$2,250,000
Miami, FL 33145
MLS# F10519433
Status: Active Under Contract
8899 sqft
1 / 33
Property Description
BRING OFFERS! Significant Price Drop, Now at over a 5% Cap! Multifamily Turnkey 12-unit apartment building on a Corner Lot consisting of 12,626 Sq. Ft with add-on potential and 10 minutes from Coconut Grove, 1785 SW 13th St featuring spacious one-bedroom, one-bathroom residences with living rooms, dining areas, and kitchens boasting double-height ceilings. The property has undergone extensive renovations, including updated plumbing and electrical systems, newer wall-mounted A/C units, and a new roof installed in 2021. The 40-Year Recertification was completed in 2018, ensuring peace of mind for investors.
Details
Maps
Contract Information
Comp Sale YN: No
Seller Represented YN: Yes
Listing Date: 2025-08-13
Status: Active Under Contract
Original List Price: 3500000
List Price: $2,250,000
Current Price: $2,250,000
Listing Service: Full Service
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Code: 33145
Geographic Area: DADE
Subdivision Number: 64
Building Name: 1785
Property Description: Shenandoah Multifamily 12 Unit
Country: United States
Street Number: 1785
Street Direction Prefix: SW
Street Name: 13th
Street Suffix: Street
State Or Province: FL
Area: 2410
Parcel Number: 0141100640480
Zoning: T3R
General Property Information
Number Of Buildings: 1
Number Of Units Total: 12
Price Per Unit: 200000
Occupant Type: Tenant
Accessibility Features YN: No
Lot Size Area: 12626
Stories Total: 3
Property Sub Type: Multi Family
Building Area Main: 8899
Building Area Source: Appraiser
Year Built: 1928
Parking Total: 12
Lot Size Acres: 0.29
Currently Not Used
Ownership Type: Corporation
Office/Member Information
DXORIGMLSID: RML
Electric
0-100 Amp Service: 1
Flooring
Vinyl: 1
Foundation Details
Block: 1
Parking Features
Guest: 1
On Street: 1
Shared: 1
Other: 1
Property Condition
Resale: 1
Updated/Remodeled: 1
Special Listing Conditions
Standard: 1
Documents Available
Aerial Photo(s): 1
Copy Of Lease(s): 1
Financial Statement: 1
Other Available Information: 1
Owner Managed: 1
Rent Rolls: 1
Fencing
Fenced: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Number Of Meters Total: 12
Number Of Separate Electric Meters: 12
Location of Property
Corner Lot: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Electricity Available: 1
Water Connected: 1
Other: 1
Building and Property Details
# Of Tenants: 12
# Of Toilets: 12
Door Height: 12+'
Improvement Height: 3-5 Stories
Building Features
Rear Access: 1
Business Type
Rental: 1
Residential: 1
Ceiling
Other: 1
Column Span
Unknown: 1
Common Area Maintenance Includes
Exterior Electric: 1
Fire Liability Insurance: 1
Gas/Oil: 1
HVAC Maintenance: 1
Interior Electric: 1
Water: 1
Heating
Window/Wall: 1
Sale Includes
Building: 1
Land: 1
Sprinkler Description
Other Sprinkler: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Corner Lot: 1
Oversized Lot: 1
Other Equipment
Call Listing Agent: 1
Road Frontage Type
City Street: 1
Road Responsibility
Public Maintained Road: 1
Roof
Other: 1
Security Features
Fire Alarm: 1
Smoke Detector(s): 1
Water Source
Public: 1
Income and Expenses
Gross Income: 218220
Inc/Exp Statement Period: 12 Months
Vacancy Allowance Rate: 100
Occupancy Percentage: 100
Gross Scheduled Income: 280000
Net Operating Income: 114162
Source Of Expenses
Owner Provided: 1
Description of Unit Type 1
Unit Type: 1 Bedroom
Units Total: 1
Beds Total: 1
Half Baths: 1
Furnished: No
Description of Unit Type 2
Unit Type: 1 Bedroom
Units Total: 2
Beds Total: 1
Half Baths: 1
Furnished: No
Cooling
Wall/Window Unit(s): 1
Description of Unit Type 3
Unit Type: 1 Bedroom
Units Total: 3
Beds Total: 1
Half Baths: 1
Furnished: No
Description of Unit Type 4
Unit Type: 1 Bedroom
Units Total: 4
Beds Total: 1
Half Baths: 1
Furnished: No
Description of Unit Type 5
Unit Type: 1 Bedroom
Units Total: 5
Beds Total: 1
Half Baths: 1
Furnished: No
Description of Unit Type 6
Unit Type: 1 Bedroom
Units Total: 6
Beds Total: 1
Half Baths: 1
Furnished: No
Description of Unit Type 7
Unit Type: 1 Bedroom
Units Total: 7
Beds Total: 1
Half Baths: 1
Furnished: No
Showing Requirements
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Restrictions
Parking - No Boat: 1
Parking - No Trailer: 1
Parking - No Truck: 1
Traffic Type
Light: 1
Contingencies
Financing: 1
Section Details
Parcel Number MLX: 0480
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 28447
Tax Year: 2024
Tax Legal Description: 10 54 41 SOUTH SHENANDOAH PB 11-64 LOTS 13 & 14 BLK 4 LOT SIZE 107.000 X 118 OR 15247-1363 0991 4
Status Change Information
Major Change Timestamp: 2026-07-10T20:14:37Z
Major Change Type: Status Change
Price Change Timestamp: 2026-05-17T16:31:26Z
Status Change Date: 2026-07-10
Under Contract Type: Active Under Contract
Under Contract Date: 2026-07-10
Unit Details
Number Of Units Leased: 12
Originating Details
Originating System Key: 602321126
Originating System ID: M00000170
Property Features
Building Features: Rear Access
Business Type: Rental; Residential
Ceiling: Other
Column Span: Unknown
Common Area Maintenance Includes: Exterior Electric; Fire Liability Insurance; Gas/Oil; HVAC Maintenance; Interior Electric; Water
Documents Available: Aerial Photo(s); Copy Of Lease(s); Financial Statement; Other Available Information; Owner Managed; Rent Rolls
Electric: 0-100 Amp Service
Fencing: Fenced
Flooring: Vinyl
Foundation Details: Block
Heating: Window/Wall
Location of Property: Corner Lot
Parking Features: Guest; On Street; Shared; Other
Possession: Close Of Escrow
Property Condition: Resale; Updated/Remodeled
Sale Includes: Building; Land
Special Listing Conditions: Standard
Sprinkler Description: Other Sprinkler
Source Of Expenses: Owner Provided
Construction Materials: Block
Cooling: Wall/Window Unit(s)
Listing Terms: Cash; Conventional
Lot Features: Corner Lot; Oversized Lot
Other Equipment: Call Listing Agent
Restrictions: Parking - No Boat; Parking - No Trailer; Parking - No Truck
Road Frontage Type: City Street
Traffic Type: Light
Road Responsibility: Public Maintained Road
Roof: Other
Security Features: Fire Alarm; Smoke Detector(s)
Sewer: Public Sewer
Utilities: Cable Available; Electricity Available; Water Connected; Other
Water Source: Public
Showing Requirements: Call Listing Agent; Listing Agent Must Accompany
Contingencies: Financing
Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot
Listing Office: LoKation
Last Updated: July - 25 - 2026
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