Home in Miami For Sale
Property Details
| Asking Price | $1,350,000 |
|---|---|
| Price per SqFt | $378 |
| Property Taxes | $12,053 2025 |
| Interior Space | 3,575 SqFt |
| Beds/Baths | —/— |
| Year Built | 1937 |
| Pool | No |
| MLS # | A12077881 |
From the listing
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.
Listed by Real Estate Sales Force
What It Costs to Own
Monthly, before a mortgage and insurance
Taxes $12,053 for 2025. MLS figures, which may not be accurate.
Sales History for This Home · Home in Miami
Sales history is unavailable for this property
Listed by Real Estate Sales Force. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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Home in Miami, Miami · MLS A12077881 · $1,350,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.