$1,197,000
$3K PRICE DROP

Estimated payment $7,448/month

Total Views 1,587
-- Bed
-- Bath
3,264 Sq Ft
$367 Price per Sq Ft

Highlights

  • No HOA
  • Ceiling Fan
  • 3-minute walk to Unity Park
  • Central Heating and Cooling System

About This Home

Allapattah cash cow duplex currently operating as a triplex and generating over $10,000 per month in one of Miami’s strongest rental corridors. This 3,200 SF income-producing property sits on a 7,000 SF fully fenced lot with excellent curb appeal and parking for six or more vehicles. The unit mix consists of two 1-bedroom/1-bath units and one spacious 4-bedroom/3-bath unit. Major improvements include a new roof, impact windows and doors, updated kitchens and bathrooms, new plumbing, two electric meters, one water meter, and sewer connection. The property offers strong in-place cash flow with clear value-add potential, as it can easily accommodate a fourth unit, making it a turnkey investment with immediate income and long-term upside.

Listing Agent

Damian Gonzalez

Real Estate Sales Force License #3195877 Listed on: 09/28/2025

Real Estate Sales Force

Co-Listing Agent

Frank Gonzalez

Real Estate Sales Force License #3327930

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,895

Year Built

  • Built in 1924

Parking

  • 6 Parking Spaces

Home Design

  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Additional Features

  • Property is zoned 5700
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Washburns 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-34-027-0280

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,895

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Co List Office Mls Id: RESF01
  • Co List Office Phone: 305-392-1497
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Subdivision Name: WASHBURNS 2ND ADDN
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 1197000
  • InternetRemarks: Allapattah Cash Cow! Massive duplex currently operated as a triplex Airbnb generating over $10K+ per month. Boasting 3,200 SF
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Living Area: 3264
  • Stories: 2

Exterior Features

  • Roof: Built-Up
  • Construction Type: Concrete Block Construction, CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WASHBURNS 2ND ADDN
  • Total Parking Spaces: 6

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-34-027-0280
  • Zoning: 5700

Rental Info

  • Rent Includes: Electricity, Hot Water

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 13895

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 $13,895 $699,960 $282,680 $417,280
2024 $10,564 $655,641 $233,211 $422,430
2023 $10,564 $466,634 $0 $0
2022 $9,738 $424,213 $0 $0
2021 $8,967 $385,649 $0 $0
2020 $8,339 $355,837 $137,806 $218,031
2019 $8,057 $341,854 $123,672 $218,182
2018 $7,469 $320,310 $123,672 $196,638
2017 $6,379 $265,229 $0 $0
2016 $6,186 $248,621 $0 $0
2015 $3,633 $170,670 $0 $0
2014 $3,665 $169,316 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2025 12/17/25 Price Changed $1,197,000 -0.1% $367 / Sq Ft
12/12/2025 12/12/25 Price Changed $1,198,000 -0.1% $367 / Sq Ft
11/24/2025 11/24/25 Price Changed $1,199,000 -0.1% $367 / Sq Ft
09/28/2025 09/28/25 For Sale $1,200,000 +26.3% $368 / Sq Ft
08/03/2023 08/03/23 Sold $950,000 -4.0% $291 / Sq Ft View Prior Sale
06/16/2023 06/16/23 For Sale $990,000 0.0% $303 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
03/22/2023 03/22/23 For Sale $990,000 +425.2% $303 / Sq Ft
11/05/2015 11/05/15 Sold $188,500 +5.3% $63 / Sq Ft View Prior Sale
10/22/2015 10/22/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $179,000 -- $60 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $950,000 None Listed On Document
Certificate Of Transfer $302,500 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $279,000 Attorney
Warranty Deed $188,500 Chase Title Services Llc
Warranty Deed $220,000 --
Warranty Deed $138,000 --
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $755,000 New Conventional
Previous Owner $160,000 Unknown
Previous Owner $198,000 Unknown
Previous Owner $75,450 FHA
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11886062

MIAMI REALTORS® MLS

APN: 01-3134-027-0280