Address not disclosed, Miami, FL 33125
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 780,000
Est. payment /mo
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Address not disclosed Miami, FL 33125

3,002 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,002 sqft

Price per Sqft $259

Subdivision 1St Addn To Riverside Far

MLS Listing ID A12010679

HOA Y/N No

Year Built 1925

Annual Tax Amount $11,443

Tax Year 2025

Property Sub-Type Duplex

Property Description

This legal duplex sits on a 7,500 sq ft lot in the heart of Miami, just minutes from Wynwood, Brickell, Midtown, and Downtown. The area is well connected with easy access to major highways, public transit, dining, shopping, and entertainment. Zoned T3-O, this corridor continues to see strong demand from both renters and developers.

The property offers two independent units, each with its own FPL and water meter. The main house is a two-story residence of approximately 2,300 sq ft. The back unit is a detached 2 bed / 1 bath of approximately 800 sq ft.
Both units are month-to-month with long-term tenants paying well below market rents — giving the next owner immediate income and strong upside potential on turnover.

Municipal Zoning: T3-O | PA Zone: 5700 — Duplexes General | Lot: 7,500 sq ft | Total Area: ±3,224 sq ft | Separate FPL Meters: 2 | Separate Water Meters: 2 | Current Gross Income: $5,150/mo | $61,800/yr
Please do not disturb tenants.

Location

State FL

County Miami-dade

Community 1St Addn To Riverside Far

Area 41

Interior

Heating Other

Cooling Central Air, Wall/Window Unit(s)

Flooring Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Flat

Total Parking Spaces 5

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Level or Stories Two

Structure Type Block

Others

Tax ID 01-41-03-030-0260

Acceptable Financing Cash

Listing Terms Cash

Miami Association of Realtors (SEFMIAMI MLS)
Listed by FL Prime LLC
Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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