600 NW 116th Ter, Miami, FL 33168
600 NW 116th Ter, Miami, FL 33168
600 NW 116th Ter, Miami, FL 33168
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$675,000
Est. payment /mo
1,584 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,584 sqft

Price per Sqft $426

Subdivision Parkwood Terrace

MLS Listing ID A12106198

HOA Y/N Yes

Year Built 1956

Annual Tax Amount $5,780

Tax Year 2025

Property Sub-Type Triplex

Property Description

PLEASE READ PRIOR TO CONTACTING Owner/agent: Cash flow Machine ($62k+ per year!) Beautiful triplex east of i-95 with three 1/1 totaling nearly 1,600 SF of living area on 6k+ SF Lot and 3 private fenced yards (one for each tenant). All 3 units are rented out generating $62,700/year in gross annual income. 1 water meter. 2 of 3 units have laundry inside. 2 of 3 tenants are month to month. Brand new septic and drain field installed September 2026. All 3 units are rented out and have been fully remodeled and updated. The roof is in good shape but a brand new roof can be installed at full price. Corner lot with plenty of off-street parking. i95 wall protection from storms! Stunning property. Please TEXT listing agent for with any questions. All tenants are current. Property to be sold with clean title.

Location

State FL

County Miami-dade

Community Parkwood Terrace

Area 30

Zoning 6400

Interior

Heating Central

Cooling Central Air

Flooring Tile

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 30-21-36-032-0350

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12106198


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Sigma Real Estate & Investment

NEARBY SCHOOL & BUSINESS

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William Gartin

William Gartin

+1(305) 842-6097

Agent License ID: 3422133

Agent License ID: 3422133

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