For sale

$1,100,000

3438 SW 2nd St, Miami, FL 33135

6beds

4baths

3,095sqft

$7,301/mo

Get pre-qualified

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 $7,000 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.

49 days
53
1

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

View 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

Price history

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

Public tax history

Year	Property taxes	Tax 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	--