3040 93rd Street, Miami, FL 33147

$849,995 — Active Under Contract

Property Features

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9 BEDROOMS 6 BATHROOMS 5 UNITS PRIME INCOME PROPERTYExceptional investment opportunity delivering immediate cash flow. This expansive 4,339 SF multifamily property sits on a 13,044 SF lot and features 5 nonconforming units under one folio. The layout includes includes a spacious 3 bedroom main residence, two 2 bedroom units, and two 1 bedroom units, making it ideal for an owner occupant or full rental investment.Zoned for up to 9 units, offering strong future development and value add potential. The oversized lot provides ample space for additional construction and on site parking. All units are currently rented month to month, allowing flexibility to increase rents or reposition the property.Projected rental income with two units fully rented, cash flowing $12,000 per month. This includes two renovated 1 bedroom units at $2,000 each, 2 bedroom units ranging from $2,000 to $2,500, a 3 bedroom unit at $3,000, and a trailer at $700.Strong income potential from day one with room to grow.

Property Details

  • Listing ID: A12039482
  • Status: Active Under Contract
  • Listing Date: 2026-06-18
  • Property Type: Triplex
  • Subdivision: THE TROPICS AMD
  • County: Miami-Dade
  • MLS Area: 2310
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 4,339
  • Year Built: 1925

Financial

  • List Price: $849,995
  • HOA Fee: None
  • Taxes: $16,200/yr

Features & Amenities

  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Heating: Central, Window/Wall, Separate Meters
  • Flooring: Ceramic Tile
  • Construction: CBS
  • Roof: Concrete

Courtesy of Compass Florida, LLC
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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.