1102 NW 103rd Street, Miami FL 33150

$749,000

$374/sq ft

$149,900
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Overview

Year Built

1945

Sqft

2005

Property Type

Triplex

Property Description

Appraised value on May 20, 2025 at 865,000 (See Attached). Buy in with Instant Equity. Close to 10% CAP Rate! Exceptional opportunity to own a fully renovated triplex in Miami’s fast-growing Pinewood neighborhood. All violations have been cleared by the seller, making this a true turnkey investment. All three units are fully occupied(on-time tenants), generating a total monthly income of $6,975. Two of the units are currently on new one-year leases. Each unit showcases modern finishes, stainless steel appliances, and elegant bathrooms. Situated on a corner lot within a federally designated Opportunity Zone, the property offers attractive tax incentives and strong appreciation potential. Just minutes from major highways, shopping, and downtown Miami, this property is a perfect fit for both new and experienced investors seeking cash flow and long-term growth.

Property Details

MLS#

A11893787

Total Floor in Bldg

1

Building

2ND

Address

1102 103rd Street NW

City

Miami

State/county

FL

Zip/Postal Code

33150

Area

2nd

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$7,964

Maint Fee

$--

Tax Year

2023

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Boris Gelfand