Prime South Miami investment opportunity just 3 blocks from the University of Miami. Duplex on a 6,300 SF lot with potentially generating $7,000/month, new roof, updated plumbing, separate water/electric meters, and parking for approximately 9–10 vehicles. Multifamily zoning offers excellent redevelopment potential. Close to Coral Gables, Downtown South Miami, transit, and Sunset Place. 24-hour notice required.
Location, location, location! Rare multifamily opportunity on a spacious lot near Coral Gables and Nicklaus Children’s Hospital. The main residence offers three bedrooms, three bathrooms, a remodeled kitchen, generous living spaces, and a utility room. The upstairs apartment features two bedrooms, a remodeled kitchen and bathroom. Ideal for investors, owner-occupants seeking additional rental income, or buyers considering renovation or redevelopment. Property is being sold in its current condition. Any future development or use is subject to applicable zoning regulations and governmental approvals.
Prime investment opportunity in the heart of South Miami, just 3 blocks from the University of Miami and minutes from Downtown South Miami and the redevelopment of Sunset Place. Situated on a 6,300 SF lot, this duplex offers immediate income and significant upside. The property consists of a rented 2-bedroom, 1-bath unit currently generating $4,000/month, The property features a new roof and updated plumbing, reducing near-term capital expenditures. Additionally, the property is equipped with two separate water meters and two electrical meters, allowing for efficient management and future flexibility. With multifamily zoning in place allowing you to build more units. This is a prime opportunity for investors and developers looking to capitalize on a high-demand rental corridor. The lot accommodates approximately 9–10 parking spaces, adding significant value for future multifamily development .Positioned near the University of Miami, Coral Gables, and major transit routes, this location consistently drives strong rental demand. Whether you’re looking to stabilize and increase cash flow or redevelop into a higher-density asset, this is a rare opportunity in one of Miami’s most supply-constrained markets. Need 24 hour notice to show , Call L/A for more information and showing instructions
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South Miami is located in Florida. South Miami, Florida has a population of 11,997. South Miami is more family-centric than the surrounding county with 27.87% of the households containing married families with children. The county average for households married with children is 27.22%.
The median household income in South Miami, Florida is $67,110. The median household income for the surrounding county is $57,815 compared to the national median of $69,021. The median age of people living in South Miami is 39.2 years.
The average high temperature in July is 89.7 degrees, with an average low temperature in January of 60.3 degrees. The average rainfall is approximately 58.5 inches per year, with 0 inches of snow per year.
