MELROSE HEIGHTS 3RD ADDN

Miami, FL 33142

2,015 ft²

Closed

$734,999

Est. Payment $3,912/mo

MLS Sheet Video

2,015

Sq. Ft.

1973

Year Built

Stories

Days on Market

Description

Investor opportunity to own this 5/3 Duplex in the heart of Miami! Potential Cap Rate of 9% - Monthly Rental Market value on these 2 units (3/2) $3250-$3450 & (2/1) $2950-$3100 Minutes from Miami International Airport and main highway.

Facts

MLS#: A11846324
Subdivision: MELROSE HEIGHTS 3RD ADDN
Property Type: Residential Income
Property Sub Type: Duplex
Year Built: 1973
Lot Size: 0 sqft
Sq. Ft.: 2,015 ft²
Sq. Mt.: 187 m²
Price per sq. ft.: $365/ft²
Price per sq. mt.: $3,930/m²
Stories: 1
Garage: —
Pool: —
Days on Market: 7 days
Listed: Jul 24, 2025
Last Updated: Jul 25, 2026
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

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).

7/25/2026	Sold	$734,999
7/24/2025	Listed for sale	$734,999

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

Estimated Monthly Payment

$4,674/mo

Principal & Interest

$3,912

Property Tax

$612

Insurance

$150

HOA

Down Payment20% ($147,000)

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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