540 142Nd St North Miami, FL 33161
This exceptional 1953-built, one-story triplex in North Miami, Florida (33161), presents a remarkable investment opportunity. Located at 540 NE 142nd St, in a prime multi-family zoned area (3800/MULTI-FAMILY - 22-37 U/A), this property offers significant flexibility. Currently configured as three separate rental units – a main house, a one-bedroom, one-bathroom unit with a private entrance, and a detached pool house – it boasts multiple income streams. Two of the units are currently vacant, ready for immediate rental. The property features a private pool and benefits from one electric and one water meter. There is no HOA. The asking price is $989,000. This property is ideal for investors seeking a multi-family income property, or for those looking for a unique live-in opportunity with potential for rental income. The versatility of this property allows for various uses, including a single-family home with in-law quarters or guest house, or a fully rented multi-family investment. Its location in East North Miami Beach offers excellent potential for strong rental returns and future appreciation. This is a rare opportunity to acquire a well-located, versatile property with immediate income potential.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.