2822 sqft | #A11844939
Description
Property includes both the front single-story home and the large two-story rear building on the same lot. Fully rented triplex on an 8,050 SF lot generating $10,000/mo ($120,000 annually) with a current NOI of $80,226 after $39,774 in annual expenses, reflecting a 7.0% cap rate. Unit A is a 5/3 created by combining the original 4/2 with a studio for the current tenant who subleases, while Units B and C are each 3/1. The 2,822 SF building features impact windows installed in 2023 and a 2009 asphalt shingle/roll-up roof (16 years old as of 2025). Zoned T4-R, this property offers strong returns and 1031 exchange opportunities, with a market gross rent potential of $9,900/mo ($118,800 annually). Part of a 9-unit portfolio. Showings are by appointment only—please do not disturb tenants.
Property Details
- Lot DescriptionLess Than 1/4 Acre Lot
- CountyMiami-Dade County
- Utility SourceMunicipal Water
- SubdivisionDANKWARDTS SUB
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- MLS #A11844939
- MLS #A11844939
- Cost1150000
- Property SubtypeTriplex
- Structure TypeTriplex
- Square Feet2822
- Year Built1936
- Stories2
Location
Legal
MIAMI ASSOCIATION OF REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Marjo Realty Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS.
Last Updated: . Source: MAOR
Provided By
Listing Agent: Khalid Bryan (#3310701)
Listing Office: Keller Williams Realty SW (#KWSE01)
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