Turnkey Triplex with Impact
2221 SW 26th Lane Miami, FL 33133
2221 SW 26th Lane, Miami, FL, 33133
$1,250,000
For Sale
Under Contract
$1,250,000
MULTI_FAMILY - Miami, FL
Property Size2,200 SF
Price / SF$568.18
Days on Market19
Property Features for 2221 SW 26th Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Triplex
- Bedrooms
- 5
- Rooms
- Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 4, Bedroom 3, Bedroom 4
- Parking
- 2
- Standard status
- Active Under Contract
- APN
- 01-41-15-007-3160
- Size
- 2,200 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- SILVER BLUFF EST-SEC B PB 10-68 LOT 6 BLK 34 LOT SIZE 50.000 X 95 OR 20000-1909 10 2001 1 COC 25603-2047 04 2007 3
- Tax Annual Amount
- 13015
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1935
- Floors in Building
- 2
- Flooring type
- Tile - Ceramic, Hardwood, Wood
- Building materials
- Brick, Block
- Roof type
- Shingle
Listing Agency
RE/MAX Advance Realty II
(305) 251-2127
11010 SW 88th St Ste 200, FL
Listed by
Roberto Azua · License #3430811
(786) 518-9664
Added: Jun 30 Checked: Jul 18 at 9:06 am
MLS# A11814159
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.
Investment Insights
Based on property information with market context.
This fully renovated, turnkey triplex includes three furnished units designed for immediate occupancy. The property is described as meticulously maintained and move-in ready, with upgrades that include impact windows, new plumbing, updated electrical systems, and high-quality finishes throughout.
The address is 2221 SW 26th Lane in Miami, within Miami-Dade County. The property is positioned just minutes from Coral Gables, Brickell, and Coconut Grove, supporting day-to-day convenience for tenants and residents.
For buyers seeking a straightforward residential income setup, the combination of furnished units and recent building and systems updates may simplify leasing and reduce near-term renovation concerns. The configuration also supports flexible owner-occupancy scenarios where one unit can be lived in while the other two are rented. The listing is offered for sale and is available for private showing by appointment.
The address is 2221 SW 26th Lane in Miami, within Miami-Dade County. The property is positioned just minutes from Coral Gables, Brickell, and Coconut Grove, supporting day-to-day convenience for tenants and residents.
For buyers seeking a straightforward residential income setup, the combination of furnished units and recent building and systems updates may simplify leasing and reduce near-term renovation concerns. The configuration also supports flexible owner-occupancy scenarios where one unit can be lived in while the other two are rented. The listing is offered for sale and is available for private showing by appointment.
Key Highlights
- Triplex built in 1935 with brick and block construction and shingle roof
- Three fully furnished units, move‑in ready
- Recent upgrades include impact windows, new plumbing, and updated electrical systems
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 | $67.3k | $30.60 |
| − Vacancy | −$4.3k | −$1.95 |
| EGI | $63.0k | $28.65 |
| − OpEx | −$18.9k | −$8.60 |
| NOI | $44.1k | $20.06 |
2,200 SF · lease $30.60/SF/yr · vacancy 6.37% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$630.3K
$551.5K – $735.4K
NOI $44,122 @ 7.0% cap · market cap 3.53%
Second Best
Apartment 5plus
$580.6K
$508.0K – $677.4K
NOI $40,641 @ 7.0% cap · market cap 3.25%
Theoretical Best
Specialty Retail
$1.49M
$1.30M – $1.73M
NOI $103,951 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Turnkey triplex with three furnished, move-in ready units and recent system upgrades for straightforward rental operations.
Where is this triplex located?
The property is located at 2221 SW 26th Lane Miami, FL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Triplex built in 1935 with brick and block construction and shingle roof; Three fully furnished units, move‑in ready; Recent upgrades include impact windows, new plumbing, and updated electrical systems
