Excellent income-producing duplex featuring a spacious 2-bedroom/1-bath unit and a 3-bedroom/2-bath unit. The property currently generates $5300 per month in rental income. The owner has completed substantial upgrades, making this an attractive opportunity for an investor or owner-occupant seeking additional income. Conveniently located near major roadways, entertainment, and employment centers. Motivated seller bring your best offer! Buyer and buyer’s agent are responsible for verifying all property information, improvements, rental income, and lease terms. Please do not disturb the tenants. Showings by appointment only.
Melrose Heights, located between Little Havana and Coral Gables, is a residential and urban Miami neighborhood with low-rise streetscapes and a workaday, local feel. The neighborhood’s character concentrates along SW 8th Street (Calle Ocho), where ventanita windows, produce markets, and small bakeries set a steady daytime rhythm. Housing leans toward mid-century ranch homes and modest apartment buildings, with mature street trees and narrow sidewalks shaping the block-by-block pace. Nearby cultural anchors such as Tower Theater and the Cuban Memorial Boulevard lend a civic, arts-forward backdrop. Domino Park adds a public square energy, while the Miami River edges bring a quieter, industrial-waterfront contrast.
Provided by Walk Score and Local Logic
Offer insights
$700,000
$700K and above
75% chance or better to win
Why $700K+ is a strong offer
DAYS ON MARKET
14 days
The average home goes pending in 98 days.
SALE-TO-LIST
96.5%
Most homes are selling 3% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
Ceramic tile flooring
Bedrooms
One 2-bedroom unit
One 3-bedroom unit
One efficiency unit
Bathrooms
Each unit has one full bathroom
Kitchen
Kitchens present in each unit
Laundry & utility
Units have individual electric meters
Flooring
Tile flooring throughout
Heating & cooling
Central heating
Central air conditioning
Ceiling fans
Exterior features
Open parking
Quarter- to half-acre and smaller lot configurations noted
Cable availability
Home design
Single-story building
Shingle roof
Parking
Four total parking spaces
Open parking for units
Construction
Brick and block construction
Effective year built
Utilities
Public sewer and septic tank
Cable available
Hot water, sewer, trash collection and water included with rent for some units
Financial info
Some units are rented month-to-month
Reported unit rents: $1,100 (efficiency), $1,900 (each 2-bedroom), $2,300 (3-bedroom)
Electricity and solar
View estimated energy costs and solar savings for this home
L SHAPED DUPLEX LOCATED CENTRALLY ALWAYS RENTED NEW ROOF NEEDS SOME TLC. GREAT OPPORTUNITY TO OWN A MONEY MAKING INVESTMANT PROPERTY OWNER WANTS OFFERS. * * * APPRAISED AT 404000. SELLER WILL CONTRIBUTE 3% TO CLOSING. * * *
Public Records
May 1, 1980
Sold
$35,000
$13/sq ft
Public Records
Apr 1, 1980
Sold
$21,000
$8/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$9,792 (+0.8%)
$249,750 + $244,871
$494,621
2024
$9,711 (+10.2%)
$249,750 + $244,871
$494,621
2023
$8,813 (+19.7%)
$202,554 + $249,108
$451,662
2022
$7,362 (+11.9%)
$202,554 + $249,108
$451,662
2021
$6,581 (+6.4%)
2020
$6,184 (+10.1%)
2019
$5,619 (+10.8%)
$67,518 + $194,339
$261,857
2018
$5,070 (+75.1%)
$67,518 + $171,559
$239,077
2017
$2,896 (+16.4%)
$67,518 + $171,559
$239,077
2016
$2,488 (+13.1%)
2015
$2,200 (+18.2%)
2014
$1,862 (−6.8%)
2013
$1,999 (−15.8%)
2012
$2,374 (+3.8%)
$13,299 + $66,712
$80,011
2011
$2,287
Public record
Beds
5
Baths
2
Stories
1
Lot width
50 ft.
Lot depth
135 ft.
Lot size
6,750 Sq. Ft.
Year renovated
1980
Finished Sq. Ft.
2,666
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,666
Year built
1980
Style
Multi-Family (2-4 Unit)
County
Miami-Dade County
APN
3031280112670
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 20, 2026.
Climate risks
5/10 Flood Factor
Estimated 51-63% 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 104° 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 • 33142
Average low and high temperatures (°F)
75
60
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64
80
67
82
72
88
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91
80
91
79
89
77
85
76
81
69
78
66
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
Redfin Estimate
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $540,000 and $699,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $540K to $699K.