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Alfred Vargas, Listing Office: LoKation
Property details
About 584 NW 65th St
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.
Highlights
Home typeTriplex
HeatingOther
StatusActive
CoolingOther
Size8,340 sqft
Year built1968
MLS #A11714783
Virtual tour
Summary
- MLS Number: A11714783
- MLS Name: SEFMIAMI
- Office Name: Gridline Properties
- Office Phone: (786) 325-5647
- Office Email: info@gridlineproperties.com
- Listing Agent: Alfredo Riascos
© 2025 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 10:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$2,750,000
584 NW 65th St
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $1,400,000 | $28,778 |
| 2022 | $1,190,000 | $20,291 |
| 2021 | $807,000 | $20,291 |
| 2020 | $850,000 | $17,146 |
| 2018 | $638,000 | $13,423 |
| 2017 | $580,000 | $12,286 |
History based on county public records data.
Nearby schools
7
Edison Park K-8 Center
Public District PK-5
0.1 mi
•500 NW 67th St
4
Holmes Elementary School
Public District PK-5
0.6 mi
•1175 NW 67th St
2
Jesse J. McCrary, Jr. Elementary School
Public District PK-5
0.7 mi
•514 NW 77th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,000. The majority of Miami, FL residents have income between $35k-100k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
42%
<35k
50%
35k-100k
7%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
53%
Single, No Kids
26%
Single, with Kids
8%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
19%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
38%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 584 NW 65th St in Miami, FL and zip code 33150 in the Liberty City East neighborhood. This 8,340 square foot home was built in 1968. Features: 0 bathroom. It has been listed on Rocket Homes since December 28, 2024 and is currently priced at $2,750,000.
In December 2024 more than 42 listings in Miami, FL were sold above the asking price. During the same period more than 95 listings were sold at asking price, while more than 562 were sold below. The number of homes for sale in Miami, FL increased by 6.9% between November and December 2024. In December 2024, listings were on the market for 68 days. During the same period, the median list price in this real estate market was $570,654.
From Rocket Homes Real Estate and based on county public records data.