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Listed
If you missed the opportunity to buy in Wynwood before its transformation, pay attention to Allapattah. Positioned next to some of Miami’s most established and rapidly evolving urban neighborhoods, this centrally located property offers the combination investors look for: flexibility, income potential and connectivity. The property features a 2BR/1BA main residence plus a separate 1BR/1BA ADU—an ideal setup to live in one and rent the other, create two long-term rental income streams, or explore short-term rental strategies subject to applicable regulations. Both living spaces offer their own brand-new fenced-in yards and washer/dryer, providing the privacy and independence that tenants and guests value. Location is the real play. Minutes from Metrorail with convenient access to Miami International Airport, Downtown, Brickell and Miami’s major employment centers. Quick access to I-95 and SR-112 connects you throughout South Florida, while the Health District, Wynwood, Midtown and Miami Design District are all within easy reach. Whether you're looking for your first investment, a house-hack opportunity or another asset for your portfolio, this property delivers multiple ways to generate income while owning in one of Miami’s most strategically positioned urban neighborhoods.
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.That is what landlords ask, not what units let for — edit it if you know better.
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
Illustration only — not a loan offer, quote, or commitment. We are not a lender and neither offer nor arrange financing. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
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