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2420 NW 34th Street, Miami FL 33142

Multi-family For Sale
$725,000

BTC: 11.32812500

ETH: 402.77777778

12 days
0 room(s)
2,133 sqft

Overview

Tremendous income generator in prime Allapattah location. Cash cow for investors. Non-conforming Triplex. Property is completely remodeled. Main house is a very large 2bed 1 bath with a large living and family room. Beautiful new custom kitchen and newer central AC unit. It is rented for $2400 monthly. Side apartment is a remodeled 1 bed and 1 bathroom. It is rented for $1500. Rear apartment is also a 1bed 1 bath remodeled beauty rented for $1600 monthly. Total of $66,000 gross rental income yearly. Property boasts a very large backyard and custom designed solar panels making the FPL bill very low. Plenty of parking in the front.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1925
Lot:
No Data
Heating:
Central
Price/sqft:
$340
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$650,000
$450K – $1.1M
Confidence Low
List vs. estimate
$75K above estimate
List $725,000 · +11.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$339
-21.1% vs. city median $430
Based on
31 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $496K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,254
2025
Parking
6 spaces
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-31-27-001-1350

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $7,254

  • Source details

    • MLS ID: A12024206

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 2133

    • Water Source: Municipal Water

    • Subdivision Name: MELROSE HEIGHTS

Private inquiry
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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: Mederos and Associates Real Estate Inc