Explore an exceptional investment opportunity with this cash-generating fourplex in Miami, located just west of Wynwood. Offering a substantial ROI of 9.07% , this property currently operates as a fourplex but is approved for conversion into a seven-unit building , enhancing its potential for increased revenue. The recent renovations seamlessly blend modern design with practical amenities, making it a lucrative addition to any investment portfolio.
Situated in the Allapattah neighborhood, this property is nestled next to Wynwood and the Design District, areas renowned for their dynamic cultural scenes and commercial vibrancy. Allapattah, one of Miami's oldest communities, is known for its rich mix of Latin American-inspired restaurants, clubs, and diverse establishments. The neighborhood's economy is supported by a strong foundation of textile, produce, and wholesale businesses, creating a vibrant commercial landscape. With 1-minute direct access to I-95 Highway, the location offers unparalleled connectivity, making it one of the most desirable locales in South Florida.
Inside, each unit of this meticulously renovated fourplex has been crafted to perfection. Expansive windows flood the interiors with natural light and provide picturesque views, creating a bright and inviting atmosphere. The property is equipped with brand new energy-efficient AC systems, washers and dryers, and updated electrical and plumbing systems in each unit, enhancing the comfort and convenience for tenants. The contemporary aesthetic is designed to appeal to tenants who seek style as well as practicality in their living spaces.
This investment opportunity stands out by offering a perfect combination of modern design, practical amenities, and strategic location. With its renovated interiors, expansive windows, and high-quality finishes throughout these four units, this fourplex is not just a property but a gateway to a vibrant lifestyle in an up-and-coming neighborhood. Contact the listing agent today to secure your investment in this prime property, poised for growth and success in Allapattah.
Sold for $566,000
$566,000
3745 NW 22nd Ct, Miami, FL 33142
4beds
1,824sqft
Other
Built in ----
-- sqft lot
$721,000 Zestimate®
$310/sqft
$3,546 Estimated rent
Home value
$721,000
$663,000 - $779,000
$3,546/mo
Zestimate® history
Owner options
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$3,546/mo
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$3,546/mo
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$3,881/mo
Est. payment
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$3,881/mo
Est. payment
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Source: Nest Seekers International,MLS#: 3597474
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Central Air
Appliances
- Included: Dishwasher
Features
- Basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,824
- Total interior livable area: 1,824 sqft
Property
Features
- Has view: Yes
Details
- Parcel number: 0131220080890
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Other
Community & HOA
Location
- Region: Miami
Financial & listing details
- Price per square foot: $310/sqft
- Tax assessed value: $483,460
- Annual tax amount: $9,663
- Date on market: 4/30/2024
- Lease term: Contact For Details
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2025 | Listing removed | $975,000+72.3%$535/sqft |
Source: | ||
| 4/22/2025 | Sold | $566,000-41.9%$310/sqft |
Source: Public Record Report a problem | ||
| 4/22/2025 | Listed for sale | $975,000+874%$535/sqft |
Source: | ||
| 1/27/2025 | Sold | $100,100-89.7%$55/sqft |
Source: Public Record Report a problem | ||
| 4/25/2024 | Listed for sale | $975,000$535/sqft |
Source: | ||
| 4/25/2024 | Listing removed | -- |
Source: | ||
| 3/16/2024 | Listed for sale | $975,000$535/sqft |
Source: | ||
| 3/11/2024 | Pending sale | $975,000$535/sqft |
Source: | ||
| 1/12/2024 | Listed for sale | $975,000$535/sqft |
Source: | ||
| 1/3/2024 | Pending sale | $975,000$535/sqft |
Source: | ||
| 12/15/2023 | Listed for sale | $975,000-6.7%$535/sqft |
Source: Nest Seekers International Report a problem | ||
| 12/15/2023 | Listing removed | -- |
Source: | ||
| 11/7/2023 | Price change | $1,045,000-5%$573/sqft |
Source: | ||
| 10/24/2023 | Price change | $1,100,000-6.4%$603/sqft |
Source: | ||
| 10/13/2023 | Price change | $1,175,000-9.6%$644/sqft |
Source: | ||
| 9/19/2023 | Listed for sale | $1,300,000+52.9%$713/sqft |
Source: | ||
| 6/20/2023 | Listing removed | -- |
Source: | ||
| 4/17/2023 | Listed for sale | $850,000-5%$466/sqft |
Source: | ||
| 1/18/2023 | Listing removed | -- |
Source: | ||
| 11/17/2022 | Listed for sale | $895,000$491/sqft |
Source: | ||
| 9/30/2022 | Listing removed | -- |
Source: | ||
| 8/18/2022 | Price change | $895,000-5.8%$491/sqft |
Source: | ||
| 8/2/2022 | Price change | $950,000-13.6%$521/sqft |
Source: | ||
| 6/29/2022 | Listed for sale | $1,100,000+182.1%$603/sqft |
Source: | ||
| 3/15/2022 | Sold | $390,000+41.8%$214/sqft |
Source: Public Record Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/28/2013 | Listing removed | $275,000+83.3%$151/sqft |
Source: Owner Report a problem | ||
| 1/13/2012 | Sold | $150,000+92.3%$82/sqft |
Source: Public Record Report a problem | ||
| 4/8/1998 | Sold | $78,000$43/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,663 -0.2% | $483,460 |
| 2024 | $9,685 +2.2% | $483,460 +4.9% |
| 2023 | $9,478 +81.1% | $461,067 +120.1% |
| 2022 | $5,233 +18.5% | $209,499 +10% |
| 2021 | $4,415 +15.6% | $190,454 +10% |
| 2020 | $3,820 +7.5% | $173,140 +10% |
| 2019 | $3,553 +8.7% | $157,400 +10% |
| 2018 | $3,267 | $143,091 +10% |
| 2017 | $3,267 +5.8% | $130,083 +10% |
| 2016 | $3,088 +26.3% | $118,258 +10% |
| 2015 | $2,445 +2.7% | $107,508 +10% |
| 2014 | $2,380 +14.3% | $97,735 +1.2% |
| 2013 | $2,082 | $96,555 +4.8% |
| 2012 | $2,082 -4.2% | $92,153 -3.6% |
| 2011 | $2,174 -15.3% | $95,578 -9.8% |
| 2010 | $2,567 -14.5% | $106,021 -18.8% |
| 2009 | $3,004 -41.6% | $130,635 -43.8% |
| 2007 | $5,147 +111.3% | $232,298 |
| 2006 | $2,435 | -- |
| 2005 | $2,435 +2.2% | -- |
| 2004 | $2,382 +18.1% | -- |
| 2003 | $2,018 +10.3% | -- |
| 2002 | $1,830 | -- |
| 2001 | $1,830 | -- |
Find assessor info on the county website
Neighborhood: 33142
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Nearby schools
GreatSchools rating
- 5/10Melrose Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Brownsville Middle SchoolGrades: 6-8Distance: 0.6 mi
- 2/10Miami Northwestern Senior High SchoolGrades: 9-12Distance: 2.4 mi
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Estimated market value
$721,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$721,000
- Florida
- Miami-Dade County
- Miami
- 33142
- 3745 NW 22nd Ct