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10040 NW 8th Ave

Miami, FL 33150

– beds
– baths
2,119 sqft
$306 per sqft
1949 build
– on site

Attention investors! This fully occupied triplex is situated on a 7,500 sq ft. lot and currently generates $4,800/month in rental income, with two units rented at $1,900/month and one at $1,000/month—offering immediate, stable cash flow from day one. The property is livable and fully rented, but would benefit from repairs and aesthetic upgrades, making it a great value-add opportunity. The lot is currently being used to work on multiple vehicles, which could be cleared to improve curb appeal or expand parking. There is one electrical and one water meter, with shared utility costs between tenants. Property is sold as-is. Do not disturb tenants. Drive-by only. Showings available by appointment. Serious inquiries only.

Listing courtesy of MLSM / PropertyDeco

Last checked: Checking… • Last updated May 4, 2025 •

MLS# A11790039 —

The Building

Year Built:

1949
Year Built Details:

Effective Year Built
Construction Materials:

Other
Stories:

1
Levels:

One
Roof:

Shingle
Building Area Total:

2259.0

Interior

Flooring:

Tile

Room Dimensions

Living Area:

2119.0

The Property

Parcel Number:

30 31 02 012 0900
Property Type:

ResidentialIncome
Property Subtype:

Triplex
Property Subtype Additional:

Triplex
Zoning Description:

5700
Lot Features:

LessThanQuarterAcre
Lot Size Units:

SquareFeet
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

$10,320
Tax Legal Description:

WEST BISCAYNE PB 7-58 S1/2 LOT 1 & S1/2 LOT 2 BLK 6 LOT SIZE 75.000 X 100 OR 13137-151 1286 1

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

CentralAir
Cooling:

true

Utilities

Utilities:

CableNotAvailable
Sewer:

PublicSewer

The Community

Subdivision Name:

West Biscayne
Pool Features:

None

Parking

Parking Total:

6.0

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/4/25 May 4, 2025	Listed / Active	MLSM	$650,000	23.8% (11.7% / YR)
4/21/23 Apr 21, 2023		MLSM	$525,000	886.2% (122.6% / YR)
6/6/16 Jun 6, 2016	Listed / Active	MLSM

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This multifamily located in West Biscayne, Pinewood, FL 33150 is currently for sale for $650,000. 10040 NW 8th Ave is a 2,119 square foot multifamily with – beds and – baths that has been on Estately for 0 days. 10040 NW 8th Ave is in the West Biscayne neighborhood of Pinewood and has a WalkScore® of 56, making it somewhat walkable. This multifamily is in the attendance area of Van E. Blanton Elementary School, Robert Morgan Educational Center And Technical College, Madison Middle School, Air Base Elementary School, and Miami Central Senior High School.

Listing Courtesy of: MLSM and PropertyDeco.

Based on information from the MLS MIAMI 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. MLSM, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. MLSM and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.