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

Miami, FL, 33138
$ 949,000
Bedrooms2 Baths2.0 Sq 2,074

Monthly Estimate*

$ 5,843

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Multi-Family Home for sale in Miami, FL

for $949,000 with 2 bedrooms and 2 full baths. This 2,074 square foot home was built in 1949.

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. The property features two spacious units, each with 2 bedrooms and 2 bathrooms. The upstairs residence includes a den that has been converted into a third bedroom, offering added rental flexibility and increased income potential, while the downstairs unit is a well-configured 2BD/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, and everyday essentials, along with nearby educational institutions including Morningside K-8 Academy, Morningside Elementary School, and The Cushman School. With immediate cash flow, flexible unit layouts, and a location in one of Miami’s steadily appreciating neighborhoods, 435 NE 69th St represents a solid opportunity for investors seeking both current income and long-term value growth. Current tenants are NOT short-term but you can certainly operate the property as AIRBNB and easily double the cap rate closer to 10%. Please ask for a walk-through video. 4 parking

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Multi-Family Active

Price

$ 949,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 14,616

Style

Year Built

1949

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11970442
Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available
Possession Closing & Funding Close Of Escrow
Roof Flat Tile
Pool Features None
Construction Materials Block
Year Built 1949
Stories Count 2
Levels Two
Property Subtype Duplex
Tax Year 2025
County Miami-Dade
Net Operating Income 39673
Operating Expense 27527
Property Type Residential Income
Subdivision Name BAYWOOD
Rent Includes Other
Full Baths 2
Status Active
City Miami
Zoning Description 0104
Number Of Units Total 1
MLS Area 32
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA
Year Built Details Resale
Tax Annual Amount 14616
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11970442
Standard Status Active
Occupancy Type Call Agent
Total Actual Rent 67200
Property Sub Type Additional Duplex
Legal Description 18 53 42 BAYWOOD PB 5-85 LOT 11 BLK 5 LOT SIZE 50.000 X 102 OR 18165-4834 0698 1
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Lot Features < 1/4 Acre
Total Parking 4
Building Area Total 2074
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Keller Williams Capital Realty

Broker

richardk@kw.com

Email

Affordability Calculator

$7,061
Per Month
83%
17%
0%
Monthly Principal & Interest
$5,843
Monthly Property Taxes
$1,218
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
3/16/2026 $949,000 Listed Price

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435 NE 69th St, Miami, FL, 33138 is a Multi-Family Home for sale at $949,000 with 2,074 sqft. 435 NE 69th St has 2 bedrooms, 2.0 baths, and was built in 1949. The property's zip code is 33138 which is in Miami, FL

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