MELROSE HEIGHTS

2420 NW 34th Street, Miami FL 33142

2,133 ft²

For Sale · Active Listing

$725,000

Est. Payment $3,859/mo

MLS Sheet Video

2,133

Sq. Ft.

1925

Year Built

Stories

Days on Market

Description

Tremendous income generator in prime Allapattah location. Cash cow for investors. Non-conforming Triplex. Property is completely remodeled. Main house is a very large 2bed 1 bath with a large living and family room. Beautiful new custom kitchen and newer central AC unit. It is rented for $2400 monthly. Side apartment is a remodeled 1 bed and 1 bathroom. It is rented for $1500. Rear apartment is also a 1bed 1 bath remodeled beauty rented for $1600 monthly. Total of $66,000 gross rental income yearly. Property boasts a very large backyard and custom designed solar panels making the FPL bill very low. Plenty of parking in the front.

Facts

MLS#: A12024206
Subdivision: MELROSE HEIGHTS
Property Type: Residential Income
Property Sub Type: Triplex
Year Built: 1925
Lot Size: 0 sqft
Sq. Ft.: 2,133 ft²
Sq. Mt.: 198 m²
Price per sq. ft.: $340/ft²
Price per sq. mt.: $3,662/m²
Stories: 1
Garage: —
Pool: —
Days on Market: 1 day
Listed: May 22, 2026
Last Updated: May 23, 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

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).

5/22/2026

Listed for sale

$725,000

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

Location

2420 NW 34th Street, Miami FL 33142Directions

GreatSchools Summary Ratings

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

Dr. Edward L. Whigham Elementary School
PK,KG,1,2,3,4,5 · public · 0.2 mi
Cutler Bay Senior High School
9,10,11,12 · public · 0.3 mi
Mater Academy Bay Elementary
KG,1,2,3,4,5 · charter · 0.4 mi
Mater Academy Bay Middle School
6,7,8 · charter · 0.4 mi
Mater High South
9,10,11,12 · charter · 0.4 mi
Kid's Club Academy
PK,KG,1 · private · 0.7 mi
Cutler Ridge Umc Kindergarten
PK,KG · private · 1.0 mi
Gulfstream Elementary School
PK,KG,1,2,3,4,5 · public · 1.3 mi
Whispering Pines Elementary School
PK,KG,1,2,3,4,5 · public · 1.6 mi
Cutler Ridge Elementary School
PK,KG,1,2,3,4,5 · public · 1.7 mi

Estimated Monthly Payment

$4,613/mo

Principal & Interest

$3,859

Property Tax

$604

Insurance

$150

HOA

Down Payment20% ($145,000)

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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