9111 NW 4th Ave
Miami, FL 33150
- – beds
- – baths
- 3,768 sqft
- $398 per sqft
- 1954 build
- – on site
Two adjacent corner lots being sold together between El Portal and Miami Shores. One lot has 2 houses and the other lot has 1 house plus space to develop a two story 1200 SQFT house. See diagrams in the pictures for a better understanding. The property can be leased annually to 3 different single family home tenants for approximately $10,000 - $11,000 as a potential 6% cap rate OR it can be operated as an Airbnb functioning as a 6-unit rental (1st house has 2 guest rooms, second house has 1 guest room) generating over $250,000.00 in revenue at an approximate 11% cap rate. Both lots combine for 14,000 SQFT and the property is unincorporated Dade County making it very easy to pull permits and develop the vacant space. The property is currently being used as a 6-unit Airbnb. Call Agent.
Last checked:
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Last updated Feb 12, 2025
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MLS# A11743325 —
The Building
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Year Built:1954
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Year Built Details:Effective Year Built
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Construction Materials:Block
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Stories:1
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Levels:One
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Roof:Concrete
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Building Area Total:3768.0
Interior
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Flooring:Vinyl
Room Dimensions
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Living Area:3768.0
The Property
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Parcel Number:30 31 01 003 2930
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Property Type:ResidentialIncome
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Property Subtype:Triplex
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Property Subtype Additional:Triplex
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Zoning Description:5700
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Lot Features:QuarterToHalfAcreLot
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (786) 873-9814
- Office phone:
- (954) 966-8181
Taxes
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Tax Year:2024
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Tax Annual Amount:$7,860
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Tax Legal Description:1 53 41 PB 34-84 PINEWOOD PARK AMD PL 2ND ADD LOT 5 BLK 25 LOT SIZE 7168 SQ FT M/L OR 19377-1282 1100 5 COC 25782-0838 06 2007 1
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Other
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Cooling:Other
Utilities
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Utilities:CableAvailable
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Sewer:SepticTank
The Community
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Subdivision Name:Pinewood Park Pl Amd 2 Nd
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Pool Features:None
Parking
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Parking Total:10.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
2/11/25
Feb 11, 2025
|
Listed / Active | MLSM | $1,500,000 | 229.7% (29.2% / YR) |
|
3/31/17
Mar 31, 2017
|
MLSM | $455,000 | 1.1% | |
|
3/18/17
Mar 18, 2017
|
MLSM | $449,999 |
