$888,000
$11K PRICE DROP

Estimated payment $5,620/month

Total Views 756
-- Bed
-- Bath
2,005 Sq Ft
$443 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

Almost 10% CAP!! Rare to find!
Fully renovated triplex located in the growing Pinewood neighborhood of Miami. This stabilized, income-producing property is generating approximately $7,350 per month in gross rental income. Each unit has been tastefully updated with modern finishes, stainless steel appliances, and stylish bathrooms. Situated on a corner lot within a federally designated Opportunity Zone, this property offers potential tax advantages and strong future appreciation. All units are occupied by long-term tenants, providing immediate and reliable cash flow. Just minutes from major highways, shops, and the city center, this turnkey investment is perfect for both new and seasoned investors.

Listing Agent

Chunju Wang

The Keyes Company Brokerage Phone: 754-300-9481 License #3470209

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,964

Year Built

  • Built in 1945

Parking

  • 10 Parking Spaces

Home Design

  • Triplex
  • Substantially Remodeled
  • Shingle Roof

Interior Spaces

  • 2,005 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • 2Nd Condos
  • 2Nd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-31-02-007-0010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,964

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1945
  • Property Sub Type: Triplex
  • Architectural Style: Attached, Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: 2ND
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 754-300-9481
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2005
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 2ND
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-31-02-007-0010
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7964

Multi Family

  • Number Of Units In Community: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,148 $384,920 $189,375 $195,545
2023 $7,148 $351,524 $162,862 $188,662
2022 $5,488 $227,583 $0 $0
2021 $4,735 $206,894 $0 $0
2020 $4,427 $201,727 $73,841 $127,886
2019 $3,973 $167,388 $43,436 $123,952
2018 $3,708 $158,662 $34,684 $123,978
2017 $3,678 $152,021 $0 $0
2016 $3,014 $116,394 $0 $0
2015 $2,754 $96,451 $0 $0
2014 $2,666 $87,683 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 Price Changed $888,000 -0.2% $443 / Sq Ft
04/01/2025 04/01/25 Price Changed $890,000 -3.3% $444 / Sq Ft
03/30/2025 03/30/25 Price Changed $920,000 +2.3% $459 / Sq Ft
03/23/2025 03/23/25 For Sale $899,000 0.0% $448 / Sq Ft
10/08/2024 10/08/24 Off Market $2,600 -- --
05/02/2024 05/02/24 For Rent $2,600 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $835,000 Windmill Title
Warranty Deed $325,000 Isaac Benmergui Pa
Deed $138,000 --
Warranty Deed $87,100 Attorney
Warranty Deed $82,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $584,000 Construction
Previous Owner $70,000 New Conventional
Previous Owner $55,000 Unknown
Previous Owner $168,750 Future Advance Clause Open End Mortgage
Previous Owner $75,000 New Conventional
Previous Owner $92,000 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11769192

MIAMI REALTORS® MLS

APN: 30-3102-007-0010