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1137 SW 13th Court, Miami, FL 33135 (MLS# A11184808)

1137 SW 13th Court, Miami, FL 33135

$640,000
Property Type: Residential Income Square Footage: 1,956 Status: Closed
Current Price: $640,000 List Date: 4/04/2022 Last Modified: 8/11/2026

Overview

Description

CASH-FLOWING DEVELOPMENT OPPORTUNITY -- ORIGINALLY BUILT AS A DUPLEX, THIS THREE-UNIT MULTIFAMILY INVESTMENT PROPERTY IS LOCATED BLOCKS SOUTH OF LITTLE HAVANA'S "CALLE OCHO" AND IS VERY CLOSE TO THE PRIZED RESIDENTIAL NEIGHBORHOODS OF SHENANDOAH AND CORAL WAY. A PERFECT OPPORTUNITY FOR AN END-USER OR AS A PURE INVESTMENT PROPERTY CURRENTLY COLLECTING OVER $4K MONTHLY IN RENTAL INCOME. CURRENT RENTS DO NOT REFLECT MARKET RATES; VALUE ADD OPPORTUNITY. THIS PROPERTY CAN ALSO BE OFFERED AS A TURN-KEY NEW DEVELOPMENT PROJECT AFTER PURCHASE, AT CONSTRUCTION COSTS + 20% MANAGEMENT FEE (SEE RENDERINGS AND INQUIRE DIRECTLY FOR MORE INFO). PLEASE DO NOT DISTURB TENANTS. ALL SHOWINGS MUST BE APPROVED.

Supplements: The seller is willing to finance up to $80,000 of the sale over a 3-year term at 10% interest-only with a balloon payment at the end of year 3. No prepayment penalty after year 1. Sellers loan to remain in first lien position.

Listing Details MLS# A11184808

General Property Information

Number Of Units Total
3
Property Sub Type
Duplex
Building Area Main
1956
Living Area Main
1956
Adjusted Area Main
1409
Year Built
1940
Parking Total
4
Stories Total
Yes
Pool Private YN
No

Property Features

Documents Available: Appraisal; Copy Of Lease(s); Inventory; Rent Rolls Flooring: Wood; Other Property Condition: Resale Structure Type: Duplex Construction Materials: Block Cooling: Wall/Window Unit(s); Other Heating: Separate Meters; Other Listing Terms: Cash; Owner Will Carry Possession: Negotiable Roof: Barrel; Other Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Available Showing Requirements: Call Listing Agent Unit 1 Parking Features: Open Parking Unit 2 Parking Features: Open Parking Unit 3 Parking Features: Open Parking Contingencies: Inspection

Contract Information

Comp Sale YN
No
Original List Price
699000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
1137
Street Direction Prefix
SW
Street Name
13th
Street Suffix
Court
City Name
Miami
Municipal Code
9
State Or Province
FL
Postal Code
33135
Postal Code +4
5435
Postal Zip
33135
Subdivision Name
JENSEN S
Area
2410
Special Assessment YN
No
Parcel Number
0141110170050
Subdivision Number
17
Zoning
5700
Flood Zone
X

Financial Information

Tax Annual Amount
7730
Tax Year
2021
Tax Legal Description
JENSENS RESUB PB 6-16 LOT 5 & W1/2 OF ALLEY LYG E & ADJ CLOSED PER ORD 13492 LOT SIZE 6750 SQ FT M/L OR 20683-2380 032002 6 COC 25637-4462 1

Status Change Information

Major Change Timestamp
2022-06-27T15:24:51Z
Major Change Type
Status Change
Status Change Date
2022-07-27
Under Contract Date
2022-05-08
Close Date
2022-06-27
Close Price
640000
Buyer Financing
Conventional

More Information

Income and Expenses

Gross Income
4250

Unit 1 Details

Actual Rent
2800
Baths Full
Yes
Efficiency YN
No
Furnished
Furnished

Unit 1 Lease Description

Lease Term
Month To Month

Unit 2 Details

Actual Rent
500
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished

Unit 2 Lease Description

Lease Term
Month To Month

Unit 3 Details

Actual Rent
950
Baths Full
Yes
Efficiency YN
Yes
Furnished
Unfurnished

Unit 3 Lease Description

Lease Term
Month To Month

Buyer Details

Intended Use
Primary Residence

Concessions

Seller Concessions
No

Price Calculations

Current Price To SqFt
327.2

Section Details

Parcel Number MLX
0050

Originating Details

Originating System Key
368278071
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Wood
Yes
Other
Yes

Property Condition

Resale
Yes

Documents Available

Appraisal
Yes
Copy Of Lease(s)
Yes
Inventory
Yes
Rent Rolls
Yes

Structure Type

Duplex
Yes

Possession

Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes

Heating

Separate Meters
Yes
Other
Yes

Construction Materials

Block
Yes

Listing Terms

Cash
Yes
Owner Will Carry
Yes

Roof

Barrel
Yes
Other
Yes

Cooling

Wall/Window Unit(s)
Yes
Other
Yes

Showing Requirements

Call Listing Agent
Yes

Tax Information

Tax Reflects No Exemptions
Yes

Contingencies

Inspection
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 3 Parking Features

Open Parking
Yes
IDX
Listing Office: FIP Realty Services, LLC
Last Updated: August - 11 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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