ActivePhoto 1 of 40
11405 SW 32nd St, Miami FL 33165
About this home
A rare opportunity to secure a corner double lot in a highly desirable Miami location. The property includes a main residence and a separate 1/1 guest house currently generating rental income, offering immediate flexibility for homeowners, investors, or multigenerational living. With the ability to divide the property into two separate buildable lots, this unique offering presents opportunities for both end users and developers alike. Owned by the same family for many years, the home has been well cared for and is ready for its next chapter. Buyers can renovate and customize the existing improvements, expand the footprint, add a pool and outdoor living space, or take advantage of the property's unique lot configuration. The oversized corner parcel provides flexibility that is increasingly difficult to find in Miami. Located directly across from Continental Park and close to shopping, dining, schools, and major commuter routes, this is a chance to own a piece of Miami real estate with both character and opportunity. Whether you're looking to create your dream property, preserve an income-producing guest house, or explore the possibility of two separate homesites, this exceptional offering presents a variety of possibilities in a prime Miami location.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Family Room
- Utility Room/Laundry
- Lighting
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $6,574
- 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.
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.