440-442 SW 81st Avenue, Miami, FL 33144

$1,575,000
Property Type: Residential Income Square Footage: 4,948 Status: Active
Current Price: $1,575,000 List Date: 9/29/2026 Last Modified: 9/29/2026

Overview

Description

Rare opportunity to acquire an exceptionally spacious, fully occupied multifamily investment property in a highly central Miami location. Offered at $1,575,000 ,440-442 SW 81 Avenue features approximately 4436 square feet of living area on a phenomenal approximately 12,197 square-foot lot. The property's substantial building footprint and oversized grounds distinguish it from many typical duplex and small multifamily properties available throughout Miami-Dade County. The property is currently configured and rented as: 3 bedroom-2 bath residence at $3750.00, per month, 3 bedroom-2 bath residence at $3750.00 per month and 1 bedroom-1 bath apartment-$1500.00 per month with current gross rental income of $9000.00 and total current gross annual income pf $108,000.00. Both residences have been updated, and the entire property has been well maintained. You also have the opportunity to reconfigure the property as a triplex or potentially a fourplex, subject to zoning, permitting, parking, ...

Listing Details MLS# A12053802

General Property Information

Number Of Units Total
3
Property Sub Type
Duplex
Building Area Main
4948
Living Area Main
4436
Adjusted Area Main
4298
Year Built
1955
Parking Total
8
Lot Size Dimensions
12,197
Outdoor Living Spaces YN
Yes
Stories Total
2
Pool Private YN
No

Property Features

Documents Available: None Fencing: Fenced Flooring: Tile Property Condition: Resale Structure Type: Duplex Construction Materials: Block Cooling: Central Air; Paddle Fan(s); Wall/Window Unit(s) Heating: Central; Separate Meters Listing Terms: Cash; Conventional Lot Features: Fruit Tree(s); Room for Pool Other Structures: Outbuilding Possession: Close Of Escrow Roof: Shingle Sewer: Septic Tank Tax Information: County Only Utilities: Cable Available Showing Requirements: Appointment Only; Call Listing Agent Outdoor Living Spaces: Balcony; Patio Balcony Details: Balcony - Open Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 1 Rooms: Laundry Room Unit 2 Other Equipment: Air Conditioning Unit Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
1675000
Owner Phone
305-216-1866

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
440-442
Street Direction Prefix
SW
Street Name
81st
Street Suffix
Avenue
City Name
Miami
Municipal Code
30
State Or Province
FL
Postal Code
33144
Postal Code +4
2136
Postal Zip
33144
Subdivision Name
FLAGAMI 3RD ADDN
Area
2400
Elementary School
Seminole (Miami-Dade)
Middle Or Junior School
West Miami
High School
Miami Coral Park
Special Assessment YN
No
Parcel Number
3040030014480
Subdivision Number
Yes
Zoning
5700
Flood Zone
AH
Multiple Offers Accepted
Yes

Financial Information

Tax Annual Amount
9770
Tax Year
2025
Tax Legal Description
FLAGAMI 3RD ADDN PB 17-59 LOTS 22 & 23 BLK 32 LOT SIZE 100.000 X 120 OR 20267-4190 03/2002 4 COC 25472-2603 07 2006 1

Status Change Information

Major Change Timestamp
2026-09-29T16:04:41Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-29T16:04:41Z
Status Change Date
2026-09-29

More Information

Income and Expenses

Gross Income
9000
Net Operating Income
108000

Boat and Dock Information

Dock
Yes
Boat Dock Accommodates
Up to 20 Ft Boat

Ceiling Fan Details

Number Of Ceiling Fans
3

Storm Protection

Accordian Shutters
Complete

Unit 1 Details

Actual Rent
3750
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished

Unit 1 Lease Description

Lease Term
Month To Month

Unit 2 Details

Actual Rent
3750
Baths Full
2
Efficiency YN
No
Furnished
Unfurnished

Unit 2 Lease Description

Lease Term
Month To Month

Unit 2 Parking Details

Carport YN
Yes

Unit 3 Details

Actual Rent
1500
Baths Full
Yes
Efficiency YN
Yes
Furnished
Unfurnished

Unit 3 Lease Description

Lease Term
Month To Month

Price Calculations

Current Price To SqFt
355.04

Section Details

Parcel Number MLX
4480

Originating Details

Originating System Key
531519160
Originating System ID
M00000151
IDX
Listing Office: Homes Depot USA R.E. Inc.
Source MLS Verified
Last Updated: September - 29 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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