NOT LISTED FOR SALE
-- Bed
-- Bath
8,048 Sq Ft
1969 Built

Sale Details

Date Sold: November 12, 2025

Last sale price $2,330,000 $290 Per Sq Ft

84 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • No Heating
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2025

Excellent investment opportunity in the heart of Allapattah! This Multifamily property features 10 units, each with 2 bedrooms and 1 bathroom. Rented with leases in place, providing immediate income. Property offers easy maintenance, dedicated parking spaces, and is ideally located near major highways, public transit, and the booming Wynwood and Health District areas. A solid asset in a rapidly growing neighborhood — perfect for both seasoned investors and those looking to expand their portfolio.

Last Agent to Sell the Property

Luis Cornide

Dacor Realty LLC License #3237260 Listed on: 06/11/2025

Last Buyer's Agent

Luis Cornide

Dacor Realty LLC License #3237260 Listed on: 06/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,236

Year Built

  • Built in 1969

Parking

  • 10 Parking Spaces

Home Design

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

Interior Spaces

  • 8,048 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Total Actual Rent $270,000
  • Rent includes electricity, hot water, pest control, trash collection, water
  • Assessor Parcel Number 01-31-27-073-0020

Community Details

Overview

  • No Home Owners Association
  • Allapattah Condos
  • Allapattah Subdivision

Building Details

  • Operating Expense $81,000
  • Net Operating Income $189,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,236

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1969
  • Property Sub Type: Quadruplex
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: Allapattah
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Pending
  • CurrentPrice: 2330000
  • InternetRemarks: investment opportunity well-maintained multifamily immediate income Allapattah easy maintenance
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Tile, Vinyl
  • Living Area: 8048
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Flat Tile
  • 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: Allapattah
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-27-073-0020
  • Zoning: 3900

Rental Info

  • Rent Includes: Electricity, Hot Water, Pest Control, Trash Collection, Water

Multi Family

  • Net Operating Income: 189000
  • Number Of Units In Community: 1
  • Number Of Units Total: 10
  • Annual Operating Expense: 81000
  • Total Actual Rent: 270000

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 24236

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2025
Closed on
Nov 11, 2025
Sold by
Bought by
Seller's Agent
Luis Cornide
Dacor Realty LLC
Buyer's Agent
Luis Cornide
Dacor Realty LLC
List Price
$3,024,000
Sold Price
$2,330,000
Premium/Discount to List
-$694,000
-22.95%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
0.063%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2016
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,330,000 None Listed On Document
$705,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,650,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/12/2025 11/12/25 Sold $2,330,000 -10.2% $290 / Sq Ft
09/03/2025 09/03/25 Pending -- -- --
08/26/2025 08/26/25 Price Changed $2,595,999 -12.0% $323 / Sq Ft
07/25/2025 07/25/25 Price Changed $2,950,000 -2.4% $367 / Sq Ft
06/11/2025 06/11/25 For Sale $3,024,000 -- $376 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $25,265 $1,146,818 -- --
2024 $22,311 $1,042,562 -- --
2023 $22,311 $947,784 $0 $0
2022 $20,190 $861,622 $0 $0
2021 $18,161 $783,293 $0 $0
2020 $16,221 $925,757 $258,560 $667,197
2019 $15,809 $925,757 $232,704 $693,053
2018 $14,309 $883,000 $232,704 $650,296
2017 $11,334 $535,000 $0 $0
2016 $11,044 $506,000 $0 $0
2015 $10,452 $467,500 $0 $0
2014 $9,638 $425,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11818969

MIAMI REALTORS® MLS
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