3040 NW 93rd St, Miami, FL 33147
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: brittany saenz
Office: compass florida, llc.305-315-2396
MLS#:A12039482
Source:SEFMLS
Price summary
- Price:$849,995
- Price per sq. ft.:$195.9
About this home
9 BEDROOMS 6 BATHROOMS 5 UNITS PRIME INCOME PROPERTY
Exceptional 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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Home facts
- Year built:1925
- Subdivision & Development:THE TROPICS AMD
- Listing ID #:A12039482
- Updated:August 06, 2026 at 09:59 AM
Rooms and interior
- Flooring:Ceramic Tile
- Living area:4,339 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric, Wall/Window Units
- Heating:Central, Wall Furnace
- Central air:Yes
Structure and exterior
- Roof:Concrete
- Year built:1925
- Building area:4,339 sq. ft.
- Construction Materials:Block
- Levels:1 Story
Utilities
- Sewer:Septic Tank
Finances and disclosures
- Price:$849,995
- Price per sq. ft.:$195.9
- Tax amount:$16,200 (2025)
Parking
- Total parking spaces:8
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