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Residential Income
$949,000
435 NE 69th St Miami, FL

A11970442

126 of 517 for Sale
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an agent
  • Listed On:

    Mar 16, 2026
  • Days on Market:

    15
  • Year:

    1949
  • Taxes:

    $14,616 per year
  • Floor Description:

    Tile
  • Occupancy:

  • Zoning:

  • Parking:

435 NE 69th St Miami, FL Located in Miami’s rapidly evolving Upper Eastside corridor, legal upper / lower duplex presents a compelling opportunity for investors seeking stable rental income with future upside. This 2,074 SF multi-family property is currently fully leased, generating $67,200 in gross annual income. 2 spacious units, each with 2 BR`s and 2 bath. The upstairs residence includes a den that has been converted into a 3rd BR, offering added rental flexibility and increased income potential, while the downstairs unit is a well-configured 2BR/2BA layout. Positioned in a desirable pocket near Morningside, the property benefits from strong rental demand and proximity to neighborhood amenities. Nearby comparables shows the buyer`s insatiable appetite for specifically multi-family, reinforcing the area`s ongoing investment activity. Residents enjoy convenient access to local markets, cafés, & nearby educational institutions including Morningside K-8 Academy & Elementary School, & Cushman School. With immediate cash flow, flexible unit layouts, and a location in one of Miami’s steadily appreciating neighborhoods with current income & growth. Current tenants are NOT short-term but current tenant is operating as AIRBNB & easily double the cap rate closer to 12%. Please ask for a walk-through video. 4 parking. Roof & AC units are 8-10 yrs old. Elect panels 2015, HWH 2019. 60 day notice if you no longer want current tenants. You will be able to see 1 unit, open house Sat 3-21-26 from 11-11:30am.

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For Sale Details

  • Floor Description

    Tile

  • Heating Description

    Central

  • Net Operating Income

    39673

  • Photo Count

    34

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional, FHA

  • Year Built

    1949

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