lot size
11,200 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11939536
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$8,318

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$20,147/mo
Down payment
$1,062,500
Loan amount
$3,187,500
Annual NOI
$141,950

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.