SHORT SALE OPPORTUNITY! 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 that's been gutted and awaiting a full remodel, plus a detached 1 bed cottage, just rented annually for $1500/mo. Roof is 5 years old. Buyer will assume responsibility for curing a CITY VIOLATION and any associated fines, but architectural plans for the cure will be provided. Please inquire for more details.
Multi-familyProperty Type
1930Year Built
$325Price/Sq.Ft.
6 spacesParking
Listed by Eric Farmelant• Compass Florida, LLC
•954-850-3905 (agent)
•Eric.farmelant@compass.com (agent)
•305-697-5402 (broker)
•mlsfl@compass.com (broker)
Listed by Alexandra Zeidan• Douglas Elliman
•305-695-6060 (broker)
•martha.pomares@elliman.com (broker)
Bought with Sasha Evanoski• Tejeda Real Estate, Inc.
13% CAP RATE WITH AIRBNB OR 7% WITH CURRENT ANNUAL LEASES! Buyer can be cash or financing ONLY!! Renovated including brand new roof on both buildings! Property has 2 buildings; main building is 2/2 plus den/office on upper floor($2700), and 2 units 1/1 ground level($1400). The second building is a large 1/1 ($1600). Completely fenced lot has 5 private parking spaces inside plus plenty of street parking. 3 electrical meters & 1 for water. All tenants are mo to mo, rents are below market rent. CHECK COMPS, NO better deal under $1M anywhere in this area. Check attached docs for rent pro-formas & survey. Over $7100 a month of income!
MARMLS #A11187422
Jul 15, 2022
Listing Removed
—
May 3, 2022
Contingent
—
Apr 11, 2022
Listed
$980,000
$425/sq ft
MARMLS #A11181965
Apr 5, 2022
Listing Removed
—
Mar 29, 2022
Listed
$980,000
$425/sq ft
MARMLS #A11114598
Dec 8, 2021
Listing Removed
—
Nov 14, 2021
Price Changed
$850,000
$369/sq ft
Oct 21, 2021
Listed
$880,000
$382/sq ft
MARMLS #A11071870
Oct 20, 2021
Listing Removed
—
Jul 16, 2021
Listed
$880,000
$382/sq ft
Public Records
May 12, 2020
Sold
$555,000
$241/sq ft
MARMLS #A10784782
Mar 31, 2020
Listing Removed
—
Dec 5, 2019
Listed
$574,900
$249/sq ft
MARMLS #A10675215
Nov 1, 2019
Listing Removed
—
May 10, 2019
Listed
$595,000
$258/sq ft
MARMLS #A10566187
Apr 30, 2019
Listing Removed
—
Mar 21, 2018
Listed
$595,000
$258/sq ft
MARMLS #A10446401
Oct 21, 2018
Listing Removed
—
Mar 21, 2018
Listed
$595,000
$258/sq ft
MARMLS #A2196963
Mar 1, 2016
Listing Removed
—
Dec 27, 2015
Price Changed
$530,000
$230/sq ft
Oct 30, 2015
Listed
$535,000
$232/sq ft
MARMLS #A2146272
Oct 29, 2015
Listing Removed
—
Aug 13, 2015
Price Changed
$535,000
$232/sq ft
Aug 13, 2015
Price Changed
$575,000
$249/sq ft
Aug 13, 2015
Price Changed
$435,000
$189/sq ft
Jul 16, 2015
Listed
$575,000
$249/sq ft
Public Records
Oct 3, 2006
Sold
$540,000
$234/sq ft
Public Records
Oct 4, 2005
Sold
$400,000
$173/sq ft
Public Records
Aug 7, 1996
Sold
$120,000
$52/sq ft
Public Records
Jul 1, 1996
Sold
$120,000
$52/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$10,847 (−3.8%)
$448,000 + $79,850
$527,850
2024
$11,281 (+60.5%)
$448,000 + $79,850
$527,850
2023
$7,030 (+8.9%)
2022
$6,458 (+4.4%)
2021
$6,186 (−4.6%)
2020
$6,486 (+0.8%)
$240,962 + $38,272
$279,234
2019
$6,434 (+6.9%)
2018
$6,019 (+3.7%)
2017
$5,805 (+4.2%)
2016
$5,571 (+13.0%)
$187,775 + $81,324
$269,099
2015
$4,931 (+10.0%)
2014
$4,482 (+4.7%)
2013
$4,280 (+0.2%)
2012
$4,270 (−5.1%)
$45,743 + $92,800
$138,543
2011
$4,498
Public record
Public record
Zoning
Beds
4
Baths
3
Stories
2
Lot width
50 ft.
Lot depth
112 ft.
Lot size
5,600 Sq. Ft.
Year renovated
1964
Sq. Ft.
1,496
Year built
1930
Style
Multi-Family (2-4 Unit)
County
Miami-Dade County
APN
0141100270500
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 15, 2026.
T3-R
Sub-Urban Transect Restricted Zone
The Sub-Urban Zone consists of low-Density areas, primarily comprised of Single-Family and Two Family residential units with relatively deep Setbacks, Streetscapes with swales, and with or without Sidewalks. Blocks may be large and the roads may be of irregular geometry to accommodate natural and historic conditions.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Property details
Parking
Parking
# of Parking (Total): 6
Interior
Virtual Tour
Interior Features
Flooring: Tile, Vinyl
Unit Type 1
Unit Description: Parking:Open Parking
# of Units: 1
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Actual Rent: $1,500
Actual Rent Range: 1500.00
Unit is Leased
Unit Type 2
Unit Description: Parking:Open Parking
# of Units: 1
# of Bedrooms: 2
# of Bathrooms Total: 2
# of Full Bathrooms: 2
Actual Rent Range: 0.00
Unit Type 3
Unit Description: Parking:Open Parking
# of Units: 1
# of Bedrooms: 2
# of Bathrooms Total: 2
# of Full Bathrooms: 2
Actual Rent: $2,350
Actual Rent Range: 2350.00
Unit is Leased
Exterior
Building Information
Stories: 2
Year Built Details: Resale
Construction Details: Block, Frame, Stucco
Land Information
Possible Use: Investment
Lot Information
Lot Features: Less Than Quarter Acre
Zoning Description: 0100
Financial
Tax Information
Annual Tax Amount: $11,281
Tax Year: 2024
Utilities
Utility Information
Utilities: Cable Available
Sewer: Public Sewer
Heating & Cooling
Has Cooling
Cooling: Wall/Window Unit(s)
Has Heating
Heating: Wall Furnace
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 1,496
Stories: 2.0
Lot Size: 5,600 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1930
Year Renovated: 1964
County: Miami-Dade County
APN: 0141100270500
Home facts updated by county records on Oct 15, 2026
Around this home
Schools
Shenandoah Elementary School
Public PreK-5 • Assigned • 0.6mi
7/10
Shenandoah Middle School
Public 6-8 • Assigned • 0.5mi
5/10
Miami Senior High School
Public PreK-12 • Assigned • 1.0mi
5/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 104° expected this year, 30 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Miami, FL • 33145
Average low and high temperatures (°F)
75
60
77
64
80
67
82
73
88
77
89
79
91
80
91
79
89
76
85
75
81
69
78
66
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
82/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Miami. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.2 hrs
6.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$880,000 – $1.07M
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