$960,000
UNDER CONTRACT $30K PRICE DROP

Estimated payment $6,386/month

Total Views 2,418
-- Bed
-- Bath
3,079 Sq Ft
$312 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

Prime Investment Opportunity in North Miami! This income-producing triplex is a standout! Located in a high-growth area with significant city investment planned over the next five years. The property features a 2021 roof , updated kitchens and bathrooms, durable vinyl flooring, and modern appliances. Currently rented to long-term tenants, this property delivers a strong cap rate. Don’t miss this chance to capitalize on North Miami’s growth potential!

Listing Agent

Christian Gornail

Luxe Properties License #3273932

Luxe Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,336

Year Built

  • Built in 1981

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,079 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 30-22-32-003-0120

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Biscayne Blvd Park Condos
  • Biscayne Blvd Park Subdivision

Building Details

  • Operating Expense $22,907
  • Net Operating Income $64,681

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,336

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1981
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Subdivision Name: BISCAYNE BLVD PARK
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: 4224
  • Stories: 2

Interior Features

  • Flooring: Vinyl
  • Living Area: 3079
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BISCAYNE BLVD PARK
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-22-32-003-0120
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Multi Family

  • Net Operating Income: 64681
  • Number Of Units In Community: 3
  • Annual Operating Expense: 22907
  • Total Actual Rent: 87588

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12336

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 $12,198 $644,570 $256,500 $388,070
2023 $12,198 $649,608 $256,500 $393,108
2022 $7,049 $318,354 $0 $0
2021 $6,288 $289,413 $0 $0
2020 $5,979 $309,858 $117,500 $192,358
2019 $5,498 $276,031 $82,215 $193,816
2018 $0 $256,173 $60,900 $195,273
2017 $4,527 $197,674 $0 $0
2016 $4,249 $179,704 $0 $0
2015 $3,884 $163,368 $0 $0
2014 $3,884 $148,517 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Price Changed $960,000 0.0% $312 / Sq Ft
02/05/2025 02/05/25 For Rent $2,200 0.0% --
01/13/2025 01/13/25 For Sale $990,000 +28.6% $322 / Sq Ft
08/26/2022 08/26/22 Sold $770,000 -2.4% $250 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
06/14/2022 06/14/22 Price Changed $789,000 +2.5% $256 / Sq Ft
06/02/2022 06/02/22 Price Changed $770,000 -2.4% $250 / Sq Ft
05/23/2022 05/23/22 For Sale $789,000 -- $256 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $770,000 --
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,040,000 New Conventional
Closed $462,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11723742

MIAMI REALTORS® MLS

APN: 30-2232-003-0120