2235 SW 15th St, Miami, FL 33145 — MLS photo

Get More Info About This Property

2235 SW 15th St, Miami, FL 33145

Active · SingleFamilyResidence

$895,000

2235 SW 15th St, Miami, FL 33145

Beds
4
Baths
3
Living area
1,618 sq ft
$ / sq ft
$553/sq ft
Year built
1924
Lot size
5,895 sq ft
HOA fee
—
Annual tax
$10,257

About this property

Renovation-In-Progress with Approved Plans & Permits! Price reflects finished house but buyer can purchase as-is and take over a partially completed renovation in one of Miami’s top neighborhoods . Originally a duplex, it’s mid-conversion into a spacious single-family home with approved plans, open permits, and major work already done. A brand-new permitted pool is in place, and all finishes, fixtures, and materials have been purchased and are on-site, ready for installation — saving time and avoiding material delays. Zoned T3-O for flexibility: continue as single-family or revert to duplex for rental income. Select photos are virtually renovated to show potential. Finish to your taste and maximize value in a high-demand area. Shown by appointment only.

Interior & exterior features

Appliances

  • Dryer
  • Dishwasher
  • Electric Range
  • Electric Water Heater
  • Refrigerator
  • Washer

Cooling

  • Central Air

Heating

  • Central

Views

  • None

Parking

  • Driveway
  • Guest

Interior features

  • Bedroom On Main Level
  • Bathtub
  • First Floor Entry
  • Walk In Closets

Exterior features

  • Security High Impact Doors
  • Porch

Pool

  • In Ground
  • Pool

Flooring

  • Hardwood
  • Porcelain Tile
  • Tile
  • Wood

roof

  • Shingle

construction

  • CBSConcrete Block Structure
  • Block

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

-$783

Cap rate
4.6%
Net yield
4.6%
Cash-on-cash return
-3.7%
Gross yield
7.2%
Mortgage payment
$4,243/mo
Down payment
$223,750
Loan amount
$671,250
Annual NOI
$41,517

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