$900,000
$50K PRICE DROP

Estimated payment $5,613/month

Total Views 3,342
-- Bed
-- Bath
2,060 Sq Ft
$437 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

Income-Producing Multi-Family Gem – $7,450 Monthly Income! 3 units: 2 bedrooms 1 bath each.
Exceptional investment opportunity—a fully occupied multi-family property with three income-generating units currently bringing in $7,450/month for an 8% ROI.
This renovated property offers strong rental history, solid cash flow, and flexibility for both investors and owner-occupants.
**OWNER OCCUPANTS: you can secure a lower interest rate than what’s currently available on the market. Seller has a 4.75% FHA assumable mortgage. **Only for buyers who will occupy one of the units and purchasing with an FHA loan** Take advantage if this low interest rate!

Listing Agent

Yanai Nassar

Brickellmania, LLC. License #3061572 Listed on: 05/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,781

Year Built

  • Built in 1924

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,060 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Comfort Gardens 1St Addn Condos
  • Comfort Gardens 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-33-031-0551

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,781

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex, Duplex
  • Subdivision Name: COMFORT GARDENS 1ST ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 900000
  • InternetRemarks: Income-Producing Multi-Family Gem – $7,450 Potential Monthly Income! 4.75% assumable mortgage for buyers who will occupy one of the units.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2060
  • Stories: 1

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: COMFORT GARDENS 1ST ADDN
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-33-031-0551
  • Zoning: 5700

Rental Info

  • Rent Includes: Electricity, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10781

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $10,781 $571,103 -- --
2024 $10,242 $519,185 $285,000 $234,185
2023 $10,242 $479,748 $243,750 $235,998
2022 $7,799 $359,877 $202,500 $157,377
2021 $7,252 $320,762 $0 $0
2020 $6,591 $291,602 $165,000 $126,602
2019 $6,326 $278,545 $165,000 $113,545
2018 $6,194 $293,769 $180,000 $113,769
2017 $5,578 $245,350 $0 $0
2016 $2,556 $131,658 $0 $0
2015 $2,379 $124,733 $0 $0
2014 $2,129 $118,343 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2025 06/21/25 Price Changed $900,000 -5.3% $437 / Sq Ft
05/29/2025 05/29/25 For Sale $950,000 +62.4% $461 / Sq Ft
09/22/2022 09/22/22 Sold $585,000 -10.0% $288 / Sq Ft View Prior Sale
08/11/2022 08/11/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $650,000 0.0% $321 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $650,000 +120.3% $321 / Sq Ft
01/14/2016 01/14/16 Sold $295,000 -7.8% $145 / Sq Ft View Prior Sale
12/07/2015 12/07/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $320,000 -- $158 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $585,000 Complete Choice Title
Warranty Deed $397,500 Title Answers
Warranty Deed $397,500 Title Answers
Quit Claim Deed -- Attorney
Warranty Deed $295,000 Attorney
Warranty Deed $310,000 All Homes Title Llc
Warranty Deed $160,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $574,404 FHA
Previous Owner $248,000 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11811435

MIAMI REALTORS® MLS

APN: 01-3133-031-0551