Updated Income Triplex Rental
1680 NW 22nd Ct Miami, FL 33125
1680 NW 22nd Ct, Miami, FL, 33125
$1,100,000
For Sale
$1,100,000
MULTI_FAMILY - Miami, FL
Property Size3,264 SF
Lot Size0.16 Acres
Price / SF$337.01
Days on Market78
Property Features for 1680 NW 22nd Ct
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 6
- Rooms
- Bedroom 4, Bathroom 5, Bedroom 1, Bathroom 4, Bedroom 6, Bathroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2
- Parking
- 6
- Standard status
- Active
- APN
- 01-31-34-027-0280
- Size
- 3,264 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- WASHBURNS 2ND ADD PB 6-1 LOT 6 & S1FT OF E67 FT OF LOT 5 BLK 2 LOT SIZE IRREGULAR OR 20330-2594 03 2002 1 COC 22278-1243 04 2004 1
- Tax Annual Amount
- 14000
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Electric, Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1924
- Floors in Building
- 2
- Building materials
- Block
- Roof type
- Flat, Tile
Listing agency
Real Estate Sales Force
(305) 392-1497
Listed by
Damian Gonzalez · License #3195877
(786) 208-1044
Added: May 6 Updated: Jul 18 at 1:36AM Checked: Jul 22 at 3:06PM
MLS# A12000744
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This income-producing duplex is currently configured as a triplex and includes approximately 3,200 square feet of living space. The unit mix consists of two 1-bedroom/1-bath units and one 4-bedroom/3-bath unit, supported by a flexible layout for multiple rental strategies. The property sits on a fully fenced 7,000 square foot lot with parking for 6+ vehicles. Updates include a new roof, impact windows and doors, updated kitchens and bathrooms, and new plumbing. Utilities are set up with two electric meters and one water meter, with the property connected to sewer.
The property is located at 1680 NW 22nd Ct, Miami, FL 33125 in the Allapattah area. It offers convenient access to major roadways, employment centers, and public transportation.
For investors or owner-operators looking for a multi-unit rental configuration, this triplex provides a mix of unit sizes under one roof, along with the updates noted above. In-place rental income is reported to exceed $10,000 per month. The seller also notes the possibility of adding an additional unit, which the buyer would need to verify with the municipality. Tenants are in place; showings are by appointment only and the property should not be disturbed without an appointment.
The property is located at 1680 NW 22nd Ct, Miami, FL 33125 in the Allapattah area. It offers convenient access to major roadways, employment centers, and public transportation.
For investors or owner-operators looking for a multi-unit rental configuration, this triplex provides a mix of unit sizes under one roof, along with the updates noted above. In-place rental income is reported to exceed $10,000 per month. The seller also notes the possibility of adding an additional unit, which the buyer would need to verify with the municipality. Tenants are in place; showings are by appointment only and the property should not be disturbed without an appointment.
Key Highlights
- Income‑producing duplex currently configured as a triplex in the Allapattah area
- Approximately 3,200 sq. ft. living space on a 7,000 sq. ft. fully fenced lot with parking for 6+ vehicles
- Unit mix: two 1‑bedroom/1‑bath units and one 4‑bedroom/3‑bath unit; flexible layout for multiple rental strategies
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.9k | $30.60 |
| − Vacancy | −$6.4k | −$1.95 |
| EGI | $93.5k | $28.65 |
| − OpEx | −$28.1k | −$8.60 |
| NOI | $65.5k | $20.06 |
3,264 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$935.2K
$818.3K – $1.09M
NOI $65,461 @ 7.0% cap · market cap 5.95%
Second Best
Apartment 5plus
$861.4K
$753.7K – $1.00M
NOI $60,297 @ 7.0% cap · market cap 5.48%
Theoretical Best
Specialty Retail
$2.20M
$1.93M – $2.57M
NOI $154,225 @ 7.0% cap · market cap 14.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Updated triplex with two 1-bedroom units and a larger 4-bedroom unit on a fully fenced lot.
Where is this triplex located?
The property is located at 1680 NW 22nd Ct Miami, FL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Income‑producing duplex currently configured as a triplex in the Allapattah area; Approximately 3,200 sq. ft. living space on a 7,000 sq. ft. fully fenced lot with parking for 6+ vehicles; Unit mix: two 1‑bedroom/1‑bath units and one 4‑bedroom/3‑bath unit; flexible layout for multiple rental strategies
