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For sale
  • $1,100,000

    3438 SW 2nd St, Miami, FL 33135

    6beds
    4baths
    3,095sqft
    : 
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    Triplex
    Built in 1920
    -- sqft lot
    $-- Zestimate®
    $355/sqft
    $-- HOA

    What's special

    Exceptional Investment Opportunity in the Heart of Miami! Don't miss this income-producing triplex featuring two detached single-family homes on one lot. The property offers tremendous investment potential, with one home ready for your personal updates and renovation, while the second home and efficiency are beautifully maintained and move-in ready. Both main homes feature central air conditioning, while the efficiency is equipped with a window A/C unit. Currently generating an impressive $8,200 in monthly rental income. Tenants pay both water and electricity, helping to maximize your returns. Major capital improvements have already been completed, including a brand-new roof (2025) with permits and a 2025 sewer connection, replacing the septic system with city sewer service, also completed with permits. Please DO NOT disturb tenants.
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    Zillow last checked:

    Listing updated:

    Listed by:

    Gulcin Morello 786-451-9587,

    MTRE Groupe LLC

    Source: MIAMI,MLS#: A12056604MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air, Wall/Window Unit(s)
      Features
      • Flooring: Tile
      • Windows: Blinds
      Interior area
      • Total structure area: 3,155
      • Total interior livable area: 3,095 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 5
      Features
      • Stories: 1
      Lot
      • Features: Less Than 1/4 Acre Lot
      Details
      • Parcel number: 0141040220670
      • Zoning: 5700

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Triplex
      Materials
      • Other
      • Roof: Shingle
      Condition
      • Year built: 1920

      Utilities & green energy

      • Sewer: Public Sewer

      Community & HOA

      Community
      • Subdivision: Kirkland Heights Amd
      HOA
      • Has HOA: No
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $355/sqft
      • Tax assessed value: $573,750
      • Annual tax amount: $12,105
      • Date on market: 7/21/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/21/2026Listed for sale$1,100,000+63%$355/sqft
        Source: MIAMI #A12056604 Report a problem
        4/10/2024Sold$675,000-15.6%$218/sqft
        Source: MIAMI #A11519473 Report a problem
        3/27/2024Pending sale$800,000$258/sqft
        Source: MIAMI #A11519473 Report a problem
        3/1/2024Price change$800,000-5.9%$258/sqft
        Source: MIAMI #A11519473 Report a problem
        1/23/2024Listed for sale$850,000$275/sqft
        Source: MIAMI #A11519473 Report a problem
        7/31/2023Listing removed--
        Source: MIAMI #A11409652 Report a problem
        6/28/2023Listed for rent$1,500-44.4%
        Source: MIAMI #A11409652 Report a problem
        5/2/2022Listing removed--
        Source: Zillow Rental Network_1 Report a problem
        3/17/2022Listed for rent$2,700$1/sqft
        Source: Zillow Rental Network_1 #A11176866 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,608 +7.2%$573,750 -2.7%
        2024$13,623 +10%$589,532 +10%
        2023$12,387 +9%$535,939 +10%
        2022$11,363 +15.9%$487,218 +14.4%
        2021$9,805 +74.6%$425,722 +55%
        2020$5,617 +5%$274,660 +4.9%
        2019$5,352 +13.4%$261,725 +15.5%
        2018$4,721 $226,563 +7.3%
        2017$4,721 +10%$211,076 +7.2%
        2016$4,294 +10.6%$196,891 +6.5%
        2015$3,882 +6.3%$184,842 +6.4%
        2014$3,653 +0.1%$173,779 +6%
        2013$3,650 $163,897 -5.8%
        2012$3,650 0%$174,075 +0.4%
        2011$3,652 -18.2%$173,328 -17%
        2009$4,465 -29%$208,738 -17.9%
        2007$6,285 +20.6%$254,349
        2006$5,213 --
        2005$5,213 +8.5%--
        2004$4,805 +26.6%--
        2003$3,795 +8.9%--
        2002$3,484 --
        2001$3,484 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Alameda - West Flagler

        Getting around

        76 / 100
        Very Walkable
        51 / 100
        Good Transit
        52 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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