,Detached, Triplex, Central Park for Sale

for Sale

Price $799,000.00

• Lot size 2508
• Year Build 1939
• Waterfront
• Zip 33135
• Style Detached
• Parking Description
• Pool Yes
• Status Active

Description

Incredible opportunity to own a well-located multifamily property on an expansive 7,500 SF lot in the heart of Miami. Featuring a brand NEW barrel tile roof completed in 2026, the property consists of two 2-bedroom/1-bath units, and a studio efficiency. It includes a true 1-car garage, two sets of full size washer and dryers, and two electric meters. The property is currently occupied by reliable, long-term tenants, offering immediate income potential for investors seeking stable cash flow. The oversized lot is enhanced by mature mango and avocado trees, and sits near the end of a dead-end street. Ideally located near Coral Gables, Brickell, Downtown Miami, and Miami International Airport, the property offers strong rental demand and long-term upside. Continue operating as-is for dependable income, or add value over time through cosmetic updates and rental increases. Excellent opportunity for investors or an owner to live in one unit and rent the others.

CENTRAL PARK PB 5-57 LOT 11 BLK 11 LOT SIZE 50.000 X 150 OR 16690-3608 1194 4

Less Than 1/4 Acre Lot

Incredible opportunity to own a well-located multifamily property on an expansive 7,500 SF lot in the heart of Miami. Featuring a brand NEW barrel tile roof completed in 2026, the property consists of two 2-bedroom/1-bath units, and a studio efficiency. It includes a true 1-car garage, two sets of full size washer and dryers, and two electric meters. The property is currently occupied by reliable, long-term tenants, offering immediate income potential for investors seeking stable cash flow. The oversized lot is enhanced by mature mango and avocado trees, and sits near the end of a dead-end street. Ideally located near Coral Gables, Brickell, Downtown Miami, and Miami International Airport, the property offers strong rental demand and long-term upside. Continue operating as-is for dependable income, or add value over time through cosmetic updates and rental increases. Excellent opportunity for investors or an owner to live in one unit and rent the others.

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Latitude:25.7690683,Cooling Y N:1,Heating Y N:1,List Price:799000,Listing Id:A12025639,Longitude:-80.2428497,Mls Status:Active,Year Built:1939,Living Area:2288,Postal Code:33135,Coordinates:1:25.7690683,Photos Count:29,Building Name:CENTRAL PARK,Days On Market:10,Listing Terms:1:Conventional,2:VA Loan,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Central Park,On Market Date:2026-05-27,Parcel Number:01-41-03-040-1900,Parking Total:4,Property Type:Residential Income,Stories Total:1,M I A M I R E_ Style:Triplex,Public Remarks:Incredible opportunity to own a well-located multifamily property on an expansive 7,500 SF lot in the heart of Miami. Featuring a brand NEW barrel tile roof completed in 2026, the property consists of two 2-bedroom/1-bath units, and a studio efficiency. It includes a true 1-car garage, two sets of full size washer and dryers, and two electric meters. The property is currently occupied by reliable, long-term tenants, offering immediate income potential for investors seeking stable cash flow. The oversized lot is enhanced by mature mango and avocado trees, and sits near the end of a dead-end street. Ideally located near Coral Gables, Brickell, Downtown Miami, and Miami International Airport, the property offers strong rental demand and long-term upside. Continue operating as-is for dependable income, or add value over time through cosmetic updates and rental increases. Excellent opportunity for investors or an owner to live in one unit and rent the others.,County Or Parish:Miami-Dade County,Expiration Date:2026-11-30,List Office Name:Compass Florida, LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1306,Property Sub Type:Triplex,State Or Province:FL,Subdivision Name:CENTRAL PARK,Tax Annual Amount:9176,Listing Agreement:Exclusive Right To Sell,Year Built Details:Resale,Building Area Total:2508,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:X,M I A M I R E_ L P Amt Sq Ft:349.2133,Original List Price:799000,Public Survey Range:41,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:Incredible opportunity to own a well-located multifamily property on an expansive 7,500 SF lot in the heart of Miami. Featuring a brand NEW barrel tile roof completed in 2026, the property consists of two 2-bedroom/1-bath units, and a studio efficiency. It includes a true 1-car garage, two sets of full size washer and dryers, and two electric meters. The property is currently occupied by reliable, long-term tenants, offering immediate income potential for investors seeking stable cash flow. The oversized lot is enhanced by mature mango and avocado trees, and sits near the end of a dead-end street. Ideally located near Coral Gables, Brickell, Downtown Miami, and Miami International Airport, the property offers strong rental demand and long-term upside. Continue operating as-is for dependable income, or add value over time through cosmetic updates and rental increases. Excellent opportunity for investors or an owner to live in one unit and rent the others.,Listing Contract Date:2026-05-27,Originating System I D:miamire,Public Survey Section:10,Showing Instructions:24 Hour Notice,Tax Legal Description:CENTRAL PARK PB 5-57 LOT 11 BLK 11 LOT SIZE 50.000 X 150 OR 16690-3608 1194 4,M I A M I R E_ Current Price:799000,Public Survey Township:41,M I A M I R E_ Municipal Code:1,M I A M I R E_ Total Mortgage:1,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:1929,M I A M I R E_ Internet Remarks:Multifamily with new roof!,M I A M I R E_ Parcel Number M L X:1900,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.769027$-80.242867$20.74$13.33$1.00$hn-pegh1utNaSYL0IS2yQw,Contract Status Change Date:2026-05-27,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:3,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:40,M I A M I R E_ Agent Alternate Phone:954-850-3905,Internet Entire Listing Display Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:349.21,