950 SW 13th Ct, Miami, FL 33135

Prime Multi-Family Investment in Hot Miami!

Unmissable opportunity at 950 SW 13th Ct, Miami, FL 33135! This 5-bedroom, 4-bathroom multi-family property, built in 1985, spans 2,068 sqft and is configured with 2 units, perfect for owner-occupancy with rental income or a pure investment play.

Located in a vibrant Miami-Dade County neighborhood (33135), renowned for its cultural richness (Little Havana!), walkability (Walk Score of 85), and easy access to Downtown Miami, Brickell, and Miami International Airport. This area offers diverse dining, entertainment, and essential amenities.

Priced at $849,990 with an estimated refinance payment of $5,603/month, this property is strategically positioned. While Miami’s overall housing market is currently a “Buyer’s Market” (homes selling below asking, median days on market 70), the multi-family segment shows strong potential. Miami’s multifamily market has a 6.0% vacancy rate and an average asking rent of $2,434/unit (Q1 2025). The 33135 zip code has seen a +9.2% increase in median sale price per sqft since last year.

Advantages of Multi-Family Ownership in Miami:

• Passive Income Potential: Generate multiple streams of rental income.
• Appreciation: Multifamily properties in growing markets like Miami tend to appreciate over time.
• Tax Benefits: Deduct various operating costs.
• Strong Rental Demand: Miami’s consistent population growth drives high demand for rentals.

Key Features:

• 5 Beds, 4 Baths: Versatile layout for multiple units.
• 2,068 sqft: Ample living space.
• Multi-Family (2 Units confirmed via public records): Ideal for investors or house hacking.
• Built 1985: Established property with solid bones.
• Prime Miami Location: Excellent connectivity and neighborhood amenities.
• Investment Opportunity: Capitalize on Miami’s robust rental market and long-term appreciation.

Seize this chance to expand your portfolio or live affordably in one of Florida’s most dynamic cities!