405 NW 64th St, Miami, FL 33150 — MLS photo

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405 NW 64th St, Miami, FL 33150

Active · Triplex

$583,000

405 NW 64th St, Miami, FL 33150

Beds
—
Baths
0
Living area
1,668 sq ft
$ / sq ft
$350/sq ft
Year built
1941
Lot size
—
HOA fee
—
Annual tax
—

About this property

Investment opportunity in the heart of Little Haiti! This income-producing property offers strong rental potential in one of Miami’s fastest-growing neighborhoods. The property currently features a rented 2-bedroom/1-bath unit at $1,750 per month, an additional 2-bedroom/1-bath unit listed for $1,875 per month, and a 1-bedroom/1-bath unit listed for $1,375 per month, offering excellent income potential for investors or end-users. Property also includes newly added coin-operated laundry for additional convenience and income opportunity. Located on a quiet dead-end street near Wynwood, Midtown, the Design District, shopping, dining, and major highways. Great opportunity for buyers looking for long-term growth and rental demand in a rapidly developing area.

Property location

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405 NW 64th St, Miami, FL 33150

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Facts & features

Interior

Bathrooms
0
Living area
1,668 sq ft

Exterior & Structure

Property type
Triplex
Year built
1941

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11885364
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$119

Cap rate
5.9%
Net yield
5.9%
Cash-on-cash return
0.9%
Gross yield
9.5%
Mortgage payment
$2,764/mo
Down payment
$145,750
Loan amount
$437,250
Annual NOI
$34,587

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.