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2400 NW 25th Ave, Miami FL 33142

Multi-family Recently Sold
$1,150,000

BTC: 19.16666667

ETH: 741.93548387

Sold on: 2023-06-06
2 days
0 room(s)
4,188 sqft

Overview

Amazing Income Producer! Legal 4plex 2brs 1bths in West Wynwood. Large corner lot with parking. The property is fully occupied (leases are available ) and currently brings in $94,800 in rental income, NET Income of $78,440. Spacious units with balcony. Terrazzo floors. Located near highways. Units rented for $2000. All Units have an independent electric meter, and one water meter for all units. Laundry hookup on side of bldg. Invest in this dynamic area that's experiencing huge economic growth, with rental rates soaring due to sub 2% vacancies. The property is located within minutes of Miami International Airport, the Dolphin Expressway, and Downtown Miami business and financial districts including many top restaurants and shopping. Don't miss out on this incredible opportunity.

Location

Florida • Miami • 33142 • Multi-family • Recently Sold

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1968
Lot:
No Data
Heating:
Electric
Price/sqft:
$287
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,375,000
$1.1M – $1.6M
Confidence Low
List vs. estimate
$175K below estimate
List $1,200,000 · -12.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$286
-34.2% vs. city median $435
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $480K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,760
2022
Parking
8 spaces
All facts and features

  • Flooring

    • Terrazzo

    Heating

    • Electric

    Cooling

    • Wall/Window Unit(s)

  • Property

    • Exterior Features: Balcony

    Other Property Information

    • Parcel Number: 01-31-27-004-0252

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $11,760

  • Source details

    • MLS ID: A11369108

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 4188

    • Subdivision Name: CLAYTON HEIGHTS

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
33142
264
median $625K
Active
Same city
Miami
12,539
median $640K
Active
Same type
Multi-family
528
median $995K
Active
Similar price
$840K – $1.6M
2,149
median $1.1M
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: Flipex Miami Realty Corp