2204 SW 11th Ter, Miami FL 33135
About this home
Discover an exceptional Miami investment property at 2204 SW 11th Terrace, located in the highly desirable Shenandoah neighborhood. This spacious two-story Miami home features six bedrooms, four-and-a-half bathrooms, two full kitchens, a private swimming pool, and a detached studio with its own bathroom and kitchenette. The flexible floor plan allows the main residence to be arranged into two separate three-bedroom living areas, creating excellent potential for multigenerational living, extended-family accommodations, or an income-producing property. With multiple living spaces and two kitchens, this home presents a unique opportunity for real estate investors seeking a multifamily-style property in central Miami. Ideally situated near Brickell, Downtown Miami, Coral Gables, Coconut Grove, Miami Beach, Key Biscayne, and major highways, this Shenandoah property offers outstanding space, accessibility, and investment potential in one of Miami’s most centrally located neighborhoods.
Features
- First Floor Entry
- Cooking Island
- French Doors
- Pantry
- Roman Tub
- 3 Bedroom Split
- Walk-In Closet(s)
- Garage Apartment
- Garage Converted
- Open Balcony
- Garden
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $7,838
- 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.