Miami, FL 33135, Miami, FL 33135
- Added:
- Jun 15, 2026
- Days on Market:
- 17
- Last Refresh:
- Jul 1 at 6:06 pm
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 1, Bedroom 5, Bathroom 2, Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bathroom 3
- Parking
- 4
- Standard status
- Active
- APN
- 01-41-03-040-1900
- Size
- 2,288 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- CENTRAL PARK PB 5-57 LOT 11 BLK 11 LOT SIZE 50.000 X 150 OR 16690-3608 1194 4
- Tax Annual Amount
- 9176
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1939
- Floors in Building
- 1
- Flooring type
- Laminate
- Building materials
- Block
- Roof type
- Barrel
Listing agent Eric Farmelant License #3290089 (954) 850-3905
Listing office Compass Florida, LLC 2550 S Bayshore Dr Suite 106, Miami, FL (305) 697-5402
Listing date Jun 15, 2026
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.
HighLights
- Multifamily property on a 7,500 SF lot with two 2‑bedroom/1‑bath units plus a studio efficiency
- Brand‑new barrel tile roof completed in 2026
- Includes a true 1‑car garage and two sets of full‑size washer and dryers
- Two electric meters and public sewer; central heating and central air
- Occupied by long‑term tenants
- Block construction with laminate flooring; roof type listed as barrel
Overview
Located in Miami-Dade County on a lot positioned near the end of a dead-end street, the property is described as well-located near Coral Gables, Brickell, Downtown Miami, and Miami International Airport.
The home is currently occupied by long-term tenants, providing the opportunity to buy and continue operating as-is. It can also suit an owner looking to live in one unit while renting the others, with the option to address cosmetic updates over time. As presented, the unit mix and on-site laundry support a straightforward residential income setup for investors and owner-occupants alike.
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 | $70.0k | $30.60 |
| − Vacancy | −$4.5k | −$1.95 |
| EGI | $65.6k | $28.65 |
| − OpEx | −$19.7k | −$8.60 |
| NOI | $45.9k | $20.06 |
Alternative Uses
Current Use by Public Records
Map
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.242868
- Latitude
- 25.769027
