$1,345,000
$245K PRICE DROP

Estimated payment $8,506/month

Total Views 2,778
-- Bed
-- Bath
3,612 Sq Ft
$372 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2-minute walk to Culmer
  • Heating System Mounted To A Wall or Window
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

5 UNITS AIRBNB MULTIPLEX OPPORTUNITY.
Recently appraised at $1.4M.
Nestled in Miami's sought-after Riverside neighborhood, this multifamily property offers unparalleled potential with T6-8-O zoning and a prime location. Featuring a 3-bedroom home , 3x 1-bedroom units and a 2bedrooms unit
Operated as a thriving Airbnb, generating $170K+ annually ($220K in 2022) with $100K+ net income. Confirmed bookings of $50K are included with the sale.

Ideally located near Wynwood, Brickell, Little Havana, and the Design District, with easy access to Miami International Airport, Port of Miami, and major highways, it’s a commuter’s dream. The area’s ongoing revitalization, high-end dining, and luxury developments make this a turnkey investment or redevelopment gem.

Listing Agent

Thomas Bichi

Keller Williams Capital Realty License #3261222

Keller Williams Capital Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,791

Year Built

  • Built in 1924

Home Design

  • Quadruplex
  • Flat Roof with Façade front
  • Shingle Roof

Interior Spaces

  • 3,612 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Parquet

Utilities

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

Community Details

  • No Home Owners Association
  • 3 Units
  • Spring Garden Condos
  • Spring Garden Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-35-027-0100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,791

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached, Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: SPRING GARDEN
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other, Parquet, Wood
  • Living Area: 3612
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front, Other, Shingle
  • Construction Type: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SPRING GARDEN

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-35-027-0100
  • Zoning: 6100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13791

Multi Family

  • Number Of Units In Community: 3

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Price Changed $1,345,000 -3.6% $372 / Sq Ft
02/06/2025 02/06/25 Price Changed $1,395,000 -6.7% $386 / Sq Ft
01/15/2025 01/15/25 Price Changed $1,495,000 -6.0% $414 / Sq Ft
12/06/2024 12/06/24 For Sale $1,590,000 -- $440 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11705655

MIAMI REALTORS® MLS