$1,156,000

Estimated payment $8,013/month

Total Views 581
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling Available
  • Heating Available
  • 3-minute walk to Buena Vista Park

About This Home

Multifamily investment with 5 studio units, built with full city permits for 5U operation! Seize the explosive growth of the Miami Design District with this 100% leased property generating $90,600 annually and immediate cash flow. Located on vibrant 2nd Ave. in Buena Vista, just 0.7 miles from the Miami Design District, 0.5 miles from I-95, and near Wynwood, it ensures high tenant demand. The renovated studios include separate FPL meters and low-maintenance CBS construction. On 6,099 sq ft of land with T4-O zoning (residential, commercial, entertainment uses) and adjacent vacant parcels, it offers substantial development potential to maximize profitability.

Listing Agent

Yenitze Molina

Miami New Realty Brokerage Email: ym@yenitzemolinarealtor.com License #3281745 Listed on: 07/14/2025

Miami New Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,391

Year Built

  • Built in 1956

Parking

  • 5 Parking Spaces

Home Design

  • Quadruplex
  • Barrel Roof Shape

Interior Spaces

  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-31-24-013-4700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,391

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: .
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Attribution Contact: ym@yenitzemolinarealtor.com
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Stories: 1

Exterior Features

  • Roof: Barrel Roof
  • 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: .
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-24-013-4700
  • Zoning: 4801

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 19391

Multi Family

  • Number Of Units In Community: 4
  • Total Actual Rent: 90600

Map

Range of Values:

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Average Value
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Sold Price
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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 $20,285 $1,113,823 -- --
2024 $24,537 $1,012,567 $625,000 $387,567
2023 $24,537 $966,462 $596,375 $370,087
2022 $23,174 $1,027,724 $0 $0
2021 $19,851 $934,295 $596,375 $337,920
2020 $19,282 $938,024 $596,375 $341,649
2019 $19,795 $927,337 $596,375 $330,962
2018 $15,415 $776,507 $596,375 $180,132
2017 $17,648 $833,082 $0 $0
2016 $7,628 $349,497 $0 $0
2015 $7,295 $325,596 $0 $0
2014 $6,713 $295,997 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 For Sale $1,156,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Attorney
Warranty Deed $825,000 Attorney
Warranty Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Open $10,000,000 No Value Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11839754

MIAMI REALTORS® MLS

APN: 01-3124-015-0020