Property Attributes
- MLS#A11944416
- TypeIncome
- Listing Status Active
- CountyMiami-Dade
- CityMiami
- Area31
- NeighborhoodHOLLEMAN MANOR ADDN
- Zip33142
- Style
- Year Built1925
- Taxes$ 11991
- Price$ 1,074,000
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms0
- Sqr Footage3042
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description
Four-unit multifamily investment opportunity in Miami’s Allapattah neighborhood with established in-place income and long-term upside. The property consists of four 1-bedroom / 1-bath units generating $89,940 in annualized rental income, with an in-place NOI of $58,385 and a 5.4% cap rate at the current asking price. Features include separate electric meters, shared on-site laundry, on-site parking, a 2020 roof, 2021 stucco improvements, and completed 2025 recertification. The 8,632 SF lot provides a functional property layout with convenient access to Wynwood, Miami International Airport, Downtown Miami, Brickell, South Beach, and major transportation corridors. A strong opportunity for investors seeking current income with additional operational upside. Seller is seeking a traditional sale with full proceeds at closing. Seller financing will not be considered. Short-term rental income is subject to applicable local regulations.
| Price History | |
|---|---|
| 4/2/2026 | Listed $1,197,000 |
| 5/22/2026 | 10$1,075,000 |
| 9/18/2026 | Listed $1,074,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Central Air,Ceiling Fan(s) |
| Utilities | Cable Available |
| Possession | Close Of Escrow |
| Roof | Shingle |
| Architectural Style | Fourplex |
| Pool Features | None |
| Construction Materials | Block |
| Year Built | 1925 |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | Quadruplex |
| Tax Year | 2025 |
| County | Miami-Dade |
| Property Type | Residential Income |
| Subdivision Name | HOLLEMAN MANOR ADDN |
| Rent Includes | Hot Water,None |
| Full Baths | 1 |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| City | Miami |
| Zoning Description | 5700 |
| Number Of Units Total | 1 |
| MLS Area | 31 |
| Lot Size Units | Square Feet |
| Listing Terms | Cash,Conventional,FHA,VA Loan |
| Year Built Details | Resale |
| Tax Annual Amount | 11991 |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11944416 |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Property Sub Type Additional | Quadruplex |
| PostalCity | Miami |
| Legal Description | HOLLEMAN MANOR ADD PB 13-60 LOT 22 & S23FT LOT 3 BLK 8 LOT SIZE 52.000 X 166 OR 13871-1957 1088 4 COC 22555-1540 08 2004 4 |
Interior Features
| Flooring | Ceramic Tile |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 1 |
Exterior Features
| Lot Features | < 1/4 Acre |
|---|---|
| Water Source | Public |
| Total Parking | 10 |
| Building Area Total | 3042 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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Data Last Updated: September 21, 2026 6:08 PM UTC