$1,250,000
Miami, FL 33155
MLS# A10336451
Status: Closed
3417 sqft
1 / 18
Property Description
Excellent income producing property just blocks from the University of Miami! This centrally located detached 2 building triplex is a one of a kind opportunity just off Red Rd. Included in the sale is a separate folio with approved plans for an additional 5 bed 4 bath building. First unit features 3/2, second 2/1 and third 2/2 totaling 7 beds 5 baths. Sitting on 2 folios for combined 23,309 sqft., private lot features a gleaming pool and separate driveways with plenty of parking. Each unit is fully equipped with tile flooring, updated kitchens & bathrooms as well as large, spacious bedrooms. Both buildings are solid concrete structures, have accordion shutters and were recently re-roofed. Currently tenant occupied (PLEASE do not disturb tenants).
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2017-08-25
Status: Closed
Original List Price: 1424000
Sold Price: $1,250,000
Current Price: $1,250,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 30
Postal Zip: 33155
Subdivision Number: 0
Flood Zone: X
Country: United States
Street Number: 5116
Street Name: Red
Street Suffix: Road
State Or Province: FL
Postal Code: 33155
Postal Code +4: 6348
Subdivision Name: BILTMORE HGTS RED ROAD AD
Area: 2400
Parcel Number: 3040240000980
Zoning: 0100
Directions: (PLEASE do not disturb tenants) 51 Street & 57 Avenue.
General Property Information
Number Of Units Total: 3
Adjusted Area Main: 3144
Living Area Main: 3352
Parking Total: 8
Outdoor Living Spaces YN: Yes
Stories Total: 2
Pool Private YN: Yes
Property Sub Type: Triplex
Building Area Main: 3417
Year Built: 1939
Office/Member Information
DXORIGMLSID: SEF
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2017-12-23T04:39:48Z
Major Change Type: Status Change
Price Change Timestamp: 2017-10-20T00:59:08Z
Status Change Date: 2017-12-22
Under Contract Date: 2017-12-07
Close Date: 2017-12-22
Close Price: 1250000
Exterior Features
Awning(s): 1
Flooring
Carpet: 1
Tile: 1
Vinyl: 1
Property Condition
Resale: 1
Documents Available
Existing Survey: 1
Other Available Information: 1
Rent Rolls: 1
Other Structures
Outbuilding: 1
Possession
Negotiable: 1
Sewer
Septic Tank: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Construction Materials
CBS: 1
Laundry Features
Outside: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Pool Features
Concrete: 1
Equipment Included: 1
In Ground: 1
Roof
Flat: 1
Tile: 1
Income and Expenses
Gross Income: 7700
Cooling
Central Air: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Tax Information
City/County: 1
Outdoor Living Spaces
Patio: 1
Porch: 1
Porch Details
Porch - Open: 1
Buyer Details
Intended Use: Investment
Buyer State: Florida
Zip Code: 33146
Concessions
Seller Concessions: No
Unit 1 Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 1 Details
Actual Rent: 3900
Baths Full: 2
Beds Total: 3
Efficiency YN: No
Furnished: Unfurnished
SqFt: 1856
Unit 1 Lease Description
Currently Leased YN: Yes
Unit 1 Other Equipment
Smoke Detector(s): 1
Unit 1 Parking Features
Open Parking: 1
Unit 1 Rooms
Family Room: 1
Kitchen: 1
Laundry Room: 1
Unit 2 Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 2 Details
Actual Rent: 2000
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 748
Unit 2 Lease Description
Currently Leased YN: Yes
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Features
Open Parking: 1
Unit 3 Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Unit 3 Details
Actual Rent: 1800
Baths Full: 2
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
SqFt: 748
Unit 3 Lease Description
Currently Leased YN: Yes
Unit 3 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 3 Parking Features
Open Parking: 1
Price Calculations
Current Price To SqFt: 372.91
Section Details
Parcel Number MLX: 0980
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
Financial Information
Tax Annual Amount: 9351
Tax Year: 2016
Tax Legal Description: 24 54 40 0.261 AC M/L BEG 240FTW & 211.76FTN OF SE COR OF SE1/4 OF NE1/4 OF SE1/4 N60.20FT E77.70FT S10.70FT E112.30FTT S59.50FT W112.30FT N
Originating Details
Originating System Key: 268458543
Originating System ID: M00000151
Property Features
Documents Available: Existing Survey; Other Available Information; Rent Rolls
Exterior Features: Awning(s)
Flooring: Carpet; Tile; Vinyl
Property Condition: Resale
Construction Materials: CBS
Cooling: Central Air
Heating: Central; Separate Meters
Laundry Features: Outside
Listing Terms: Cash; Conventional; Other
Other Structures: Outbuilding
Pool Features: Concrete; Equipment Included; In Ground
Possession: Negotiable
Roof: Flat; Tile
Sewer: Septic Tank
Tax Information: City/County
Utilities: Cable Available
Showing Requirements: 24 Hour Notice; Appointment Only
Outdoor Living Spaces: Patio; Porch
Porch Details: Porch - Open
Unit 1 Appliances: Dishwasher; Microwave; Range; Refrigerator
Unit 1 Other Equipment: Smoke Detector(s)
Unit 1 Parking Features: Open Parking
Unit 1 Rooms: Family Room; Kitchen; Laundry Room
Unit 2 Appliances: Dishwasher; Microwave; Range; Refrigerator
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Open Parking
Unit 3 Appliances: Dishwasher; Microwave; Range; Refrigerator
Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 3 Parking Features: Open Parking
Acreage Description: 1/2 To Less Than 1 Acre Lot
Listing Office: Miami Brokers Group
Last Updated: August - 11 - 2026
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