$1,725,000
NEW CONSTRUCTION $275K PRICE DROP

Estimated payment $10,584/month

Total Views 3,165
-- Bed
-- Bath
2,700 Sq Ft
$639 Price per Sq Ft

Highlights

  • New Construction
  • No HOA
  • Tile Flooring
  • In Ground Pool
  • High Impact Windows
  • Central Heating and Cooling System

About This Home

Introducing a rare, new-construction investment opportunity in one of Miami’s most sought-after locations, just minutes from Wynwood. This turnkey asset features a modern duplex building comprising 2 luxury townhome-style units, each offering 3 bedrooms, 2.5 bathrooms, and with private pools. Designed for both style and performance, each unit comes fully furnished and professionally curated, allowing for immediate income generation from day one. Built with contemporary architecture, the property delivers strong rental appeal and exceptional cash-flow potential in a high-demand rental corridor. Premium fixtures, and seamless indoor-outdoor living create a boutique hospitality experience that consistently attracts quality tenants and premium rates. Investors will appreciate the combination of new construction, low maintenance, and proven rental performance in a rapidly appreciating neighborhood surrounded by world-class dining, art, and entertainment. Whether you’re expanding a portfolio or acquiring a flagship short-term or long-term rental asset, this property represents a compelling blend of location, design, and income potential. Adjacent duplex for sale - inquire about package deal.

Listing Agent

Alfred Vargas

LoKation Brokerage Phone: 305-610-7399 License #3391195 Listed on: 07/28/2025

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,511

Year Built

  • Built in 2023 | New Construction

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • High Impact Windows

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Railway Shops Addn 2Nd Am Condos
  • Railway Shops Addn 2Nd Am Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-24-013-3430

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,511

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2023
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: RAILWAY SHOPS ADDN 2ND AM
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • Attribution Contact: 305-610-7399
  • CurrentPrice: 1725000
  • InternetRemarks: 3 bedrooms & 2.5 baths each, private pools, Backyard space, Brand new Roof, Central A/C, Impact windows throughout, also Washer/Dryers in each unit.
  • ShowingTimeFlag: Yes
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 2700
  • Stories: 2
  • Window Features: Complete Impact Glass, High Impact Windows

Exterior Features

  • Roof: Concrete
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RAILWAY SHOPS ADDN 2ND AM
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-24-013-3430
  • Zoning: 5700

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 19511

Multi Family

  • Number Of Units In Community: 2

Map

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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 $19,511 $1,011,341 $420,179 $591,162
2024 $7,472 $935,993 $338,905 $597,088
2023 $7,472 $326,497 $325,643 $854
2022 $4,084 $174,451 $0 $0
2021 $3,541 $158,592 $0 $0
2020 $3,637 $170,348 $169,452 $896
2019 $4,342 $185,600 $130,159 $55,441
2018 $3,957 $269,850 $213,166 $56,684
2017 $3,652 $112,590 $0 $0
2016 $2,763 $102,355 $0 $0
2015 $2,648 $93,050 $0 $0
2014 $2,434 $84,591 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2026 02/11/26 Price Changed $1,725,000 -3.9% $639 / Sq Ft
02/05/2026 02/05/26 Price Changed $1,795,000 -10.0% $665 / Sq Ft
08/27/2025 08/27/25 Price Changed $1,995,000 -0.3% $739 / Sq Ft
07/28/2025 07/28/25 For Sale $2,000,000 +566.7% $741 / Sq Ft
04/17/2018 04/17/18 Sold $300,000 -18.9% $244 / Sq Ft View Prior Sale
03/01/2018 03/01/18 Pending -- -- --
03/01/2018 03/01/18 Price Changed $370,000 +12.1% $301 / Sq Ft
03/01/2018 03/01/18 Price Changed $330,000 +900.0% $269 / Sq Ft
03/01/2018 03/01/18 For Sale $33,000 -- $27 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,100,000 None Listed On Document
Warranty Deed $1,100,000 None Listed On Document
Warranty Deed $375,000 Title Guaranty Of South Flor
Warranty Deed $300,000 Title America A Law Firm
Warranty Deed $215,000 Title America A Law Firm
Warranty Deed $20,000 Attorney
Trustee Deed $200 None Available
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11848580

MIAMI REALTORS® MLS

APN: 01-3124-013-3430