Address not disclosed, Miami, FL 33127
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Address not disclosed, Miami, FL 33127
Address not disclosed, Miami, FL 33127
Address not disclosed, Miami, FL 33127
Address not disclosed, Miami, FL 33127
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 1,350,000
Est. payment /mo
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Active

Address not disclosed Miami, FL 33127

3,575 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,575 sqft

Price per Sqft $377

Subdivision Eden Park

MLS Listing ID A12077881

Style Fourplex

HOA Y/N No

Year Built 1937

Annual Tax Amount $12,053

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

5-unit multifamily investment in Miami's Allapattah neighborhood offering in-place income, immediate lease-up upside and longer-term redevelopment optionality. Four 2BR/1BA units plus a legal detached 2BR/2BA, five separate electric meters and one vacant unit. Historical T-12: $108,822 gross income and $91,295 NOI, representing a 6.76% cap at the $1.35M asking price. Approx. 6,534 SF site currently zoned T4-R. Adjacent 765 NW 35th St is T5-L, providing a relevant nearby zoning precedent for buyers evaluating future rezoning, mixed-use, workforce housing or Live Local strategies. Near Wynwood, Miami Health District, Downtown, SR-836, I-95 and MIA. Redevelopment potential subject to independent verification and City approvals.

Location

State FL

County Miami-dade

Community Eden Park

Area 31

Zoning 3900

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Other, Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Other

Total Parking Spaces 10

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Other

Others

Tax ID 01-31-26-029-0200

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12077881

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Real Estate Sales Force
Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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