Estimated payment $6,269/month
Highlights
- No HOA
- Central Heating and Cooling System
- Vinyl Flooring
About This Home
Prime Investment Opportunity in North Miami! This income producing triplex is a standout! Ideally located right between Miami Shores and Biscayne Park, in a high growth area with significant city investment planned over the next few years. The property features a 2021 roof, updated kitchens and bathrooms, durable vinyl flooring, and modern appliances. Currently rented to long-term tenants, this property delivers a strong cap rate. Seller is willing to contribute towards the buyer’s closing costs or offer a rate buy down with a strong offer. Don’t miss this chance to capitalize on North Miami’s growth potential!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,336
Year Built
- Built in 1981
Parking
- 4 Parking Spaces
Home Design
- Triplex
- Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 3,079 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Rent includes gardener
- Assessor Parcel Number 30-22-32-003-0120
Community Details
Overview
- No Home Owners Association
- 3 Units
- Biscayne Blvd Park Condos
- Biscayne Blvd Park Subdivision
Building Details
- Operating Expense $22,907
- Net Operating Income $64,681
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $12,336 | $639,281 | $256,250 | $383,031 |
| 2024 | $12,336 | $644,570 | $256,500 | $388,070 |
| 2023 | $12,198 | $649,608 | $256,500 | $393,108 |
| 2022 | $7,049 | $318,354 | $0 | $0 |
| 2021 | $6,288 | $289,413 | $0 | $0 |
| 2020 | $5,979 | $309,858 | $117,500 | $192,358 |
| 2019 | $5,498 | $276,031 | $82,215 | $193,816 |
| 2018 | $0 | $256,173 | $60,900 | $195,273 |
| 2017 | $4,527 | $197,674 | $0 | $0 |
| 2016 | $4,249 | $179,704 | $0 | $0 |
| 2015 | $3,884 | $163,368 | $0 | $0 |
| 2014 | $3,884 | $148,517 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/21/2025 05/21/25 | Price Changed | $949,000 | -1.1% | $308 / Sq Ft |
| 02/26/2025 02/26/25 | Price Changed | $960,000 | -3.0% | $312 / Sq Ft |
| 01/13/2025 01/13/25 | For Sale | $990,000 | +28.6% | $322 / Sq Ft |
| 08/26/2022 08/26/22 | Sold | $770,000 | -2.4% | $250 / Sq Ft |
| 08/18/2022 08/18/22 | Pending | -- | -- | -- |
| 06/14/2022 06/14/22 | Price Changed | $789,000 | +2.5% | $256 / Sq Ft |
| 06/02/2022 06/02/22 | Price Changed | $770,000 | -2.4% | $250 / Sq Ft |
| 05/23/2022 05/23/22 | For Sale | $789,000 | -- | $256 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $770,000 | -- | |
| Interfamily Deed Transfer | -- | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,040,000 | New Conventional | |
| Closed | $462,000 | New Conventional |
Source: MIAMI REALTORS® MLS
MLS Number: A11723742
APN: 30-2232-003-0120
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