Multifamily in Miami, FL 33127

Beds
3,575
SqFt
$378
$/SqFt
Multifamily
Built in 1937
Fourplex
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.
MLS Number: A12077881
On Site: 41 Days
Updated: 19 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: WallFurnace
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Other,Tile
        • Year Built: 1937
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2026-08-26T00:30:42.000-00:00
          Taxes, Fees & More
          • Taxes: 12053

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          Price History

          Date
          Event
          Price
          Change
          Price Per
          08/25/2026
          Listed
          $1.4M
           
          $378 ft2
          $4,065 m2
          08/25/2026
          $1.4M
          Event
          Listed
          Price Per
          $378 ft2
          $4,065 m2
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Juliana Yepes • Real Estate Sales Force • Buyer Agency Compensation .

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