Triplex

600 NW 116th Ter

600 NW 116th Ter, Miami FL 33168 Get directions

$675,000

For Sale New — 1 day on market

1,584 SqFt

See estimated monthly cost

This listing is courtesy of Sigma Real Estate & Investment. Kristopher Rodriguez kris@fordomeinvestments.com

Overview

PLEASE READ PRIOR TO CONTACTING Owner/agent: Cash flow Machine ($62k+ per year!) Beautiful triplex east of i-95 with three 1/1 totaling nearly 1,600 SF of living area on 6k+ SF Lot and 3 private fenced yards (one for each tenant). All 3 units are rented out generating $62,700/year in gross annual income. 1 water meter. 2 of 3 units have laundry inside. 2 of 3 tenants are month to month. Brand new septic and drain field installed September 2026. All 3 units are rented out and have been fully remodeled and updated. The roof is in good shape but a brand new roof can be installed at full price. Corner lot with plenty of off-street parking. i95 wall protection from storms! Stunning property. Please TEXT listing agent for with any questions. All tenants are current. Property to be sold with clean title.

Facts & features

Interior

Living area (sq ft): 1,584

Building & exterior

Year built: 1956

HOA (homeowners association)

Association fee: $0 per month

Taxes

Annual tax: $5,780
Tax year: 2025
Parcel number: 30-21-36-032-0350

Listing

MLS number: A12106198
Property type: Triplex
Price per SqFt: $426
Subdivision: PARKWOOD TERRACE
On market since: Oct 13, 2026
Days on market: 1

Estimated monthly cost

$4,401 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $3,413
Property tax: $482
Insurance (estimated): $506

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Nearby schools

Doctors Charter School of Miami Shores Charter · 6-12 · 0.25 mi
Hubert O. Sibley K-8 Center Public · PK-8 · 0.32 mi
Lively Stones For Jesus School of The Future Private · 02-12 · 0.39 mi
It Takes A Village Acadmey of Excellence Private · PK-05 · 0.50 mi
Trinity Church School Private · PK-KG · 0.56 mi
Miami Union Academy Private · PK-12 · 0.68 mi
Gratigny Elementary Public · PK-5 · 0.71 mi
Lakeview Elementary Public · PK-5 · 0.73 mi
Bright Future School of Excellence Private · KG-08 · 0.78 mi
Faith Community Christian School Private · PK-08 · 0.78 mi
Cristo Rey Miami High School Private · 09-12 · 0.81 mi
Marie A. Rivette Child Development Center Private · PK-08 · 0.86 mi
Trinity By Faith Academy Private · KG-05 · 0.87 mi
Keystone National High School Private · 09-12 · 0.89 mi
Van E. Blanton Elementary Public · PK-5 · 0.92 mi

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