Miami, FL 33135

$749,000
2,288
SqFt

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List Price
$749,000
Price Change
▼ $50,000 1784920113
MLS
A12025639
Complex Name
Central Park
Status
ACTIVE
Type
Multifamily
Living Area
2,288

Property Description

Incredible opportunity to own a well-located multifamily property on an expansive 7,500 SF lot in the heart of Miami. Featuring a brand NEW barrel tile roof completed in 2026, the property consists of two 2-bedroom/1-bath units, and a studio efficiency. It includes a true 1-car garage, two sets of full size washer and dryers, and two electric meters. The property is currently occupied by reliable, long-term tenants, offering immediate income potential for investors seeking stable cash flow. The oversized lot is enhanced by mature mango and avocado trees, and sits near the end of a dead-end street. Ideally located near Coral Gables, Brickell, Downtown Miami, and Miami International Airport, the property offers strong rental demand and long-term upside. Continue operating as-is for dependable income, or add value over time through cosmetic updates and rental increases. Excellent opportunity for investors or an owner to live in one unit and rent the others.

Additional Information

Days on Market
61
Style
Triplex
#Parking Spaces
4
Year Built
1939
Development Name
Central Park
#Stories
1
Construction Type
Concrete Block Construction
Section
10

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Calculator source: Real Geeks

Listing Courtesy of Compass Florida, LLC, Contact: