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Single Family Residence
$4,250,000
9424 - 9432 Carlyle Ave, Surfside FL 33154
Listed
6
Bedrooms
4
Bathrooms
— sqft
Interior
1950
Year built
None
HOA
Single Family Residence
Type
About this home
PRIME SURFSIDE DEVELOPMENT — VACANT POSSESSION IN ~45 DAYS Rare 11,200 SF double-lot assemblage on Carlyle Ave, one of Surfside's most desirable residential streets. Both parcels (9424 and 9432) sold together, marketed strictly for land value as a turnkey development opportunity for a 6,000+ SF custom luxury residence. The tenancy advantage: Both existing residences are on month-to-month tenancies. Under Florida Statute 83.57(3), a new owner can deliver written termination notice and take vacant possession within approximately 30–45 days of closing. No long-term leases, no eviction risk, no extended carrying costs — demo-ready, not tenant-entangled. Site & development: 11,200 SF combined lot 100' x 112' Folios: 14-2235-007-2250 & 14-2235-007-2260 Location: 2 blocks to Bal Harbour Shops, 3 blocks to Surfside Business District (Harding Ave), 5 blocks to the Atlantic Ocean, Walkable to Ruth K. Broad Bay Harbor K-8 Quiet, low-traffic residential street surrounded by recently built and renovated multi-million dollar estates. A clean, well-priced development play in one of South Florida's most supply-constrained luxury micro-markets. Do not disturb occupants. Showings by appointment only with 24 hours notice. Listing agent will accompany.
Features
- First Floor Entry
- Other
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
$21,490
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 6-bed rentals across Miami-Dade, from 55 active listings; the middle half ask $16,000–$49,900.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter 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. We are not a lender and neither offer nor arrange financing. 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.