1243 NW 29th Ter, Miami FL 33142

$775,000

Description

Turnkey investment opportunity in the heart of Allapattah! This fully remodeled Triplex features three 2-bedroom, 1-bathroom units with immediate market rent potential of approximately $2,400 per unit. Extensive improvements include a brand-new roof, impact windows, new plumbing, updated electrical systems, new A/C units. With the major renovations already completed, this move-in-ready multifamily property offers minimal upfront improvements and excellent income potential. Situated on a large lot with ample parking, no HOA, and no rental restrictions. Ideally located in a high-demand, rapidly evolving Miami neighborhood with convenient access to major highways, Downtown Miami, Wynwood, Miami International Airport, and public transportation. Ideal for investors seeking strong cash flow and long-term appreciation, or owner-occupants looking to live in one unit and rent the others to help offset their mortgage. Easy to show—schedule your showing today!

Listing courtesy of Jania Brown, Lifestyle International Realty · Updated 8/11/2026