36 NE 65th St, Miami, FL 33138 — MLS photo

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36 NE 65th St, Miami, FL 33138

Active · Quadruplex

$3,990,000

36 NE 65th St, Miami, FL 33138

Beds
—
Baths
0
Living area
15,996 sq ft
$ / sq ft
$249/sq ft
Year built
1922
Lot size
—
HOA fee
—
Annual tax
—

About this property

This two-story building features a desirable unit mix catering to the strong demand for affordable and workforce housing in the area. Strategically positioned just east of North Miami Avenue, the property benefits from proximity to the Miami Design District, Wynwood, and Midtown, offering tenants access to major employment centers, retail, and cultural amenities. The asset provides investors with immediate cash flow and significant upside potential through interior renovations and rent optimization, as current rents remain below market averages. Little Haiti continues to experience rapid growth and redevelopment, attracting both local and national investment, enhancing the long-term value of multifamily assets in the submarket.

Property location

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36 NE 65th St, Miami, FL 33138

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Facts & features

Interior

Bathrooms
0
Living area
15,996 sq ft

Exterior & Structure

Property type
Quadruplex
Year built
1922

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A11945698
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

$8,229

Cap rate
8.2%
Net yield
8.2%
Cash-on-cash return
8.8%
Gross yield
12.0%
Mortgage payment
$18,915/mo
Down payment
$997,500
Loan amount
$2,992,500
Annual NOI
$325,722

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