$1,350,000
 $7,247 est/mo Sourced by Back At You

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Description

5-unit multifamily investment in Miami's Allapattah neighborhood offering in-place income, immediate lease-up upside and longer-term redevelopment optionality. Four 2BR/1BA units plus a legal detached 2BR/2BA, five separate electric meters and one vacant unit. Historical T-12: $108,822 gross income and $91,295 NOI, representing a 6.76% cap at the $1.35M asking price. Approx. 6,534 SF site currently zoned T4-R. Adjacent 765 NW 35th St is T5-L, providing a relevant nearby zoning precedent for buyers evaluating future rezoning, mixed-use, workforce housing or Live Local strategies. Near Wynwood, Miami Health District, Downtown, SR-836, I-95 and MIA. Redevelopment potential subject to independent verification and City approvals.

Details

MLS #A12077881
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1937
Days On Site29
Listing Provided ByReal Estate Sales Force | Juliana M Yepes

Features

SQ Feet3,575
Story(s)2
Units4
Zoning3900

Taxes

Tax Annual Amount12053

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33127
Area2310
Community NameEDEN PARK
Listing VS Median (in EDEN PARK)
Price:
$1,350,000
low | high
Med:
$625,000
100% of Average
sqft:
3,575
low | high
Med:
1,323
100% of Average
$ / sqft:
$378
low | high
Med:
$472
24.898519078413% of Average
On site:
29
low | high
Med:
316
9.177215189873% of Average
Sourced by Back At You

Market Activity 33127

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33127
Area2310
Community NameEDEN PARK
Listing VS Median (in EDEN PARK)
Price:
$1,350,000
low | high
Med:
$625,000
100% of Average
sqft:
3,575
low | high
Med:
1,323
100% of Average
$ / sqft:
$378
low | high
Med:
$472
24.898519078413% of Average
On site:
29
low | high
Med:
316
9.177215189873% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.12M - $1.687M
sqft: 2,500 - 4,000
Nearby Listings Property ImageNearby Listings Details
3411 NW 9th Court B Property Photo 1
$2,100
3411 Nw 9th Court B
Miami, FL 33127
Listing Updated: September 17, 2026 at 6:40:41 AM PDT
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