Duplex in 435 NE 69th St Miami for sale with MLS# A11970442
Located in Miami's rapidly evolving Upper Eastside corridor, legal upper / lower duplex presents a compelling opportunity for investors seeking stable rental income with future upside. This 2,074 SF multi-family property is currently fully leased, generating $67,200 in gross annual income. 2 spacious units, each with 2 BR's and 2 bath. The upstairs residence includes a den that has been converted into a 3rd BR, offering added rental flexibility and increased income potential, while the downstairs unit is a well-configured 2BR/2BA layout. Positioned in a desirable pocket near Morningside, the property benefits from strong rental demand and proximity to neighborhood amenities. Nearby comparables shows the buyer's insatiable appetite for specifically multi-family, reinforcing the area's ongoing investment activity. Residents enjoy convenient access to local markets, cafés, & nearby educational institutions including Morningside K-8 Academy & Elementary School, & Cushman School. With immediate cash flow, flexible unit layouts, and a location in one of Miami's steadily appreciating neighborhoods with current income & growth. Current tenants are NOT short-term but current tenant is operating as AIRBNB & easily double the cap rate closer to 12%. Please ask for a walk-through video. 4 parking. Roof & AC units are 8-10 yrs old. Elect panels 2015, HWH 2019. 60 day notice if you no longer want current tenants.
435 NE 69th St, Miami, FL 33138
- Price:
- $949,000.00
- Original List Price:
- $949,000.00
- Rent Includes:
- Other
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential Income (Multifamily 2-4)
- Property Type:
- Duplex
- MLS Number:
- A11970442
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 16, 2026 12:58 pm
- Living Area:
- 2,074 Sqft
- Built-Up Area:
- 2,074 Sqft
- Lot Size Unit:
- Square Feet
- Lot Features:
- Less Than Quarter Acre
- Waterfront:
- No
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Year Built:
- 1949
- Year Built Details:
- Resale
- Roof:
- Flat, Tile
- Levels:
- Two
- Construction Materials:
- Block
- Flooring:
- Tile
- Stories:
- 2
- Tax Annual Amount:
- $14,616.00
- Tax Year:
- 2025
- Property Tax Status:
- Tax Reflects No Exemptions
- Parking Total Spaces:
- 4
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Utilities Available:
- Cable Available
- Subdivision Name:
- BAYWOOD
- Senior Community:
- No
- Documents Available:
- Financials
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA
- Occupant Type:
- Call Agent
- Buyer Possession:
- Close Of Escrow, Closing And Funding
- Tax Legal Description:
- 18 53 42 BAYWOOD PB 5-85 LOT 11 BLK 5 LOT SIZE 50.000 X 102 OR 18165-4834 0698 1
- Real Estate Folio Number (Parcel Number):
- 01-32-18-004-0940
- Zoning Description:
- 0104
- Originally published on:
- March 16, 2026 12:58 pm
- Active on the market since:
- March 16, 2026
- Price change occurred on:
- February 23, 2026 12:44 pm
- Listing Status Last Changed On:
- March 16, 2026 12:58 pm
- Photos updated on:
- March 31, 2026 3:49 pm
- Last Modified:
- April 10, 2026 10:48 pm
- Flood Zone:
- X
- Type of Association:
- None
- Style:
- Duplex
- Municipal Code:
- 1
- Subdivision Number:
- 4
- Courtesy of:
- Keller Williams Capital Realty
- Attribution:
- Not provided
- Street Name:
- 69th St
- Street Number:
- 435
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33138
- County:
- Miami-Dade
- Latitude:
- N25° 50' 20.6''
- Longitude:
- W81° 48' 45.4''
- Street Direction Prefix:
- NE
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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