$950,000

Estimated payment $5,977/month

Total Views 581,568
-- Bed
-- Bath
2,306 Sq Ft
$412 Price per Sq Ft

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window

About This Home

Be part of the investment surge transforming one of Miami’s most desirable and centrally located neighborhoods — Shenandoah. This triplex offers exceptional potential for both income ($7,000+/mo projected gross income) and long-term appreciation. The property features a main structure with two spacious 2 bed/2 bath units – one beautifully renovated and just rented annually for $2350/mo, and another awaiting a full remodel, plus a detached 1 bed cottage, just rented annually for $1500/mo. Roof less than 5 years old. Buyer will assume responsibility for curing a city violation, but plans for the cure will be provided, making for a smooth transition. Perfectly situated just minutes from Brickell, Coral Gables, Coconut Grove, & Downtown Miami, this property combines prime location, solid rental potential, and value-add upside.

Listing Agent

Eric Farmelant

Compass Florida, LLC License #3290089 Listed on: 10/30/2025

Compass Florida, LLC

Co-Listing Agent

Alexandra Zeidan

Douglas Elliman License #3331077

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,281

Year Built

  • Built in 1930

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Frame With Stucco

Interior Spaces

  • 2,306 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 3 Units
  • Vedado Condos
  • Vedado Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-10-027-0500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,281

Year Built

Built in 1930

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1930
  • Property Sub Type: Triplex
  • Architectural Style: Attached
  • Co List Office Mls Id: DEOM19
  • Co List Office Phone: 305-695-6060
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Subdivision Name: VEDADO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 950000
  • InternetRemarks: triplex in shenandoah
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 2306
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: Concrete Block Construction, Frame With Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: VEDADO
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-10-027-0500
  • Zoning: 0100

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11281

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

3D Interior and Exterior Tours

Floorplan

Map

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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
2025 $11,281 $527,850 $448,000 $79,850
2024 $7,030 $547,972 $419,950 $128,022
2023 $7,030 $317,054 $0 $0
2022 $6,458 $297,383 $0 $0
2021 $6,186 $279,234 $240,962 $38,272
2020 $6,486 $251,022 $212,750 $38,272
2019 $6,434 $269,099 $187,775 $81,324
2018 $6,019 $269,099 $187,775 $81,324
2017 $5,806 $196,167 $0 $0
2016 $5,572 $178,334 $0 $0
2015 $4,931 $162,122 $0 $0
2014 $4,482 $147,384 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2025 10/30/25 For Sale $950,000 +4.4% $412 / Sq Ft
05/15/2023 05/15/23 Sold $910,000 -4.2% $394 / Sq Ft View Prior Sale
05/12/2023 05/12/23 Pending -- -- --
11/07/2022 11/07/22 Price Changed $950,000 -1.0% $412 / Sq Ft
10/17/2022 10/17/22 Price Changed $960,000 -1.0% $416 / Sq Ft
09/28/2022 09/28/22 Price Changed $970,000 -0.7% $420 / Sq Ft
09/04/2022 09/04/22 For Sale $977,000 0.0% $423 / Sq Ft
09/04/2022 09/04/22 Off Market $977,000 -- --
08/19/2022 08/19/22 Price Changed $977,000 +0.2% $423 / Sq Ft
07/27/2022 07/27/22 For Sale $975,000 -- $423 / Sq Ft
Source: MIAMI REALTORS® MLS

About the Listing Agent

Eric Farmelant

Compass Florida, LLC

(786) 822-7294

Section Image

Thank you for considering me to assist you in accomplishing your real estate goals. I am five star rated on Yelp, Google, Zillow, FastExpert, and am eager to prove to you why I was named the Miami Herald's favorite real estate agent in 2023, 2024, and 2025!

I’ve worked in real estate since 2014, but before that, I was a lawyer. I differentiate myself from most other brokers by applying my attorney mindset and skillset to my real estate business. I emphasize the “agent” part of a real

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Source: MIAMI REALTORS® MLS

MLS Number: A11905132

MIAMI REALTORS® MLS
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