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    Renovated Triplex on Corner Lot Title is generated by Realmo AI

    1102 NW 103rd St, Miami, FL 33150

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    Claim this Listing
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    For Sale
    $738,888

    MULTI_FAMILY - Miami, FL

    Property size:
    2,195 SF
    Price / SF:
    $336/SF
    Added:
    Jul 2, 2026
    Days on Market:
    7
    Last Refresh:
    Jul 8 at 11:06 pm

    Property Features for 1102 NW 103rd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    6
    Rooms
    Bedroom 2, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 6, Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 5
    Parking
    4
    Patio and Porch features
    Patio
    Exterior features
    Patio
    Standard status
    Active
    APN
    30-31-02-007-0010
    Size
    2,195 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    2ND RESUB N SILVER CREST PB 40-24 LOT 1 BLK 1 LOT SIZE 75.000 X 102 OR 18829-2281 1099 1
    Tax Annual Amount
    10594

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Electric, Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1945
    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Block
    Roof type
    Shingle

    We can help!

    Contact an agent
    Kelvin Ching

    Listing agent Kelvin Ching License #3298166

    Listing office The Keyes Company 10091 NW 1st Ct, Miami, FL

    Listing date Jul 2, 2026

    MLS# A12047050 Listing URL

    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.


    Overview

    This fully renovated triplex is presented as turnkey, with all seller-cleared violations. The property is configured as three separate units, each described as featuring modern finishes, stainless steel appliances, and updated bathrooms. The total monthly income is stated at $6,975. An appraised value dated May 20, 2025 is listed at $865,000 (see attached).

    The property is located in Miami, Florida and sits on a corner lot. It is identified as being within a federally designated Opportunity Zone. Public remarks also note proximity to major highways, shopping, and downtown Miami.

    For buyers seeking a move-in-ready residential income property, the combination of renovation status, cleared compliance items, and in-place unit finishes may appeal for immediate occupancy planning. With income already stated at $6,975 per month and a furnished appraisal referenced in the materials, this offering is positioned for investors evaluating a renovated triplex in an Opportunity Zone setting.

    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 $67.2k $30.60
    − Vacancy −$4.3k −$1.95
    EGI $62.9k $28.65
    − OpEx −$18.9k −$8.60
    NOI $44.0k $20.06
    2,195 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $628.9K
    $550.3K – $733.7K (±1% cap)
    NOI $44,022 @ 7.0% cap · market cap 5.96%
    Second Best
    Apartment 5plus
    $579.3K
    $506.9K – $675.8K (±1% cap)
    NOI $40,549 @ 7.0% cap · market cap 5.49%
    Theoretical Best
    Specialty Retail
    $1.48M
    $1.30M – $1.73M (±1% cap)
    NOI $103,715 @ 7.0% cap · market cap 14.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Dental Office Parking Lot & Garage Law Firm Gym & Fitness Center Bakery Kitchen & Bath Showroom Building Supply (Bike/Boat/Book/etc) Store HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.216205
    Latitude
    25.868649

    FAQs

    What type of property is this?
    Triplex - Turnkey renovated triplex with modern finishes, stainless appliances, and $6,975 monthly income in an Opportunity Zone.
    Where is this triplex located?
    The property is located at 1102 NW 103rd St Miami, FL.
    What is the asking price?
    The asking price for this property is $738,888.
    More about this property
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