1119 SW 9th St, Miami, FL 33130 — MLS photo

Active · SingleFamilyResidence

$1,500,000

1119 SW 9th St, Miami, FL 33130

Beds: 3
Baths: 2
Living area: 1,451 sq ft
$ / sq ft: $1,034/sq ft
Year built: 1935
Lot size: 7,500 sq ft
HOA fee: —
Annual tax: $13,476

About this property

Excellent opportunity to acquire 7,500 SF development lot in the desirable West Brickell area. The property is zoned T4-O, allowing multifamily or mixed-use developed by right. Centrally located with access to Brickell, Downtown Mir major highways, and public transportation. Ideal for investor developers seeking to build in on Miami's most dynamic neighborhoods.

Property location

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1119 SW 9th St, Miami, FL 33130

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Facts & features

Interior

Bedrooms: 3
Bathrooms: 2
Living area: 1,451 sq ft
Flooring: Laminate, Tile
Appliances: Dryer, Electric Range, Refrigerator, Washer
Cooling: Central Air
Heating: Central
Interior features: Bedroom On Main Level, Dining Area, Separate Formal Dining Room, First Floor Entry, Jetted Tub, Shower Only

Exterior & Structure

Property type: SingleFamilyResidence
Year built: 1935
Lot size: 7,500 sq ft
Architectural style: Detached, One Story
Roof: Shingle
Construction: Block
Exterior features: Fence, Fruit Trees, Room For Pool
Pool: None
View: Garden

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: Driveway

HOA, Community & Financials

Annual tax: $13,476
Subdivision: LAWRENCE EST LAND COS SUB
County: Miami-Dade
Days on market: 10
MLS listing ID: A11944463
Listing status: Active

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Yield & ROI calculator

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

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Estimated monthly cash flow

-$3,045

Cap rate: 3.3%
Net yield: 3.3%
Cash-on-cash return: -8.7%
Gross yield: 5.4%
Mortgage payment: $7,111/mo
Down payment: $375,000
Loan amount: $1,125,000
Annual NOI: $48,784

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