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638 SW 15th Ave, Miami FL 33135

Multi-family For Sale
$1,125,000

BTC: 19.23076923

ETH: 705.46626617

-$25K (2026/06/15)
82 days
0 room(s)
1,381 sqft

Overview

Excellent Location, Walking Distance from Ball & Chain and Little Havana's Calle Ocho has to offer. This property is the definition of a Covered Land Play. It is zoned T5-O which allows for countless redevelopment opportunities. Property also sits within a TOD site within a half mile of SW 7th Street. With the added leniency offered by Florida's SB 102 "Live Local Act", a 20-Unit Multi Family can be achieved. Property is larger than tax roll and currently a Duplex with two long term tenants paying a total of $4050 on a monthly basis with plenty of room to increase to market rents. Please do not bother the tenants. Buyer responsible to perform his/her due diligence as to what can and will be allowed to be built at this property. Call or Text Agent for further inquiries.

Location

Florida • Miami • 33135 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1923
Lot:
No Data
Heating:
Heat Pump/Reverse Cycle
Price/sqft:
$815
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,125,000
$659K – $1.4M
Confidence Low
List vs. estimate
At estimate
List $1,125,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$814
+94.0% vs. city median $420
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $900K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,098
2025
Parking
4 spaces
All facts and features

  • Flooring

    • Concrete

    Heating

    • Heat Pump/Reverse Cycle

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-41-02-006-6030

    • Zoning: 6101

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $10,098

  • Source details

    • MLS ID: A11997082

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 1381

    • Water Source: Municipal Water

    • Subdivision Name: LAWRENCE EST LAND COS SUB,Little Havana

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33135
73
median $995K
Active
Same city
Miami
5,519
median $650K
Active
Same type
Multi-family
205
median $950K
Active
Similar price
$787K – $1.5M
1,026
median $998K
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Veissi & Associates, Inc.