Triplex in 1342 NW 1st Street, Miami, FL 33125 with MLS# A11964603

Investor opportunity in Miami's urban core. This triplex, currently configured as a four-unit property, offers approximately 1,950 total square feet and is located just minutes from LoanDepot Park, Downtown Miami, Miami Worldcenter, Brightline, and the Health District. The property requires repairs and updates but presents strong value-add potential for investors or owner-users seeking to capitalize on continued redevelopment and growth in the surrounding area. Positioned in Overtown, an area experiencing ongoing residential and mixed-use improvements, this asset offers long-term upside within close proximity to major employment centers, transportation, and entertainment. Buyer to verify zoning, use, and square footage. Property sold as-is.

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Days on the market

1342 NW 1st Street, Miami, FL 33125

Price
Price:
$629,950.00
Original List Price:
$629,950.00
Close Price:
$640,000.00
Transaction closed on:
May 15, 2026
Property Status and Type
Listing Type:
Sold
Status:
Closed
Special Sale Conditions:
Real Estate Owned (REO) Lender/Bank Owned
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Triplex
Description of Last Important Update:
Status Change
Last Major Update on:
May 15, 2026 4:00 am
Measures
Living Area:
1,950 Sqft
Built-Up Area:
2,025 Sqft
Lot Size Dimensions and Info:
4500
Property Features
Waterfront:
No
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Separate Meters, Window/wall
Construction
Year Built:
1922
Roof:
Other
Number of Units Total:
3
Levels:
Two
Construction Materials:
Frame, Stucco
Flooring:
Wood, Other
Number of stories:
1
Number of Units in the Community or Building:
4
Flood Zone Code:
AE,X
Taxes and Expenses
Tax Annual Amount:
$11,670.00
Tax Year:
2025
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Utilities
Sewer:
Public Sewer
Utilities Available:
Cable Available
Water Source:
Public
Community
Association
Association Type:
Other Type Of Association
Subdivision Name:
LAWRENCE ESTATE LAND CO
Senior Community:
No
Terms
Documents Available:
Other Available Information
Listing Terms Considered by Seller:
Cash, Conventional, FHA
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
LAWRENCE ESTATE LAND COS SUB PB 2-46 N90FT LOT 6 BLK 62 LOT SIZE 50.000 X 90 OR 19550-4002 0301 4
Real Estate Folio Number (Parcel Number):
0141020059560
Zoning:
6107
Public Schools Assigned
Elementary School:
New Heights Elementary-pn
High School:
Booker T. Washington
Middle Or Junior School:
Citrus Grove
Listing History
Active on the market since:
February 20, 2026
Listing Agreement executed on:
February 20, 2026
Purchase Contract Date:
March 16, 2026
Listing Status Last Changed On:
May 15, 2026 4:00 am
Photos updated on:
May 18, 2026 3:05 pm
Last Modified:
August 17, 2026 4:04 pm
Additional Information
Courtesy of:
Julies Realty, LLC
Attribution:
Not provided
Location
Street Name:
1st
Street Number:
1342
City:
Miami
State:
Florida
Zip Code:
33125
County:
Miami-Dade
Latitude:
N25° 46' 27.2''
Longitude:
W81° 46' 57.8''
Street Suffix:
Street
Street Direction Prefix:
NW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $40,940
Median Home Value $377,600
Median Rent $1,427/mo
Median Age 43
Population 55,449

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
Ver la Propiedad Ver la propiedad 1342 NW 1st Street, Miami, FL 33125
Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available. Properties may be listed or sold by various participants in the MLS.