UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,244 sqft
Price per Sqft $289
Subdivision 07Th Ave Highlands
MLS Listing ID TB8405925
Bedrooms 7
HOA Y/N No
Year Built 1947
Annual Tax Amount $7,321
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions 100x135
Property Sub-Type Triplex
Source Stellar MLS
Property Description
This is a rare chance to secure a versatile, income-producing triplex on one of the largest lots in the neighborhood—perfect for a cash buyer investor looking for long-term returns or a multi-use setup with endless potential. Located on a quiet street in one of Miami's fastest-developing areas, this property offers both immediate functionality and room to grow.
Situated on a fully fenced, lushly landscaped lot, this unique setup features two large buildings divided into three separate units, each with its own private entrance, individual electric meters, and separate water meters. Previously used as an assisted living facility, the layout is ideal for multi-generational living, long-term rentals, or repurposing for specialized residential care. One unit has been beautifully renovated, showcasing luxury vinyl plank flooring, solid wood cabinets, white countertops, and a modern bathroom with marble-look tile, rainfall showerhead, and upgraded vanity. The other two units are clean and fully functional, with light cosmetic updates offering the opportunity to maximize rental income quickly.
Outside, the expansive lot features a long, wide driveway with ample off-street parking, vibrant landscaping, and tons of space for lounging, storage, gardening, or even future additions. There's plenty of street parking, and the layout provides flexibility to expand or further optimize the property. Major capital improvements are already done: new roofs installed on all buildings in 2018, and A/C replaced the same year. Electrical and plumbing are in solid working order, giving you a reliable foundation to build on.
Zoned for flexibility and with NO HOA restrictions, this is the ideal property for a cash investor looking to add value, generate immediate income, or hold as a long-term appreciating asset. The location is just minutes from downtown, the airport, restaurants, and retail—offering both quiet residential appeal and easy access to Miami's core.
Whether you're buying to rent, expand, or customize for multi-family or specialty use, this property checks every box.
Schedule your showing today and secure a rare, cash-flow-ready asset in the heart of Miami.
Location
State FL
County Miami-dade
Community 07Th Ave Highlands
Area 99999 - Unknown
Zoning 5700
Interior
Interior Features Other
Heating Central, Electric, Ductless
Cooling Central Air, Wall/Window Unit(s)
Fireplace false
Laundry Other
Exterior
Exterior Feature Other
Utilities Available Other
Roof Type Shingle
Garage false
Private Pool No
Building
Foundation Slab
Lot Size Range 1/4 to less than 1/2
Sewer Public Sewer
Water Public
Structure Type Stucco,Wood Siding
New Construction false
Others
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/stellar/TB8405925
