405 SW 11th Ave, Miami FL 33130

Welcome to 405 SW 11th Ave, Miami FL 33130, a rare residential income opportunity in the heart of Miami. Located in Miami-Dade County, this detached duplex is part of the historic LAWRENCE ESTATE LAND CO subdivision and was built in 1922. With 3,554 square feet of living space, the property combines classic period details with thoughtful modern updates.
Once the home of Miami’s pioneering Milam family, this unique corner property has been legally converted into two spacious units. Each unit benefits from separate meters, updated electrical and plumbing systems, central air conditioning, and central heating. The property’s Residential Income and Duplex designation makes it an excellent choice for an owner-occupant seeking rental income, an investor, or a developer looking for future potential.
The detached two-car garage includes an attached efficiency that could potentially be converted into an additional unit, subject to applicable approvals. Current zoning allows for expansion, creating even more possibilities for this large Miami property. A buyer may also explore owner financing with an adequate down payment. For someone who wants to live in one unit and offset or potentially eliminate mortgage payments through rental income, this property offers an especially attractive setup.
Life in Miami means year-round sunshine, warm weather, beautiful beaches, and an unmatched selection of dining, shopping, arts, nightlife, and entertainment. The central location provides convenient access to Downtown Miami, Brickell, major highways, public transportation, and the area’s vibrant cultural destinations.
For more information or to schedule a private showing, call or text +1 786.468.4380. Tel/WhatsApp.