Multifamily in Miami Springs for sale with MLS# A11876792
Discover 1490 Oakwood Dr, a rare 7-unit multifamily property zoned R-3C in one of Miami's most desirable locations. Just steps from Miami International Airport, the highly anticipated Freedom Park Soccer Stadium, and major highways, this property offers unmatched convenience in the heart of it all-while still enjoying the charm and prestige of Miami Springs. All units are currently leased below market rent, presenting significant upside potential for increased cash flow. Options abound: renovate and raise rents, convert to lucrative short-term rentals like Airbnb, or redevelop into something truly spectacular. With demand for centrally located investment properties at an all-time high, this is a chance to secure a property with unlimited possibilities in a high-growth area
The street address for this listing (MLS-A11876792) is private
- Price:
- $1,000,000.00
- Previous Asking Price:
- $1,599,999.00
- Original List Price:
- $1,900,000.00
- Tenant Pays:
- Electricity
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Contingency:
- No Contingencies
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A11876792
- Description of Last Important Update:
- Pending (An offer has been accepted)
- Last Major Update on:
- December 12, 2025 12:53 pm
- Built-Up Area:
- 3,645 Sqft
- Lot Area:
- 8,125 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Heating
- Heating System:
- Wall Furnace, Window Unit
- Year Built:
- 1946
- Number of Buildings:
- 2
- Number of Units Total:
- 7
- Construction Materials:
- Block
- Road Frontage Type:
- City Street
- Tax Annual Amount:
- $16,384.00
- Tax Year:
- 2024
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Other
- Occupant Type:
- Tenant
- Buyer Possession:
- Closing & Funding
- Lease Considered:
- No
- Tax Legal Description:
- 20 53 41 PB 34-90 AMD PL OF AMD PL OF EDGEWATER PK LOT 5 BLK 7 LOT SIZE IRREGULAR OR 20531-0261 04/2001 4 COC 26514-2480 07 2008 5
- Real Estate Folio Number (Parcel Number):
- 05-31-20-034-0801
- Zoning Description:
- 3702
- Title to the property is held by owner as:
- Self Proprietor/individual
- Originally published on:
- September 11, 2025 12:33 pm
- Active on the market since:
- September 11, 2025
- Price change occurred on:
- December 9, 2025 3:03 pm
- Listing Status Last Changed On:
- December 12, 2025 12:53 pm
- Photos updated on:
- September 15, 2025 4:54 pm
- Last Modified:
- December 12, 2025 5:53 pm
- Flood Zone:
- AH
- Municipal Code:
- 5
- Florida Property Assessed Clean Energy (PACE) Program:
- 0
- Subdivision Number:
- 34
- Courtesy of:
- Real Estate Sales Force
- Attribution:
- Not provided
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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