$594,999
$19K PRICE DROP

Estimated payment $3,822/month

Total Views 3,173
-- Bed
-- Bath
1,563 Sq Ft
$381 Price per Sq Ft

Highlights

  • No HOA
  • Vinyl Flooring
  • 3-minute walk to Simonhoff Park
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

Excellent Investment Opportunity High-Yield Duplex in One of Miami’s Fastest-Growing Areas! These well-maintained duplex features two fully independent units: a spacious 3-bedroom, 2-bath main unit and a 1-bedroom, 1-bath unit perfect for generating multiple income streams. Strong rental demand supports an ROI exceeding 10%, offering solid and consistent returns. Strategically located near major highways, Downtown Miami, Wynwood, Midtown, schools, shopping, and employment centers. High-yield asset with excellent appreciation potential. Financing options available. A rare opportunity to secure a high-performing asset in one of Miami’s most dynamic neighborhoods.

Listing Agent

Juan Cortes

Realty One Group Evolution License #3596452 Listed on: 11/26/2025

Realty One Group Evolution

Co-Listing Agent

Johana Parra

Realty One Group Evolution License #3371418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,020

Year Built

  • Built in 1926

Parking

  • 1 Parking Space

Home Design

  • Duplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,563 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Floral Pk 1St Amd Condos
  • Floral Pk 1St Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-22-052-2720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,020

Year Built

Built in 1926

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: LUXR1
  • Co List Office Phone: 786-477-4715
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: FLORAL PK 1ST AMD
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 594999
  • InternetRemarks: Excellent Investment Opportunity High-Yield Duplex in One of Miami’s Fastest-Growing Areas! Well-maintained duplex features two fully independent unit
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Living Area: 1563
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FLORAL PK 1ST AMD
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • 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: 01-31-22-052-2720
  • Zoning: 5700

Rental Info

  • Rent Includes: Electricity, Gas, Hot Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8020

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

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 $7,601 $382,255 $199,500 $182,755
2024 $7,047 $356,778 -- --
2023 $7,047 $324,344 $149,668 $174,676
2022 $5,241 $220,338 $0 $0
2021 $4,636 $200,308 $91,832 $108,476
2020 $2,962 $173,077 $64,459 $108,618
2019 $2,780 $163,946 $55,188 $108,758
2018 $2,395 $133,232 $29,801 $103,431
2017 $2,050 $71,492 $0 $0
2016 $1,868 $64,993 $0 $0
2015 $1,695 $59,085 $0 $0
2014 $1,598 $53,714 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2026 03/16/26 Price Changed $594,999 0.0% $381 / Sq Ft
02/17/2026 02/17/26 Price Changed $595,000 -3.1% $381 / Sq Ft
11/26/2025 11/26/25 For Sale $613,900 +49.7% $393 / Sq Ft
04/14/2022 04/14/22 Sold $410,000 0.0% $252 / Sq Ft View Prior Sale
03/15/2022 03/15/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $410,000 +48.0% $252 / Sq Ft
06/19/2020 06/19/20 Sold $277,000 -7.7% $170 / Sq Ft View Prior Sale
05/20/2020 05/20/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $300,000 +341.2% $184 / Sq Ft
10/12/2012 10/12/12 Sold $68,000 +4.8% $42 / Sq Ft View Prior Sale
09/28/2012 09/28/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $64,900 -- $40 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $410,000 Marrero Escrow & Title
Warranty Deed $277,000 Attorney
Quit Claim Deed -- Attorney
Special Warranty Deed $68,000 Attorney
Trustee Deed $45,600 None Available
Deed -- --
Deed -- --
Deed -- --
Warranty Deed $85,000 --
Warranty Deed $13,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $373,520 Balloon
Previous Owner $97,750 New Conventional
Previous Owner $80,750 New Conventional
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11921429

MIAMI REALTORS® MLS

APN: 01-3122-052-2720

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