Triplex with Separate
For Sale
$1,100,000
1515 NE 118th Street, Miami, FL 33161
Three-unit property with two tenant-occupied residences and an owner-occupied unit, offered as-is with buyer verification required.
Property SizeContact for details
Days on Market127
Property Features for 1515 NE 118th Street
General Information
Standard status
Active
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
3
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$6,120
Building Details
Year Built
1955
Listing Agency:
Global Luxury Realty LLC
(786) 752-0707
Listed By:
Michele M Lubin Romelus · License #0616942
(786) 752-0707
Source:
Silverleafrealtygroup
Added: Apr 9
Changed: Aug 4
Last Checked: Aug 12 at 2:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Global Luxury Realty LLC
Investment Insights
Based on property information with market context.
This 1955 triplex contains three residential units: a 2-bedroom, 1-bath front unit, a nonconforming 1-bedroom, 1-bath middle unit, and a 2-bedroom, 1-bath rear unit. The front and rear residences have separate meters. The property is being offered in its existing condition, with the buyer responsible for confirming permits, zoning, legal use, income, expenses, and tenancy details.
The front and middle units are tenant occupied under month-to-month arrangements without written leases or security deposits. The rear unit is occupied by the owner. The property is located at 1515 NE 118th Street in Miami, Florida, and showings are by appointment only; occupants should not be disturbed and the property should not be walked without authorization.
The front and middle units are tenant occupied under month-to-month arrangements without written leases or security deposits. The rear unit is occupied by the owner. The property is located at 1515 NE 118th Street in Miami, Florida, and showings are by appointment only; occupants should not be disturbed and the property should not be walked without authorization.
Key Highlights
- Three‑unit residential property built in 1955
- Unit mix includes two 2/1 residences and one nonconforming 1/1 unit
- Front and rear units have separate meters
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,835
Businesses Nearby
Explore this area
Business Placement
Demographics for 33161, FL
53,015
Population
18,912
Households
2.8
Avg Household Size
37
Median Age
21%
College-Educated
81%
High-School Grad
5.5 sq mi
ZIP Area
9,639
Density / Sq Mi
$55,265
Median Household Income
$34,311
Median Earnings
$1,494
Median Rent
$376,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit property with two tenant-occupied residences and an owner-occupied unit, offered as-is with buyer verification required.
Where is this triplex located?
The property is located at 1515 NE 118th Street 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: Three‑unit residential property built in 1955; Unit mix includes two 2/1 residences and one nonconforming 1/1 unit; Front and rear units have separate meters
