PRICED TO SELL!!! Waterfront Triplex on a big 11,250 sqft double lot. Roof and Central A/C in all units were replaced in 2019. Updated 3/2 in the back with big patio and entertainment area. Centrally Located between Flagler & 8 Street. 5 Blocks from Palmetto Expressway. One of a kind. Won't last!!! SOLD "AS IS" WITH RIGHT TO INSPECT.
Multi-familyProperty Type
1956Year Built
$305Est. Price/Sq.Ft.
8 spacesParking
Listed by Luis Reyes• Keller Williams Capital Realty
Waterfront Triplex w/ Big Lot. Gross Income of $48,000. NOI of $35,500 Cap Rate of 7.65. New Roof, New Central A/C in all units, 3/2 with new kitchen, appliances, etc. Just Painted. Centrally Located between Flagler & 8 Street. 5 Blocks from Palmetto Expr essway.
MARMLS #A1838904
Jul 24, 2014
Sold
$255,000
$82/sq ft
Sep 10, 2013
Pending
—
Sep 6, 2013
Listed
$239,999
$77/sq ft
One story triplex in central location. Cash buyer investment opportunity. The tenants are presently all family, therefore there is not current rental income. However, they are willing to negotiate a lease with new owner or new tenants can be found. Unit 1 : 2/1, Unit 2: 2/1, Unit 3: 3/2. CASH ONLY. Sale not subject to appraisal.
Public Records
Nov 5, 1999
Sold
$210,000
$67/sq ft
Public Records
Jun 11, 1997
Sold
$200,000
$64/sq ft
Public Records
Apr 5, 1996
Sold
$170,000
$55/sq ft
Public Records
Jan 4, 1991
Sold
$165,000
$53/sq ft
Public Records
Oct 1, 1978
Sold
$55,000
$18/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$15,729 (−0.4%)
$506,250 + $223,643
$729,893
2024
$15,787 (+6.7%)
$506,250 + $223,643
$729,893
2023
$14,797 (+7.7%)
$450,282 + $214,077
$664,359
2022
$13,744 (+21.6%)
$450,282 + $214,077
$664,359
2021
$11,300 (+4.8%)
$393,997 + $217,398
$611,395
2020
$10,780 (+3.1%)
$281,426 + $196,768
$478,194
2019
$10,452 (+6.5%)
$241,789 + $194,447
$436,236
2018
$9,810 (+5.9%)
2017
$9,268 (+6.1%)
2016
$8,734 (+37.0%)
$185,504 + $200,110
$385,614
2015
$6,374 (+10.9%)
$153,635 + $194,343
$347,978
2014
$5,748 (+12.4%)
2013
$5,115 (−6.4%)
2012
$5,467 (−1.7%)
$56,127 + $176,540
$232,667
2011
$5,562
Tax history for 396 Tamiami Canal Rd
Year
Property tax
Land + Additions
Assessment*
2025
$15,729 (−0.4%)
$506,250 + $223,643
$729,893
2024
$15,787 (+6.7%)
$506,250 + $223,643
$729,893
2023
$14,797 (+7.7%)
$450,282 + $214,077
$664,359
2022
$13,744 (+21.6%)
$450,282 + $214,077
$664,359
2021
$11,300 (+4.8%)
$393,997 + $217,398
$611,395
2020
$10,780 (+3.1%)
$281,426 + $196,768
$478,194
2019
$10,452 (+6.5%)
$241,789 + $194,447
$436,236
2018
$9,810 (+5.9%)
2017
$9,268 (+6.1%)
2016
$8,734 (+37.0%)
$185,504 + $200,110
$385,614
2015
$6,374 (+10.9%)
$153,635 + $194,343
$347,978
2014
$5,748 (+12.4%)
2013
$5,115 (−6.4%)
2012
$5,467 (−1.7%)
$56,127 + $176,540
$232,667
2011
$5,562
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
1
Lot width
75 ft.
Lot depth
150 ft.
Lot size
0.26 Acres
Year renovated
1975
Sq. Ft.
1,714
Year built
1956
Style
Multi-Family (2-4 Unit)
County
Miami-Dade County
APN
0140020030320
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 19, 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): 8
Interior
Virtual Tour
Interior Features
Flooring: Ceramic Tile, Tile
Unit Type 1
Unit Description: Parking:Open Parking,Range,Refrigerator,Family Room,Kitchen
# of Units: 1
# of Bedrooms: 2
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Area: 857.0
Unit Type 2
Unit Description: Parking:Open Parking,Range,Refrigerator,Family Room,Kitchen,Utility Room
# of Units: 1
# of Bedrooms: 2
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Area: 857.0
Unit Type 3
Unit Description: Parking:Open Parking,Range,Refrigerator,Washer/Dryer Hookups,Washer,Family Room,Kitchen,Patio/Porch
# of Units: 1
# of Bedrooms: 3
# of Bathrooms Total: 2
# of Full Bathrooms: 2
Area: 1404.0
Exterior
Building Information
Stories: 1
Year Built Details: Resale
Roof Details: Shingle
Construction Details: Block
Land Information
Possible Use: Investment
Lot Information
Lot Features: Quarter To Half Acre Lot
Is Waterfront
Waterfront Features: Canal Front
Frontage Length: 75
Frontage Length Remarks: 75
Zoning Description: 0100
Financial
Tax Information
Annual Tax Amount: $10,780
Tax Year: 2020
Rental Information
Rent Includes: Sewer
Utilities
Utility Information
Utilities: Cable Available
Sewer: Public Sewer
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,714
Stories: 1.0
Lot Size: 0.26 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1956
Year Renovated: 1975
County: Miami-Dade County
APN: 0140020030320
Home facts updated by county records on Sep 19, 2026
Around this home
Schools
Flagami Elementary School
Public PreK-5 • Assigned • 0.5mi
7/10
West Miami Middle School
Public 6-8 • Assigned • 1.2mi
4/10
South Miami Senior High School
Public 9-12 • Assigned • 3.3mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
3/10 Flood Factor
Estimated 10-14% chance 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 105° expected this year, 29 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 • 33144
Average low and high temperatures (°F)
75
59
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62
82
66
83
72
89
76
90
78
91
79
91
78
89
77
86
75
82
69
79
65
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.5 hours in
June and 6.9 hours in December, placing it above the
U.S. average for solar exposure.
9.5 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$903,000 – $1.09M
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