$1,575,000
Miami, FL 33144
MLS# A12053802
4948 sqft
1 / 41
Property Description
Rare opportunity to acquire an exceptionally spacious, income-producing multifamily property in a highly desirable central Miami location. Offered at $1,575,000, 440-442 SW 81 Avenue features approximately 4,436 square feet of living area situated on an impressive 12,197-square-foot lot. The property's substantial building footprint and oversized grounds distinguish it from typical duplex and small multifamily properties throughout Miami-Dade County. Currently configured as two 3-bedroom, 2-bath residences with a rental value of $3,750 per month each, plus a 1-bedroom, 1-bath apartment with a rental value of $1,500 per month. The current occupancy arrangement reflects a combined monthly rental value of $9,000, equivalent to $108,000 in annual gross rental potential, with opportunities for further income growth. An exceptional opportunity for investors seeking income potential, versatility and long-term appreciation.
Details
Maps
Contract Information
Comp Sale YN: No
Owner Phone: 305-216-1866
Listing Date: 2026-07-14
Status: Active
Original List Price: 1675000
List Price: $1,575,000
Current Price: $1,575,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 30
Postal Zip: 33144
Subdivision Number: 1
Multiple Offers Accepted: Yes
Special Assessment YN: No
Flood Zone: AH
Country: United States
Street Number: 440-442
Street Direction Prefix: SW
Street Name: 81st
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33144
Postal Code +4: 2136
Subdivision Name: FLAGAMI 3RD ADDN
Area: 2400
Elementary School: Seminole (Miami-Dade)
Middle Or Junior School: West Miami
High School: Miami Coral Park
Parcel Number: 3040030014480
Zoning: 5700
General Property Information
Number Of Units Total: 3
Adjusted Area Main: 4298
Living Area Main: 4436
Lot Size Dimensions: 12,197
Parking Total: 8
Outdoor Living Spaces YN: Yes
Stories Total: 2
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 4948
Year Built: 1955
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 9770
Tax Year: 2025
Tax Legal Description: FLAGAMI 3RD ADDN PB 17-59 LOTS 22 & 23 BLK 32 LOT SIZE 100.000 X 120 OR 20267-4190 03/2002 4 COC 25472-2603 07 2006 1
Office/Member Information
DXORIGMLSID: SEF
Flooring
Tile: 1
Property Condition
Resale: 1
Documents Available
None: 1
Fencing
Fenced: 1
Structure Type
Duplex: 1
Other Structures
Outbuilding: 1
Possession
Close Of Escrow: 1
Sewer
Septic Tank: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Fruit Tree(s): 1
Room for Pool: 1
Roof
Shingle: 1
Income and Expenses
Gross Income: 9000
Net Operating Income: 108000
Boat and Dock Information
Dock: Yes
Boat Dock Accommodates: Up to 20 Ft Boat
Cooling
Central Air: 1
Paddle Fan(s): 1
Wall/Window Unit(s): 1
Ceiling Fan Details
Number Of Ceiling Fans: 3
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Storm Protection
Accordian Shutters: Complete
Tax Information
County Only: 1
Outdoor Living Spaces
Balcony: 1
Patio: 1
Balcony Details
Balcony - Open: 1
Unit 1 Details
Actual Rent: 3750
Baths Full: 2
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
Unit 1 Lease Description
Lease Term: Month To Month
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Laundry Room: 1
Unit 2 Details
Actual Rent: 3750
Baths Full: 2
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
Unit 2 Lease Description
Lease Term: Month To Month
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Details
Carport YN: Yes
Unit 3 Details
Actual Rent: 1500
Baths Full: 1
Beds Total: 1
Efficiency YN: Yes
Furnished: Unfurnished
Unit 3 Lease Description
Lease Term: Month To Month
Unit 3 Other Equipment
Air Conditioning Unit: 1
Unit 3 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 355.04
Section Details
Parcel Number MLX: 4480
Acreage Description
1/4 To Less Than 1/2 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-09-29T16:04:41Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-09-29T16:04:41Z
Status Change Date: 2026-09-29
Originating Details
Originating System Key: 531519160
Originating System ID: M00000151
Property Features
Documents Available: None
Fencing: Fenced
Flooring: Tile
Property Condition: Resale
Structure Type: Duplex
Construction Materials: Block
Cooling: Central Air; Paddle Fan(s); Wall/Window Unit(s)
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional
Lot Features: Fruit Tree(s); Room for Pool
Other Structures: Outbuilding
Possession: Close Of Escrow
Roof: Shingle
Sewer: Septic Tank
Tax Information: County Only
Utilities: Cable Available
Showing Requirements: Appointment Only; Call Listing Agent
Outdoor Living Spaces: Balcony; Patio
Balcony Details: Balcony - Open
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Laundry Room
Unit 2 Other Equipment: Air Conditioning Unit
Unit 3 Other Equipment: Air Conditioning Unit
Unit 3 Parking Features: Open Parking
Acreage Description: 1/4 To Less Than 1/2 Acre Lot
Listing Office: Homes Depot USA R.E. Inc.
Last Updated: November - 15 - 2026
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