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$4,569,000 -$426,000 (-8.53%) Price Reduced
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Property Description
Excellent investment opportunity in Miami. This multifamily portfolio features 16 units, all boasting desirable 2-bedroom, 1-bathroom layouts. The property consists of four separate structures situated across two massive adjacent lots totaling 30,573 square feet of land with two separate Folios. Every unit has been remodeled with fully renovated kitchens, fresh paint, and modern finishes. Generates a strong GPI of $38,480, $461,760 annually this turnkey asset is highly efficient to run, featuring assigned parking per unit and individually..located conveniently near Allapattah station metro rail located at both addresses 2090 NW 31st St and 2081 NW 30th St. Perfect addition to any investor's portfolio looking for immediate, hassle-free cash flow in Miami's growing city. Perfect for investors, 1031 exchange, minimal work with a great return. NOI $375235.56 Cap Rate 7.51%
Full Property Details
Full Property Details for 2090 NW 31st St
General
- Price: $4,569,000
- Status: Active
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A12054966
- Updated: 8/13/2026
- Added to Site: 29 day(s) ago
Business
- Business Type: Residential-Multi-Family
Parking
- Parking Features: Assigned
Location
- County: Miami-Dade County
- Building Name: SUBURBAN PARK
Community
- Units Assoc/Comm: 1
Structural Information
- # Buildings: 4
- Detached/Attached: Detached
- Stories/Levels: 1
- Building Size: 15299
- Year Built: 1955
Unit Information
- Units in Complex: 1
Lot Features
- Lot Size (Sq. Ft.): 15,299
- Zoning: 3900
Financial Considerations
- Terms: All Cash, Conventional/Refinance
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: SUBURBAN PARK PB 61-74 W9FT LOT 3 & ALL OF LOTS 4 & 5 LOT SIZE 15299 SQUARE FEET OR 20569-3764 08 2002 2
- Property ID: 01-31-27-061-0040
Listed by Lifestyle International Realty
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Schools
Schools serving 2090 NW 31st St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Maya Angelou Elementary School 1850 Northwest 32nd Street, Miami, FL 33142 | PK-5 | 0.2 mi |
Georgia Jones Ayers Middle School 1331 Northwest 46th Street, Miami, FL 33142 | 6-8 | 1.2 mi |
Miami Jackson Senior High School 1751 Northwest 36th Street, Miami, FL 33142 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2090 NW 31st St
Date
Details
Price
Change
Source
8/13/2026
Price Reduced
$4,569,000
-8.53%
MLS
7/16/2026
Listed
$4,995,000
524.38%
MLS
7/28/2017
Sold
$800,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2090 NW 31st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,601
10%
$984,496
-23%
2024
$19,679
14%
$1,274,422
27%
2023
$17,332
20%
$1,004,686
31%
2021
$14,394
-7%
$764,257
-5%
2022
$15,465
4%
$805,501
32%
2021
$14,930
23%
$611,297
8%
2019
$12,103
2%
$566,971
—
2018
$11,876
31%
$567,001
23%
2017
$9,044
8%
$459,938
23%
2016
$8,346
10%
$373,338
10%
2015
$7,562
2%
$339,399
10%
2014
$7,430
10%
$308,545
4%
2013
$6,746
—
$297,832
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2090 NW 31st St
2090 NW 31st St, Miami, FL 33142 (MLS# A12054966) is a Commercial Multi-Family property. 2090 NW 31st St is currently listed for $4,569,000 and was received on July 16, 2026. Want to learn more about 2090 NW 31st St? Do you have questions about finding other Commercial Multi-Family real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

