FLORIDA LUXReal Estate

South Miami Multi-Family Homes for Sale

1 listings

Live MLS inventory in South Miami, updated continuously. Florida Lux Real Estate currently tracks 1 active listings here. MLS inventory updated October 3, 2026.

Multi-Family Homes for Sale in South Miami: What to Know Before You Search

South Miami surrounds a genuinely walkable core — the shops and restaurants of Sunset Drive alongside the Metrorail — with quiet single-family streets fanning out from it. The hospital district steadies demand, and both the Gables and the Grove are five minutes off.

Multi-family property in South Miami is where owner-occupants and investors overlap — duplexes up to small apartment buildings where rental income helps cover the mortgage. A market known for a walkable Sunset Drive downtown on the Metrorail keeps tenant demand steady, and for many buyers the smartest opening move here is living in one unit while the others carry the loan.

South Miami Market Snapshot

125
Homes sold, last 12 months
$922K
Median sale price
50 days
Median time on market

Frequently Asked Questions

Can I house-hack a duplex in South Miami?

Yes. Owner-occupied multi-family qualifies for residential financing — some programs allow a low single-digit down payment — and lenders will credit part of the other units' rent toward your qualification. It's the classic first-investment route, and we'll model the numbers on any listing on this page.

What should I verify before buying a rental building in South Miami?

Actual rents against market, which leases convey at closing, insurance on any older roof, and whether the municipality requires a rental license. Pulling the rent roll and confirming licensing is part of our standard diligence, not an afterthought.

How do I arrange a showing in South Miami?

Each listing on this page carries an inquiry form that goes straight to our brokerage — or reach us at +1 786-370-8570. We schedule private tours to fit your calendar and run live video walkthroughs for buyers relocating from out of state, with no obligation attached.

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