WorkspaceDiscoverMultifamily · Miami · Miami-Dade County
1975 NW 24th Ct, Miami
Renovated triplex marketed with occupied units and separate utility meters. The seller reports completed city recertifications; obtain the actual reports.
Recorded status: Off-market / listing removed; research only. Checked: .
Dated listing record · recheck availability and legal unit count.
- Asking price
- $1,350,000
Monthly rent · Scenario: Not reported
Assumptions behind these estimates
Starting values for this brief. Change any of them in the interactive brief; your changes stay in your browser. Default values
| Input | Value | Basis |
|---|---|---|
| Total scheduled rent per month | Not set | Needs your estimate |
| Vacancy (%) | 5% | Matches planning allowance |
| Management (% of collected rent) | 8% | Matches planning allowance |
| Maintenance (% of total rent) | 5% | Matches planning allowance |
| Buyer annual tax assumption (% of price) | 2% | Matches planning allowance |
| Annual insurance | $11,344 | Matches planning allowance |
| Annual owner-paid utilities | $3,600 | Matches planning allowance |
| Monthly HOA or condo fees | $100 | Matches planning allowance |
| Other annual operating expenses | $1,800 | Matches planning allowance |
| Capital reserves (% of total rent) | 3% | Matches planning allowance |
| Down payment (%) | 100% | Matches planning allowance |
| Mortgage rate (%) | 7% | Matches planning allowance |
Unit mix & possession
Three units across two buildings; all advertised with long-term tenants. Bedroom mix and rents need documents.
- Reported units
- 3
- Reported listing area
- 3,163 sq ft
- Asking / reported sq ft
- $427
- Historical property tax / year
- $13,209
Historical tax is the seller’s bill; buyer taxes can change.
Broker info & key considerations To confirm
- MLS A11986530 is recorded as removed on September 29, 2026. The $1.35M is its last asking price. Zillow now shows an older March 2025 sale; that is not a new sale. The Compass page has no current price, and older active snapshots conflict. Retained for saved research and excluded from active opportunities.
- Verify the claimed legal triplex use and recertification status.
- Listing availability, legal units, lease collections and operating costs require independent confirmation.
Source evidence and diligence
Financial figures observed Sep 29, 2026. Reported income is not audited collections. Editable estimates, financing and saved assumptions are separate from these source facts.
Gross rental yield basis
Needs supported whole-property rent or your rent assumption and a positive asking price. Unknown rent is not zero.
Sources
- Zillow indexed history reviewed 7 Oct · A11986530 removed 29 Sep; financial observation retainedSource observation · Oct 7, 2026
- 29 Sep review · source conflict; prior numerical provenance retainedSource observation · Sep 29, 2026
- Zillow / A11986530 · alternate public content inspected; subsequent recheck rate-limitedSource observation · Sep 29, 2026
- Compass · EXP Realty LLC · MLS A11986530Source observation · Sep 25, 2026
Questions to resolve
- Obtain executed leases, tenant estoppels, deposit accounting and collection history.
- Reconcile the offered units, address and living area with title, permits and occupancy records.
- Obtain trailing expenses, buyer tax estimates and property-specific insurance quotes.
Similar properties
- 726 8th St, Miami Beach: 4-unit multifamily, asking $1,349,000
- 1765 Normandy Dr, Miami Beach: 4-unit multifamily, asking $1,389,000
- 744 85th St, Miami Beach: 4-unit multifamily, asking $1,399,000
Florida property research
Research scope includes Miami-Dade, Broward, the Florida Keys and Flagler County. Published observations vary by market.
[1] Gross yield excludes costs and financing. Source figures are unverified; estimates use editable assumptions. Check current listing availability. County records are separate from listings. Saves stay in this browser; export a backup before clearing site data. Sources & methods