Property Miami for sale with MLS# A12077917
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: NOI, representing a 6.76% cap at the $1.35M asking price. Approx. 6,534 SF site currently zoned T4-R. Adjacent lot 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 is subject to independent verification and City approvals.
The street address for this listing (MLS-A12077917) is private
- Price:
- $1,350,000.00
- Original List Price:
- $1,350,000.00
- Tenant Pays:
- Electricity, Trash Collection, Maintenance, Interior Electric
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- August 25, 2026 4:00 am
- Lot Area:
- 6,534 Sqft
- Lot Size Acres:
- 0.15
- Security:
- Smoke Detector(s), Security Gate, Other
- Air Conditioning
- Air Conditioning System:
- Wall/window Unit(s)
- Year Built:
- 1937
- Roof:
- Other
- Number of Buildings:
- 2
- Number of Units Total:
- 2
- Construction Materials:
- Other
- Flooring:
- Tile, Other
- Number of stories:
- 2
- Road Frontage Type:
- City Street
- Flood Zone Code:
- X
- Property Condition:
- Resale
- Tax Annual Amount:
- $12,053.00
- Parking Total Spaces:
- 10
- Parking Features:
- Assigned
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Documents Available:
- Rent Rolls, Copy Of Lease(s)
- Listing Terms Considered by Seller:
- Cash, Conventional, Other
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- 26 53 41 EDEN PARK PB 7-29 LOT 22 LESS S5FT TO CITY LOT SIZE 6650 SQUARE FEET OR 16240-4682 0294 1 COC 25209-1975 12 2006 1
- Zoning:
- 3900
- Active on the market since:
- August 25, 2026
- Listing Agreement executed on:
- August 25, 2026
- Listing Status Last Changed On:
- August 25, 2026 4:00 am
- Photos updated on:
- September 16, 2026 11:22 pm
- Last Modified:
- October 30, 2026 5:33 pm
- Courtesy of:
- Real Estate Sales Force
- Attribution:
- Not provided
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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