1898 NW 26th St Miami, FL 33142
Allapattah NeighborhoodEstimated payment $9,219/month
Highlights
- New Construction
- Concrete Block With Brick
- Central Heating and Cooling System
- No HOA
About This Home
Newly constructed, modern 2-unit multi-family, offering a superb income-generating asset in a highly sought-after Miami neighborhood. Minutes from Wynwood, the Design District, and Downtown/Brickell, this property is designed for investors seeking strong returns and long-term value. Each of the 2 units features thoughtfully designed layouts with 5 bedrooms and 3.5 baths, totaling 10 bedrooms, 6 full and 2 half baths. High 9ft ceilings and open-concept living areas create a desirable living environment, ideal for short-term or long-term strategies. The property can generate $18k+/- per month in rental income, depending on the lease structure. The building is positioned for immediate rental income, outfitted with brand-new stainless steel appliances, impact windows, and modern finishes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,176
Year Built
- Built in 2023 | New Construction
Parking
- 8 Parking Spaces
Home Design
- Duplex
- Concrete Block With Brick
- Flat Roof with Façade front
Interior Spaces
- 4,642 Sq Ft Home
- 2-Story Property
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 4 Units
- Allapattah Homesites Condos
- Allapattah Homesites Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-31-27-124-0001
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 | $18,176 | $914,964 | $259,555 | $655,409 |
| 2024 | $3,238 | $882,501 | -- | -- |
| 2023 | $3,238 | $142,092 | $0 | $0 |
| 2022 | $2,714 | $131,661 | $131,661 | $0 |
| 2021 | $3,043 | $143,220 | $143,220 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Price Changed | $1,395,000 | -50.0% | $301 / Sq Ft |
| 05/06/2025 05/06/25 | For Sale | $2,790,000 | -- | $601 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,364,281 | New Conventional |
Source: MIAMI REALTORS® MLS
MLS Number: A11797447
APN: 01-3127-038-0285
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