$899,000
$80K PRICE DROP

Estimated payment $5,944/month

Total Views 1,358
-- Bed
-- Bath
1,440 Sq Ft
$624 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 4-minute walk to Legion Memorial Park
  • Tile Flooring
  • 1-Story Property

About This Home

Excellent income-producing multi-family property in prime Miami location! Fully renovated in 2023. This well-maintained duplex features two updated units, both currently leased through spring 2026—offering immediate cash flow for investors. Both units have two bedrooms and one full bathroom. Property includes gated off-street parking, shared laundry facilities, and a beautifully landscaped backyard for tenant enjoyment. This is a strong opportunity for long-term growth and consistent rental income, located near MiMo, the Design District, Wynwood, and the Magic City Innovation District.

Listing Agent

Vanessa Maggi

Maggi Realty Group License #3254330 Listed on: 06/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,630

Year Built

  • Built in 1954

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • North Gate Condos
  • North Gate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-025-0140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,630

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: NORTH GATE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1440
  • Stories: 1

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORTH GATE
  • Total Parking Spaces: 2

Utilities

  • Sewer: Other
  • 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: 01-32-18-025-0140
  • Zoning: 0104

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11630

Multi Family

  • Number Of Units In Community: 2

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

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 $11,630 $596,836 -- --
2024 $11,423 $542,579 $419,904 $122,675
2023 $11,423 $470,320 $0 $0
2022 $9,543 $426,034 $288,198 $137,836
2021 $6,578 $229,024 $0 $0
2020 $6,036 $326,224 $230,850 $95,374
2019 $5,635 $306,041 $209,952 $96,089
2018 $5,405 $326,682 $229,878 $96,804
2017 $4,826 $156,428 $0 $0
2016 $4,549 $142,208 $0 $0
2015 $4,334 $129,280 $0 $0
2014 $3,570 $117,528 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Price Changed $899,000 -8.2% $624 / Sq Ft
06/09/2025 06/09/25 For Sale $979,000 +40.9% $680 / Sq Ft
01/12/2023 01/12/23 Sold $695,000 -5.4% $483 / Sq Ft
11/01/2022 11/01/22 For Sale $735,000 +53.1% $510 / Sq Ft
05/17/2021 05/17/21 Sold $480,000 -7.5% $333 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
12/15/2020 12/15/20 Price Changed $519,000 -1.1% $360 / Sq Ft
09/02/2020 09/02/20 Price Changed $525,000 -6.1% $365 / Sq Ft
06/13/2020 06/13/20 For Sale $559,000 -- $388 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $695,000 --
Warranty Deed $480,000 Attorney
Deed $185,000 Attorney
Warranty Deed $261,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $345,000 New Conventional
Previous Owner $369,450 New Conventional
Previous Owner $115,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11817986

MIAMI REALTORS® MLS

APN: 01-3218-025-0140