$942,500
$942K PRICE INCREASE

Estimated payment $5,936/month

Total Views 1,782
-- Bed
-- Bath
2,074 Sq Ft
$454 Price per Sq Ft

Highlights

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

About This Home

INCREDIBLE INVESTMENT OPPORTUNITY! Fully leased fourplex just 7 minutes from Miami’s booming Wynwood Arts District. Each 1BR/1BA unit features updated kitchens, modern bathrooms, individual electric meters, and private parking. Airbnb is permitted by warrant, allowing for short- or long-term rental flexibility. Coin-operated laundry adds extra income. Located in a high-demand, rapidly growing neighborhood with strong rental appreciation and ongoing development. This turnkey property offers immediate cash flow and long-term potential for growth. Don’t miss your chance to own a high-performing asset in one of Miami’s hottest markets!

Listing Agent

Richard Garcia

Global Luxury Realty LLC License #3521781 Listed on: 06/28/2025

Global Luxury Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,315

Year Built

  • Built in 1957

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Tile Roof

Interior Spaces

  • 2,074 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes cable TV
  • Assessor Parcel Number 01-31-27-008-0190

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Cravatts Allapattah Homes Condos
  • Cravatts Allapattah Homes Subdivision

Building Details

  • Operating Expense $22,971
  • Net Operating Income $63,429

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,315

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: CRAVATTS ALLAPATTAH HOMES
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2074
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Construction Type: Concrete Block Construction
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CRAVATTS ALLAPATTAH HOMES
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • 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: 01-31-27-008-0190
  • Zoning: 3900

Rental Info

  • Rent Includes: Cable TV

Multi Family

  • Net Operating Income: 63429
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Operating Expense: 22971
  • Total Actual Rent: 86400

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9315

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 For Sale $943 -99.8% $0 / Sq Ft
01/31/2021 01/31/21 Sold $599,000 0.0% $292 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $599,000 0.0% $292 / Sq Ft
01/13/2021 01/13/21 Off Market $599,000 -- --
12/02/2020 12/02/20 Price Changed $599,000 +0.7% $292 / Sq Ft
11/19/2020 11/19/20 For Sale $595,000 +285.0% $290 / Sq Ft
01/31/2014 01/31/14 Sold $154,550 -20.5% $75 / Sq Ft
12/30/2013 12/30/13 Pending -- -- --
08/05/2013 08/05/13 For Sale $194,450 -- $95 / Sq Ft
Source: MIAMI REALTORS® MLS

Similar Homes in Miami, FL

  • 1300 S Miami Ave Unit 2311, Miami, FL 33130

    $739,900

    • 2 Beds
    • 2 Baths
    • 868 Sq Ft
    • 1300 S Miami Ave
    • Unit 2311
    • Miami, FL

    Step inside this spectacular unit featuring incredible city views. Enjoy luxury living with stunning amenities on a prime corner in Brickell. Your primary bedroom offers a walk-in custom closet, dual vanity, and jacuzzi tub. Your secondary serves as a great work from home space or of course; second bedroom with a full bathroom and custom closet. Your bright, open living space offers a relaxing

    Ryan Kelly Douglas Elliman

    Section Image
  • 1300 Brickell Bay Dr Unit 3607, Miami, FL 33131

    $875,000

    • 2 Beds
    • 2 Baths
    • 969 Sq Ft
    • 1300 Brickell Bay Dr
    • Unit 3607
    • Miami, FL

    Stunning 2-bed, 2.5-bath corner unit at Brickell House, a 46-story landmark designed by Sieger Suarez. Enjoy water and city views, floor-to-ceiling windows, 2 ensuite baths w/ bidets, and a sleek kitchen, perfect for entertaining. Brickell House offers incredible amenities, including a rooftop pool & sundeck, a private owner’s lounge with an event bar and catering kitchen, a 50-foot lap pool with

    Peter Ortega Keller Williams Realty Miami Beach

    Section Image

Source: MIAMI REALTORS® MLS

MLS Number: A11826828

MIAMI REALTORS® MLS