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600 NW 116th Ter, Miami FL 33168

Multi-family For Sale
$675,000

BTC: 8.13253012

ETH: 277.54934211

1 days
0 room(s)
1,584 sqft

Overview

PLEASE READ PRIOR TO CONTACTING Owner/agent: Cash flow Machine ($62k+ per year!) Beautiful triplex east of i-95 with three 1/1 totaling nearly 1,600 SF of living area on 6k+ SF Lot and 3 private fenced yards (one for each tenant). All 3 units are rented out generating $62,700/year in gross annual income. 1 water meter. 2 of 3 units have laundry inside. 2 of 3 tenants are month to month. Brand new septic and drain field installed September 2026. All 3 units are rented out and have been fully remodeled and updated. The roof is in good shape but a brand new roof can be installed at full price. Corner lot with plenty of off-street parking. i95 wall protection from storms! Stunning property. Please TEXT listing agent for with any questions. All tenants are current. Property to be sold with clean title.

Location

Florida • Miami • 33168 • Multi-family • For Sale

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1956
Lot:
No Data
Heating:
Central
Price/sqft:
$426
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$675,000
$525K – $693K
Confidence Medium
List vs. estimate
At estimate
List $675,000 · +0.0%
List is in line with recent comparable activity.
Price per sq ft
$426
-2.7% vs. city median $437
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $385K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,780
2025
Parking
6 spaces
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 30-21-36-032-0350

    • Zoning: 6400

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $5,780

  • Source details

    • MLS ID: A12106198

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Attached

    • Living Area: 1584

    • Subdivision Name: PARKWOOD TERRACE

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
33168
46
median $580K
Active
Same city
Miami
5,698
median $650K
Active
Same type
Multi-family
212
median $900K
Active
Similar price
$472K – $877K
2,044
median $640K
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: Sigma Real Estate & Investment