Active Opportunity
Miami Waterfront Triplex
📍 Brickell Area — Miami, FL 33130
Turnkey three-unit residential acquisition with immediate rental income in one of Miami’s highest-demand submarkets. Fully occupied at acquisition with value-add upside on lease renewals.
Deal Highlights
Why This Deal
- Three-unit residential property, fully occupied at acquisition
- Located in the Brickell-adjacent corridor — Miami’s strongest rental submarket
- Current monthly gross income: $6,200 across all three units
- Value-add opportunity through phased unit renovations at lease turnover
- Market-rate rent upside of 15–20% upon lease renewals
- Strong exit comparables supporting $1.25M+ disposition value
- No deferred maintenance — roofs, HVAC, and plumbing all recently updated
- Walking distance to Brickell City Centre and Metrorail station
Financials
Returns
Deal Summary
| Purchase Price | $850,000 |
| Renovation Budget | $45,000 |
| Closing & Carry Costs | $28,000 |
| Total Project Cost | $923,000 |
| Projected Exit Value | $1,250,000 |
| Annual Cash Flow (Avg.) | $28,400 |
| Total Net Return | $327,000 |
| Projected IRR | 22% |
| Hold Period | 5 Years |
Property Details
| Property Type | Residential Triplex |
| Units | 3 |
| Occupancy | 100% at Acquisition |
| Gross Monthly Income | $6,200 |
| Year Built | 1987 (Updated) |
| Lot Size | 6,250 sq ft |
Interested in This Deal?
Request Full Deal Details
Complete financials, legal documentation, rent rolls, and direct advisor contact are available to qualified investors upon request.
Deal Inquiry — Miami Waterfront Triplex