$1,500,000

Estimated payment $9,488/month

Total Views 8
-- Bed
-- Bath
2,496 Sq Ft
$601 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • 3-minute walk to General Jose Francisco Morazan Quesada Park

About This Home

Prime central Miami location —less than a mile from Brickell’s shops and nightlife and only minutes from Downtown Miami, Bayfront entertainment, and Little Havana’s vibrant Calle Ocho. Residents benefit from rapid access to major corridors (I-95, SR-836 and the MacArthur Causeway) for easy commuting across the city. Miami International Airport is just a quick drive away, adding convenience for travelers and professionals. The combination of walkable cultural spots, strong restaurant corridors, major employment centers, and fast airport access makes this property appealing for both long-term rentals and short-term rental demand. Currently run as 8 short-term rental studios, each averaging approximately $1,500 per month.. This property is a true cash-flow performer with strong in-place income. Investors have the flexibility to continue maximizing returns through short-term rentals or transition the building back to its original fourplex configuration for a more management-efficient operation. The existing unit mix of four one-bed/one-bath apartments provides stable long-term rental demand while preserving upside for future value-add or repositioning strategies.

Listing Agent

Sharif Bula

Eleventrust LLC License #3057657 Listed on: 12/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,449

Year Built

  • Built in 1954

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,496 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Terrazzo

Utilities

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

Community Details

  • No Home Owners Association
  • City Of Miami South Condos
  • City Of Miami South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-02-04-030-1060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,449

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached, Ranch
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: CITY OF MIAMI SOUTH
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 1500000
  • InternetRemarks: Near Brickell, Downtown & MIA. High-demand fourplex with strong STR income and flexible long-term rental upside.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 2496
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • 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: CITY OF MIAMI SOUTH
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-02-04-030-1060
  • Zoning: 3900

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 19449

Multi Family

  • Number Of Units In Community: 1

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
12/09/2025 12/09/25 For Sale $1,500,000 +66.7% $601 / Sq Ft
11/03/2022 11/03/22 Sold $900,000 -5.3% $120 / Sq Ft View Prior Sale
10/19/2022 10/19/22 For Sale $950,000 0.0% $127 / Sq Ft
10/16/2022 10/16/22 Off Market $950,000 -- --
10/13/2022 10/13/22 For Sale $950,000 -- $127 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11927668

MIAMI REALTORS® MLS