435 NE 69th St Miami FL 33138 MLS #A11970442
435 NE 69th St
Miami, FL, 33138
$949,000
Beds
0 Baths
2,074 SqFt
0 Acres
$949,000
435 NE 69th St
Miami, FL, 33138
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Open House Mar 21, 2026
11:00 – 11:30
Located in Miami’s rapidly evolving Upper Eastside corridor, legal upper / lower duplex presents a compelling opportunity for investors seeking stable rental income with future upside. This 2,074 SF multi-family property is currently fully leased, generating $67,200 in gross annual income. 2 spacious units, each with 2 BR’s and 2 bath. The upstairs residence includes a den that has been converted into a 3rd BR, offering added rental flexibility and increased income potential, while the downstairs unit is a well-configured 2BR/2BA layout. Positioned in a desirable pocket near Morningside, the property benefits from strong rental demand and proximity to neighborhood amenities. Nearby comparables shows the buyer’s insatiable appetite for specifically multi-family, reinforcing the area’s ongoing investment activity. Residents enjoy convenient access to local markets, cafés, & nearby educational institutions including Morningside K-8 Academy & Elementary School, & Cushman School. With immediate cash flow, flexible unit layouts, and a location in one of Miami’s steadily appreciating neighborhoods with current income & growth. Current tenants are NOT short-term but current tenant is operating as AIRBNB & easily double the cap rate closer to 12%. Please ask for a walk-through video. 4 parking. Roof & AC units are 8-10 yrs old. Elect panels 2015, HWH 2019. 60 day notice if you no longer want current tenants. You will be able to see 1 unit, open house Sat 3-21-26 from 11-11:30am.

Property Details

Price:
$949,000
MLS #:
A11970442
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Duplex
Subdivision:
BAYWOOD
Neighborhood:
baywood
Listed Date:
Mar 16, 2026
Finished Sq Ft:
2,074
Total Sq Ft:
2,074
Year Built:
1949
AttachedBaywoodBaywoodBaywood

Schools

Interior

Cooling
Central Air
Flooring
Tile
Heating
Central

Exterior

Architectural Style
Attached
Construction Materials
Concrete Block Construction
Parking Spots
4
Roof
Flat Tile

Financial

Net Operating Income
$39,673
Tax Year
2025
Taxes
$14,616
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Current real estate data for Multi Family in Miami as of Mar 20, 2026
498
Multi Family Listed
141
Avg DOM
472
Avg $ / SqFt
$1,154,571
Avg List Price

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Property Summary

    Located in the BAYWOOD subdivision, 435 NE 69th St Miami FL is a Multi Family for sale in Miami, FL, 33138. It is listed for $949,000
435 NE 69th St
Miami, FL