3438 SW 2nd Street, Miami, FL 33135

New Listing

$1,100,000

Property Type: Residential Income Square Footage: 3,155 Status: Active

Current Price: $1,100,000 List Date: 7/21/2026 Last Modified: 7/21/2026

Overview

Description

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 $8,200 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.

Listing Details MLS# A12056604

General Property Information

Number Of Units Total: 3
Property Sub Type: Triplex
Building Area Main: 3155
Living Area Main: 3095
Adjusted Area Main: 3027
Year Built: 1920
Parking Total: 5
Stories Total: Yes
Pool Private YN: No

Property Features

Documents Available: Copy Of Lease(s) Flooring: Tile Property Condition: Resale Construction Materials: Other Cooling: Central Air; Wall/Window Unit(s) Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Negotiable Roof: Shingle Sewer: Public Sewer Utilities: Cable Available Unit 1 Appliances: Range; Refrigerator; Washer Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 1 Rooms: Florida Room; Laundry Room Unit 2 Appliances: Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 3 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Parking Space

Contract Information

Comp Sale YN: No
Original List Price: 1100000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 3438
Street Direction Prefix: SW
Street Name: 2nd
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33135
Postal Code +4: 1002
Postal Zip: 33135
Subdivision Name: KIRKLAND HEIGHTS AMD
Area: 2410
Elementary School: Auburndale
Middle Or Junior School: Kinloch Park
High School: Miami
Parcel Number: 0141040220670
Subdivision Number: 22
Zoning: 5700
Flood Zone: X

Financial Information

Tax Annual Amount: 12105
Tax Year: 2025
Tax Legal Description: 4 54 41 KIRKLAND HEIGHTS AMD PB 3-214 LOT 2 BLK 18 LOT SIZE 54.240 X 138 OR 14394-1490 0190 4
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-07-21T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-21

More Information

Meter Information

Separate Electric Meters YN: Yes

Income and Expenses

Gross Income: 6200

Unit 1 Details

Actual Rent: 2650
Baths Full: Yes
Efficiency YN: No

Unit 1 Lease Description

Currently Leased YN: Yes

Unit 2 Details

Actual Rent: 400
Baths Full: Yes
Efficiency YN: Yes

Unit 2 Lease Description

Currently Leased YN: Yes

Unit 3 Details

Actual Rent: 3150
Baths Full: 2
Efficiency YN: No

Unit 3 Lease Description

Currently Leased YN: Yes

Price Calculations

Current Price To SqFt: 355.41

Section Details

Parcel Number MLX: 0670

Originating Details

Originating System Key: 534179246
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Tile: Yes

Property Condition

Resale: Yes

Documents Available

Copy Of Lease(s): Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes

Heating

Central: Yes
Separate Meters: Yes

Construction Materials

Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Shingle: Yes

Cooling

Central Air: Yes
Wall/Window Unit(s): Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 1 Rooms

Florida Room: Yes
Laundry Room: Yes

Unit 2 Appliances

Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 3 Appliances

Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Parking Space: Yes

Listing Office: MTRE Groupe LLC

Last Updated: July - 21 - 2026

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3438 SW 2nd Street, Miami, FL 33135 (MLS# A12056604)