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$699,000 -$50,000 (-6.68%) Price Reduced

  • For Sale
  • Active
  • Triplex
  • 1,584 Sq. Ft.
  • Updated 21 hours ago
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PLEASE READ PRIOR TO CONTACTING Owner/agent: Cash flow Machine ($63k 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 $63k/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. Interior showings only with an offer.

Full Property Details for 600 NW 116th Terrace

General

  • Price: $699,000
  • Taxes: $5,780 (2025)
  • Status: Active
  • Type: Triplex
  • Source: Greater_Miami
  • MLS ID: A12106198
  • Updated: 10/23/2026
  • Added to Site: 12 day(s) ago

Rental Information

  • Rent Includes: Gardener, Pest Control, Sewer, Trash Collection, Water

Interior

  • Flooring: Tile

Parking

  • Total Spaces: 6

Location

  • Area: Parkwood Terrace
  • County: Miami-Dade County
  • Subdivision: PARKWOOD TERRACE
  • Building Name: PARKWOOD TERRACE

Community

  • Community Name: Parkwood Terrace
  • Association: Yes
  • Units Assoc/Comm: 3

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Attached
  • Structure Type: Triplex
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Shingle
  • Stories/Levels: 1
  • Building Size: 1584
  • Square Feet: 1,584
  • Living Area: 1,584 Sq. Ft.
  • Year Built: 1956

Unit Information

  • Units in Complex: 3

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 6400

Financial Considerations

  • Price Per Sq. Ft.: $441.29
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $5,780
  • Tax Year: 2025
  • Terms: Cash

Disclosures and Reports

  • Documents Avail.: Deposit Held
  • Legal Description: PARKWOOD TERRACE PB 22-3 LOT 28 BLK 2 LOT SIZE 56.410 X 108 OR 18359-4940-42 1198 1 COC 23217-3799 03 2005 4
  • Property ID: 30-21-36-032-0350

Listed by Sigma Real Estate & Investment and Trustpoint Realty, LLC.

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Listing agents

— 600 NW 116th Terrace —

  • Sigma Real Estate & Investment

  • Trustpoint Realty, LLC.

kris@fordomeinvestments.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 600 NW 116th Terrace

School District:Dade County School District
NameGradesDistance
Hubert O. Sibley K-8 Center
255 Northwest 115th Street, Miami, FL 33168
PK-50.4 mi
Thomas Jefferson Middle School, Miami, FL
525 Northwest 147th Street, Miami, FL 33168
6-82 mi
North Miami Senior High School
13110 Northeast 8th Avenue, North Miami, FL 33161
9-121.9 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 600 NW 116th Terrace Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/20/2026
Price Reduced
$699,000
-6.68%
MLS
10/17/2026
Price Increased
$749,000
10.96%
MLS
10/13/2026
Listed
$675,000
215.42%
MLS
6/05/2019
Sold
$214,000
—
Public Record
Get Price Alerts and Save Property
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 for 600 NW 116th Terrace

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,021
58%
$242,760
34%
2024
$3,811
11%
$181,698
3%
2023
$3,443
7%
$176,406
6%
2021
$3,222
-2%
$166,280
-3%
2022
$3,282
2%
$171,268
3%
2021
$3,222
-14%
$166,517
7%
2019
$3,743
3%
$155,372
—
2018
$3,635
20%
$155,428
31%
2017
$3,030
—
$118,933
—
2016
$3,041
-1%
$118,990
—
2015
$3,068
-8%
$118,794
-8%
2014
$3,321
—
$129,661
—
2013
$3,317
—
$129,713
—
View All
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 for 600 NW 116th Terrace

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Sigma Real Estate & Investment and Trustpoint Realty, LLC.

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600 NW 116th Ter, Miami, FL 33168 (MLS# A12106198) is a Triplex property with 0 bedrooms and 0 full bathrooms. 600 NW 116th Ter is currently listed for $699,000 and was received on October 13, 2026. Want to learn more about 600 NW 116th Ter? Do you have questions about finding other Triplex real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

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