Miami, FL 33147, Miami, FL 33147
- Added:
- Oct 3, 2025
- Days on Market:
- 279
- Last Refresh:
- Jul 8 at 10:06 am
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bedroom 5, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 6, Bedroom 3
- Parking
- 6
- Standard status
- Active
- APN
- 30-31-04-003-4870
- Size
- 1,903 SF
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- THE TROPICS AMD PL PB 10-17 LOT 1 BLK 71 LOT SIZE 50.000 X 140 OR 18943-2005 01 2000 1 COC 24942-3189 08 2006 1
- Tax Annual Amount
- 4408
Utilities
- Sewer type
- Septic Tank
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1940
- Floors in Building
- 1
- Flooring type
- Tile
- Roof type
- Shingle
Listing agent Keily Berrios License #3387752 (786) 308-5459
Listing office Luxe Properties 55 Merrick Way, Coral Gables, FL (305) 809-7650
Listing date Oct 3, 2025
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
- Corner duplex with a 100% functional pool and income‑producing setup
- Generates 3 rents with long‑term tenants collecting $4,900/month
- 2 separate FPL meters
- Central heating and central A/C; flooring includes tile
- Roof is shingle; year built 1940
- Served by a septic tank; property has city violations and needs updates
Overview
The building is located near Hialeah and I-95, with access to everyday conveniences including supermarkets and schools. Easy access to main roads may support ongoing tenant convenience and day-to-day operations for a hands-on owner or managing operator.
While the rental profile is established, the seller notes that the property has City violations and will require updates. This makes the asset most suitable for investors or owner-occupants prepared to address code compliance and improvements. Prospective buyers should plan for renovation and violation resolution as part of their timeline and budgeting, while evaluating the upside of keeping the pool and the existing separate utility metering in place.
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 | $58.2k | $30.60 |
| − Vacancy | −$3.7k | −$1.95 |
| EGI | $54.5k | $28.65 |
| − OpEx | −$16.4k | −$8.60 |
| NOI | $38.2k | $20.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.248381
- Latitude
- 25.857057
