$1,695,000
$55K PRICE DROP

Estimated payment $10,391/month

Total Views 2,716
-- Bed
-- Bath
5,367 Sq Ft
$316 Price per Sq Ft

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • No HOA

About This Home

Exceptional investment opportunity in the heart of Miami! This fully leased 5-unit multifamily property is generating a strong gross monthly income of $12,050, offering immediate cash flow. Situated just steps from Calle Ocho (8th Street), the property enjoys a prime Little Havana location within walking distance to world-famous restaurants, cafés, and cultural landmarks. With stable tenancy already in place, this property is a turnkey income-producing asset in one of Miami’s most dynamic and historically rich neighborhoods. This property offers the perfect blend of location, income, and long-term upside.

Listing Agent

Uccio Zecchini

BZG International, LLC License #3219617 Listed on: 08/25/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,813

Year Built

  • Built in 1925

Lot Details

  • Property is zoned 5700

Home Design

  • Composition Roof

Interior Spaces

  • 5,367 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 01-41-10-010-0410

Community Details

Overview

  • No Home Owners Association
  • Tamiami Heights Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,813

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: TAMIAMI HEIGHTS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 1695000
  • InternetRemarks: Exceptional investment opportunity in the heart of Miami! This fully leased 5-unit multifamily property is located just steps away from Calle Ocho.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Living Area: 5367
  • Stories: 2

Exterior Features

  • Roof: Composition Roll
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TAMIAMI HEIGHTS

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-10-010-0410
  • Zoning: 5700

Rental Info

  • Rent Includes: Sewer, Water

Multi Family

  • Net Operating Income: 86760
  • Number Of Units In Community: 4
  • Number Of Units Total: 5
  • Annual Operating Expense: 57840
  • Total Actual Rent: 144600

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 17813

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/05/2025 11/05/25 Price Changed $1,695,000 -1.7% $316 / Sq Ft
10/06/2025 10/06/25 Price Changed $1,725,000 -1.4% $321 / Sq Ft
08/25/2025 08/25/25 For Sale $1,750,000 +16.3% $326 / Sq Ft
03/15/2024 03/15/24 Sold $1,505,000 +0.3% $269 / Sq Ft View Prior Sale
01/11/2024 01/11/24 For Sale $1,500,000 +328.6% $268 / Sq Ft
02/03/2016 02/03/16 Sold $350,000 -36.4% $71 / Sq Ft View Prior Sale
01/19/2016 01/19/16 Pending -- -- --
11/10/2015 11/10/15 For Sale $550,000 -- $111 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11864838

MIAMI REALTORS® MLS