1211 NW 37th St, Miami FL 33142
About this home
Cash-only redevelopment opportunity with strong upside potential. Ideal for developers or investors, this property sits on a 6,000 sq ft lot zoned for duplex use in an area seeing continued growth and redevelopment activity. The existing home is currently configured as a 3-bedroom, 2-bathroom single-family and has an unsafe structure violation with the City, creating the opportunity for demolition and new construction or potential restoration, subject to buyer verification and approval. Excellent opportunity for those seeking long-term value, redevelopment potential, or a value-add project. Buyer to conduct their own due diligence regarding zoning, violations, liens, permitting, and feasibility for intended use.
Features
- First Floor Entry
- Other
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $1,517
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.