FOREST PARK
584 NW 65th St, Miami FL 33150
8,340 ft²
$2,750,000
Est. Payment $14,637/mo
8,340
Sq. Ft.
1968
Year Built
2
Stories
94
Days on Market
Description
This fully renovated 12-unit multifamily property is located in Miami's thriving Little River submarket and presents a prime investment opportunity. All units have undergone extensive upgrades, including a new roof,hurricane-impact windows, modern electrical systems, and a fully remodeled kitchen and bathroom making the property turnkey and minimizing maintenance costs. The property has ample parking available and the site plan has been approved for an eight-unit building. The property generates a net operating income (NOI) of $198,000, and yields a robust capitalization rate of 7.19% at the asking price. Its strong financial performance and prime Little River location present an opportunity for investors seeking stable returns in a rapidly appreciating area.
Facts
- MLS#
- A11714783
- Subdivision
- FOREST PARK
- Property Type
- Residential Income
- Property Sub Type
- Triplex
- Year Built
- 1968
- Lot Size
- 0 sqft
- Sq. Ft.
- 8,340 ft²
- Sq. Mt.
- 775 m²
- Price per sq. ft.
- $330/ft²
- Price per sq. mt.
- $3,548/m²
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 94 days
- Listed
- Dec 27, 2024
- Last Updated
- Apr 1, 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
September 2026
19
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).
| 4/1/2025 | Sold | $2,750,000 |
| 12/27/2024 | Listed for sale | $2,750,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$17,078/mo
Principal & Interest
$14,637
Property Tax
$2,292
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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