$1,350,000

$7,247 est/mo Sourced by Back At You

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Description

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.

Details

MLS #	A12077917
Listing Type	For Sale
Sub-Type	Resale
Status	Active
Year	1937
Days On Site	23
Listing Provided By	Real Estate Sales Force \| Juliana M Yepes

Features

Story(s)	2
Units	2
Building(s)	2
Zoning	3900
Acreage	0.15

Parking

Parking Features	Assigned

Taxes

Tax Annual Amount	12053

Area Information

State	FL
County	Miami Dade
City	Miami
Zip Code	33127
Area	2310
Listing VS Median (in 33127)
Price: $1,350,000 low \| high Med: $152,500 100% of Average On site: 23 low \| high Med: 184.5 12.466124661247% of Average

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Market Activity 33127

Date	Sales	Avg $ Per SqFt	Min Sale Price	Max Sale Price	Med Sale Price
Date: Jul 2026	Sales: 8	Avg $ Per SqFt: $492.87	Min Sale Price: $399,000	Max Sale Price: $1,600,000	Med Sale Price: $839,000
Date: Jun 2026	Sales: 12	Avg $ Per SqFt: $466.6	Min Sale Price: $385,000	Max Sale Price: $1,080,000	Med Sale Price: $602,500
Date: May 2026	Sales: 8	Avg $ Per SqFt: $538.12	Min Sale Price: $155,000	Max Sale Price: $890,000	Med Sale Price: $532,500
Date: Apr 2026	Sales: 9	Avg $ Per SqFt: $472.65	Min Sale Price: $385,000	Max Sale Price: $1,300,000	Med Sale Price: $600,000
Date: Mar 2026	Sales: 11	Avg $ Per SqFt: $385.51	Min Sale Price: $289,900	Max Sale Price: $1,700,000	Med Sale Price: $500,000
Date: Feb 2026	Sales: 3	Avg $ Per SqFt: $682.14	Min Sale Price: $520,000	Max Sale Price: $3,200,000	Med Sale Price: $1,000,000
Date: Jan 2026	Sales: 5	Avg $ Per SqFt: $467.87	Min Sale Price: $275,000	Max Sale Price: $1,200,000	Med Sale Price: $750,000
Date: Dec 2025	Sales: 2	Avg $ Per SqFt: $373.67	Min Sale Price: $525,000	Max Sale Price: $640,000	Med Sale Price: $582,500
Date: Nov 2025	Sales: 1	Avg $ Per SqFt: $186.25	Min Sale Price: $390,000	Max Sale Price: $390,000	Med Sale Price: $390,000
Date: Sep 2025	Sales: 4	Avg $ Per SqFt: $403.72	Min Sale Price: $690,000	Max Sale Price: $1,300,000	Med Sale Price: $705,000

Sourced by Back At You

Jul 2026
Sales:	8
Avg $ Per SqFt:	$492.87
Min Sale Price:	$399,000
Max Sale Price:	$1,600,000
Med Sale Price:	$839,000
Jun 2026
Sales:	12
Avg $ Per SqFt:	$466.6
Min Sale Price:	$385,000
Max Sale Price:	$1,080,000
Med Sale Price:	$602,500
May 2026
Sales:	8
Avg $ Per SqFt:	$538.12
Min Sale Price:	$155,000
Max Sale Price:	$890,000
Med Sale Price:	$532,500
Apr 2026
Sales:	9
Avg $ Per SqFt:	$472.65
Min Sale Price:	$385,000
Max Sale Price:	$1,300,000
Med Sale Price:	$600,000
Mar 2026
Sales:	11
Avg $ Per SqFt:	$385.51
Min Sale Price:	$289,900
Max Sale Price:	$1,700,000
Med Sale Price:	$500,000
Feb 2026
Sales:	3
Avg $ Per SqFt:	$682.14
Min Sale Price:	$520,000
Max Sale Price:	$3,200,000
Med Sale Price:	$1,000,000
Jan 2026
Sales:	5
Avg $ Per SqFt:	$467.87
Min Sale Price:	$275,000
Max Sale Price:	$1,200,000
Med Sale Price:	$750,000
Dec 2025
Sales:	2
Avg $ Per SqFt:	$373.67
Min Sale Price:	$525,000
Max Sale Price:	$640,000
Med Sale Price:	$582,500
Nov 2025
Sales:	1
Avg $ Per SqFt:	$186.25
Min Sale Price:	$390,000
Max Sale Price:	$390,000
Med Sale Price:	$390,000
Sep 2025
Sales:	4
Avg $ Per SqFt:	$403.72
Min Sale Price:	$690,000
Max Sale Price:	$1,300,000
Med Sale Price:	$705,000

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Contact

Learn More About This Property

Ursula Froes

Arterra

(248) 252-0075 ursula@arterraluxe.com

State	FL
County	Miami Dade
City	Miami
Zip Code	33127
Area	2310
Listing VS Median (in 33127)
Price: $1,350,000 low \| high Med: $152,500 100% of Average On site: 23 low \| high Med: 184.5 12.466124661247% of Average

Sourced by Back At You

Nearby Listings (Within 1/10 mile)

Price: $1.12M - $1.687M

sqft: 0 - 0

Nearby Listings Property Image	Nearby Listings Details
	$1,350,000 Miami, FL 33127
	$1,900 Miami, FL 33127
	$625,000 797 Nw 35th Street Miami, FL 33127
	$800,000 3509 Nw 9th Avenue Miami, FL 33127
	$2,400,000 800 Nw 36th Street Miami, FL 33127

Listing Updated: September 17, 2026 at 6:32:00 AM PDT