RIVERSIDE MANOR

Miami, FL 33142

2,784 ft²

Closed

$950,000

4.52%

Est. Payment $5,056/mo

MLS Sheet Video

2,784

Sq. Ft.

1971

Year Built

Stories

Days on Market

Description

Don’t miss out on this turnkey 4-unit building in the rapidly growing Allapattah neighborhood. Built by the current owner in 1971, this property is a true fortress, with a new roof installed last year and equipped with accordion shutters for reduced insurance costs. Each unit offers central A/C for tenant comfort and ease of maintenance. The building has an ideal unit mix: two 2-bedroom, 2-bath units and two 1-bedroom, 1-bath units—an excellent choice for both first-time investors and seasoned portfolio builders looking for low-maintenance properties. All tenants are on Section 8, ensuring steady income potential.

Facts

MLS#: A11687158
Subdivision: RIVERSIDE MANOR
Property Type: Residential Income
Property Sub Type: Quadruplex
Year Built: 1971
Lot Size: 0 sqft
Sq. Ft.: 2,784 ft²
Sq. Mt.: 259 m²
Price per sq. ft.: $341/ft²
Price per sq. mt.: $3,668/m²
Stories: 2
Garage: —
Pool: —
Days on Market: 97 days
Listed: Nov 1, 2024
Last Updated: Feb 22, 2025
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/22/2025	Sold	$950,000
11/11/2024	Price change	$950,000-4.5%
11/1/2024	Listed for sale	$995,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

Miami, FL 33142Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Watch ME Grow Learning Center II Inc
KG,1,2,3 · private · 0.2 mi
Juvenile Justice Center Alternative Ed
6,7,8,9,10,11,12 · public · 0.5 mi
Melrose Elementary School
PK,KG,1,2,3,4,5 · public · 0.5 mi
Carousel Learning Academy
KG · private · 0.5 mi
Miami Bridge North
7,8,9,10,11 · public · 0.6 mi
Mater International Academy
KG,1,2,3,4,5 · charter · 0.6 mi
Thy Kingdom Kids Learning Academy
PK,TK,KG,1,2,3 · private · 1.1 mi
George T. Baker Aviation School
9,10,11,12 · public · 1.2 mi
Citi Christian Academy
1,2,3,4,5,6,7,8 · private · 1.2 mi
Maya Angelou Elementary School
PK,KG,1,2,3,4,5 · public · 1.2 mi

Estimated Monthly Payment

$5,998/mo

Principal & Interest

$5,056

Property Tax

$792

Insurance

$150

HOA

Down Payment20% ($190,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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