Active Under Contract

3040 NW 93rd Street

Miami, FL 33147
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Bed 8

Bed

Bath 7

Bath

SqFt4,339

Sqft

9 BEDROOMS 6 BATHROOMS 5 UNITS PRIME INCOME PROPERTYExceptional investment opportunity delivering immediate cash flow. This expansive 4,339 SF multifamily property sits on a 13,044 SF lot and features 5 nonconforming units under one folio. The layout includes includes a spacious 3 bedroom main residence, two 2 bedroom units, and two 1 bedroom units, making it ideal for an owner occupant or full rental investment.Zoned for up to 9 units, offering strong future development and value add potential. The oversized lot provides ample space for additional construction and on site parking. All units are currently rented month to month, allowing flexibility to increase rents or reposition the property.Projected rental income with two units fully rented, cash flowing $12,000 per month. This includes two renovated 1 bedroom units at $2,000 each, 2 bedroom units ranging from $2,000 to $2,500, a 3 bedroom unit at $3,000, and a trailer at $700.Strong income potential from day one with room to grow.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $849,995

AD Id : 85492538

MLS Id : A12039482

Beds : 8

Living Area Size : 4,339

Year Built : 1925

County : Miami-Dade

Subdivision: Tropics

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Feature Features

  • Interior Features

    Roof: Concrete
  • Heating & Cooling

    Has Heating: Yes Heating: Central, SeparateMeters, WallFurnace Has Cooling: Yes Cooling: CentralAir, Electric, WallWindowUnits

  • Building Information

    Year Built: 1925
    Building Area Total: 4339
    Construction Materials: Block
    Private Pool: No

  • Lot Information

    Lot Description: QuarterToHalfAcreLot

    Property Information

    Subdivision: THE TROPICS AMD Source Property Type: ResidentialIncome Postal Code Plus 4: 2922 Property SubType: Triplex Property Age: 101

  • Listing Price Information

    Listing Price: $849995
    Cash, Conventional

  • Tax Information

    Parcel Number: 3031040034340 Tax Year: 2025 Annual Tax: $16200 Tax Legal Desc: THE TROPICS AMD PL PB 10-17 LOTS 3 & 4 LESS BEG SW COR LOT 4 E22FT N38FT W12FT N12FT W10FT S50 FT TO POB BLK 60 LOT SIZE IRREGULAR OR 17809-

  • Parking Information

    Parking Total: 8

  • School Information

    Elementary School: Broadmoor Junior High School: Madison Senior High School: Miami Central
  • Utility Information

    CableAvailable
  • Location Information

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1820 NW 73rd St, Miami, FL, 33147 $515,000 4 2 1,165 1,165 SqFt
2137 NW 99th Ter, Miami, FL, 33147 $620,000 5 4 1,890 1,890 SqFt
2352 NW 102nd St, Miami, FL, 33147 $619,999 5 3 1,969 1,969 SqFt
2406 NW 67th St, Miami, FL, 33147 $589,000 5 3 1,530 1,530 SqFt
1500 NW 69th Terrace, Miami, FL, 33147 $880,000 8 4 2,920 2,920 SqFt
1340 NW 102nd St, Miami, FL, 33147 $615,000 4 2 1,856 1,856 SqFt
1766 NW 68th Terrace, Miami, FL, 33147 $749,000 6 4 2,144 2,144 SqFt
1840 NW 63rd Street, Miami, FL, 33147 $769,900 6 4 2,032 2,032 SqFt
1836 NW 70th Street, Miami, FL, 33147 $849,999 3 3 2,400 2,400 SqFt
1827 NW 74th Terrace, Miami, FL, 33147 $580,000 4 2 1,268 1,268 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/05/2026 @ 11:38

MLS: A12039482 LISTED BY: Brittany Saenz, Compass Florida, LLC 305-315-2396 SOURCE: Beaches MLS

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