UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,803 sqft
Price per Sqft $588
Subdivision North Gate
MLS Listing ID A12010064
Style Fourplex
HOA Y/N No
Year Built 1969
Annual Tax Amount $13,060
Tax Year 2025
Property Sub-Type Quadruplex
Property Description
Brand-new roof (2026) significantly reduces future capital expenditures, enhancing long-term returns and investor confidence. The property also includes on-site laundry, assigned parking, and efficient layouts with strong tenant appeal.
Individually metered water (submeters for each unit) allows utility costs to be passed through to tenants, reducing owner expenses and improving overall NOI.
Positioned just steps from Biscayne Blvd and minutes to the Design District, Midtown, Wynwood, and Downtown Miami, this location drives consistent rental demand and supports premium rents.
Ideal for investors seeking immediate cash flow + appreciation upside, with a stabilized asset in a high-growth corridor. Opportunities at this cap rate for renovated product in MiMo are increasingly rare.
Easy to show. Contact listing agent for financials and rent roll.
Location
State FL
County Miami-dade
Community North Gate
Area 32
Direction FOLLOW GPS
Interior
Heating Central
Cooling Central Air
Flooring Hardwood, Wood
Exterior
Pool None
Utilities Available Cable Not Available
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Others
Tax ID 01-32-18-024-0870
Acceptable Financing Cash, Conventional, Cryptocurrency, FHA
Listing Terms Cash, Conventional, Cryptocurrency, FHA
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12010064
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION