Miami, FL 33133
Property Type
Duplex
Central AC
Yes
Patio/Porch
Deck, Patio, Porch
Year Built
1946
Listing courtesy of Jose Suazo of RE/MAX Advance Realty II.
Exceptional investment and lifestyle opportunity in the heart of Miami's prestigious Coconut Grove corridor. This income-producing triplex features two spacious 2-bedroom, 1.5-bathroom units plus a studio efficiency, generating $69,000 net annual income with a 5% cap rate. Each unit offers updated kitchens with quartz countertops, renovated bathrooms, laminate flooring, in-unit laundry, and private entrances. Ample parking available front and back. Ideally located steps from the Underline, Coconut Grove, Coral Gables, and Brickell. Minutes to Miami International Airport, top-rated schools, and world-class dining and shopping. Walkable, bike-friendly neighborhood with excellent transit access. Zoned T4-R offering future redevelopment potential. Strong Airbnb and short-term rental upside. Florida has no state income tax making this an ideal asset for domestic and international investors alike. Whether you are seeking strong cash flow or a live-in investment, this property checks every box. Do not miss this turnkey opportunity in one of Miami's fastest-growing markets.
Miami
A11882259
1,957 Sqft
Miami
Duplex
1946
Common Area
Block
1
One
1946
3900
Miami
florida
Fenced
Deck, Patio, Porch
Yes - Central Air, Ceiling Fan(s)
Ceramic Tile, Laminate
Yes - Central
Total$7,338.90/Month
*The values provided are approximate. For more precise information, please contact a BHS agent who can offer further assistance.
| Address | Size | Sold For |
|---|---|---|
| 11117 Sw 113th Pl 0Miami | 3 BR / 2 BA | $260,000 |
| 3 Grove Isle Dr #C901 #C901Miami | 3 BR / 2.5 BA | $1,525,000 |
| 1581 Brickell Ave #1002 #1002Miami | 2 BR / 2 BA | $780,000 |
| 901 Brickell Key Bl #3606 #3606Miami | 3 BR / 2.5 BA | $1,375,000 |
| 3470 E Coast Av #H1214 #H1214Miami | 2 BR / 2.5 BA | $430,000 |
Closed sales recorded by Brown Harris Stevens agents.

Miami, FL, is known for its vibrant outdoor lifestyle, beautiful beaches and unique dining experiences.
Information is deemed reliable but is not guaranteed and should be independently verified.