For sale

$675,000

600 NW 116th Ter, Miami, FL 33168

3beds

3baths

1,584sqft

$4,840/mo

Get pre-qualified

Triplex

Built in 1956

-- sqft lot

$650,600 Zestimate^®

$426/sqft

$-- HOA

What's special

Plenty of off-street parkingCorner lot

PLEASE READ PRIOR TO CONTACTING Owner/agent: Cash flow Machine ($62k+ per year!) Beautiful triplex east of i-95 with three 1/1 totaling nearly 1,600 SF of living area on 6k+ SF Lot and 3 private fenced yards (one for each tenant). All 3 units are rented out generating $62,700/year in gross annual income. 1 water meter. 2 of 3 units have laundry inside. 2 of 3 tenants are month to month. Brand new septic and drain field installed September 2026. All 3 units are rented out and have been fully remodeled and updated. The roof is in good shape but a brand new roof can be installed at full price. Corner lot with plenty of off-street parking. i95 wall protection from storms! Stunning property. Please TEXT listing agent for with any questions. All tenants are current. Property to be sold with clean title.

1 day
84
6

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3

Heating

Central

Cooling

Central Air

Features

Flooring: Tile

Interior area

Total structure area: 1,584
Total interior livable area: 1,584 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 6

Features

Stories: 1

Lot

Features: Less Than 1/4 Acre Lot

Details

Parcel number: 3021360320350
Zoning: 6400

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Concrete Block Construction
Roof: Shingle

Condition

Year built: 1956

Utilities & green energy

Sewer: Public Sewer

Community & HOA

Community

Subdivision: Parkwood Terrace

HOA

Has HOA: Yes

Location

Region: Miami

Financial & listing details

Price per square foot: $426/sqft
Tax assessed value: $271,532
Annual tax amount: $5,780
Date on market: 10/13/2026
Listing terms: Cash

Estimated market value

$650,600

$618,000 - $683,000

$2,790/mo

Price history

Date	Event	Price
10/13/2026	Listed for sale	$675,000+215.4%$426/sqft
Source: MIAMI #A12106198 Report a problem
7/3/2019	Sold	$214,000+103.8%$135/sqft
Source: Public Record Report a problem
12/4/2014	Sold	$105,000+116%$66/sqft
Source: Public Record Report a problem
6/18/2014	Sold	$48,600-45.9%$31/sqft
Source: Public Record Report a problem
11/23/1998	Sold	$89,800$57/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,534 +45.2%	$271,532 +49.4%
2024	$3,811 +10.7%	$181,698 +3%
2023	$3,443 +4.9%	$176,406 +3%
2022	$3,282 +1.8%	$171,268 +3%
2021	$3,222 -0.4%	$166,280 -0.1%
2020	$3,236 -13.6%	$166,517 +7.2%
2019	$3,743 +3%	$155,372 0%
2018	$3,635	$155,428 +30.7%
2017	$3,635 +20%	$118,933 0%
2016	$3,030 -1.2%	$118,990 +0.2%
2015	$3,068 -7.6%	$118,794 -8.4%
2014	$3,321 -2.6%	$129,661 0%
2013	$3,411	$129,713 -4.4%
2012	$3,411 -1.1%	$135,648 -0.3%
2011	$3,448 -6.7%	$136,069 -0.3%
2010	$3,696 +3.6%	$136,469 -3.4%
2009	$3,567 +1%	$141,216 -0.4%
2007	$3,532 +57.2%	$141,714
2006	$2,247	--
2005	$2,247 +23.5%	--
2004	$1,820 +7.6%	--
2003	$1,691 +8.1%	--
2002	$1,565	--
2001	$1,565	--