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10040 NW 8th Ave, Miami FL 33150,Miami,Miami-Dade County,Residential Income

$650,000

Residential Income Active

10040 NW 8th Ave, Miami FL 33150

WhatsApp Pinterest Facebook Twitter Linkedin Email

Residential Income Active

10040 NW 8th Ave, Miami FL 33150,Miami,Miami-Dade County,Residential Income

10040 NW 8th Ave, Miami FL 33150

$650,000

Overview

Triplex
Property Type

2119
Square Feet

1949
Year Built

Description

Attention investors! This fully occupied triplex is situated on a 7,500 sq ft. lot and currently generates $4,800/month in rental income, with two units rented at $1,900/month and one at $1,000/month—offering immediate, stable cash flow from day one.

The property is livable and fully rented, but would benefit from repairs and aesthetic upgrades, making it a great value-add opportunity. The lot is currently being used to work on multiple vehicles, which could be cleared to improve curb appeal or expand parking.

There is one electrical and one water meter, with shared utility costs between tenants.

Property is sold as-is. Do not disturb tenants. Drive-by only. Showings available by appointment. Serious inquiries only.

Address

Open on Google Maps

Address 8th Ave
City Miami
State/county Miami-Dade County
Zip/Postal Code 33150
Area WEST BISCAYNE

Details

Updated on May 5, 2025 at 12:22 am

Property ID: A11790039
Price: $650,000
Property Size: 2119 Square Feet
Year Built: 1949
Property Type: Triplex
Property Status: Residential Income

Additional details

StreetDirPrefix: NW
PublicSurveyRange: 31
ShowingInstructions: 24 Hour Notice,Appointment Only,Call Listing Agent
ListAgentKey: 1504191087e221f93161e61b63d04ecc
TaxLegalDescription: WEST BISCAYNE PB 7-58 S1/2 LOT 1 & S1/2 LOT 2 BLK 6 LOT SIZE 75.000 X 100 OR 13137-151 1286 1
OnMarketDate: 2025-04-24
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2025-04-24
MajorChangeTimestamp: 2025-05-04T18:37:15.450Z
Flooring: Tile
PhotosCount: 16
Cooling: Central Air
StatusChangeTimestamp: 2025-05-04T18:37:15.450Z
MIAMIRE_TypeofAssociation: None
BuildingName: WEST BISCAYNE
MIAMIRE_AdjustedAreaSF: 1158
PriceChangeTimestamp: 2025-04-24T15:10:51.833Z
ListingKeyNumeric: 410525736
MajorChangeType: New
ListingContractDate: 2025-04-24
Zoning: 5700
ListAOR: A-Miami Association of REALTORS
MLSAreaMajor: West Biscayne
TaxAnnualAmount: 10320
ListOfficeName: PropertyDeco
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 306.75
OriginatingSystemKey: miamire
PhotosChangeTimestamp: 2025-05-04T18:39:39.936Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 305-297-4999
MlsStatus: Active
StreetNumber: 10040
ListingKey: 86ca94603095ac5e657cff283ac1603a
StateOrProvince: FL
ShowingContactType: Agent
ListOfficeKey: b005e1a66ef6391b200f8a7ee852f9f1
BridgeModificationTimestamp: 2025-05-04T22:04:03.080Z
ListAgentFullName: Ivonne Martinez
Roof: Shingle
ParkingTotal: 6
ListAgentOfficePhone: 305-297-4999
Stories: 1
ParcelNumber: 30-31-02-012-0900
ListingTerms: All Cash,Conventional,FHA
YearBuiltDetails: Effective Year Built
OtherExpense: 0
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
ListAgentMlsId: 3251662
StoriesTotal: 1
ModificationTimestamp: 2025-05-04T22:00:04.700Z
OriginatingSystemID: miamire
DaysOnMarket: 10
ListOfficeMlsId: IMRI01
ListAgentDirectPhone: 305-297-4999
StreetNumberNumeric: 10040
PostalCodePlus4: 1309
NumberOfUnitsInCommunity: 3
Sewer: Public Sewer
SyndicationRemarks: Attention investors! This fully occupied triplex is situated on a 7,500 sq ft. lot and currently generates $4,800/month in rental income, with two units rented at $1,900/month and one at $1,000/month—offering immediate, stable cash flow from day one. The property is livable and fully rented, but would benefit from repairs and aesthetic upgrades, making it a great value-add opportunity. The lot is currently being used to work on multiple vehicles, which could be cleared to improve curb appeal or expand parking. There is one electrical and one water meter, with shared utility costs between tenants. Property is sold as-is. Do not disturb tenants. Drive-by only. Showings available by appointment. Serious inquiries only.
Heating: Central
MIAMIRE_LPAmtSqFt: 306.7485
StructureType: Triplex
ListAgentStateLicense: 3251662
PublicSurveyTownship: 31
StreetName: 8th Ave
ListOfficeFax: 305-232-1267
ListingAgreement: Exclusive Right To Sell
PublicSurveySection: 2
OriginalListPrice: 650000
BuildingAreaUnits: Square Feet
RentIncludes: None
InternetEntireListingDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
TaxYear: 2024
OriginalEntryTimestamp: 2025-05-04T18:37:15.450Z
SourceSystemKey: 410525736
LotFeatures: Less Than 1/4 Acre Lot
DocumentsAvailable: Other Available Information
ConstructionMaterials: Other
MIAMIRE_Style: Triplex
NumberOfUnitsTotal: 3
LotSizeSquareFeet: 0
ArchitecturalStyle: Attached
InternetConsumerCommentYN: 1
BuildingAreaTotal: 2259