How much do investment & multifamily properties cost in Miami?

The 48 investment & multifamily properties for sale in Miami on this page ask from $479,900 to $2,950,000, a median of $749,900 or about $393 per square foot, from BeachesMLS listings as of November 9, 2026. 20 are under $700,000, 16 are between $700,000 and $900,000 and 12 are at $900,000 and up. Asking prices are not sale prices: the Miami housing market report shows what homes closed for.

How many investment & multifamily properties are for sale in Miami right now?

48 or more investment & multifamily properties are listed for sale in Miami as of November 9, 2026, and the typical one has been on the market 9 days; 6 of them have cut the asking price since listing. The list refreshes from the MLS through the day, and the alert on this page sends each new one the day it lists.

Which Miami communities have investment & multifamily properties for sale?

22nd Ave Heights (2, median $687,450), Acme Gulfair (2, median $564,950), Biscayne Shores Corr (2, median $604,500) and Hialeah Heights (2, median $749,900) hold the most investment & multifamily properties for sale in Miami today. The rest are spread across 38 more communities.

Miami Investment Properties & Multifamily for Sale

The best Miami investment decision starts before you buy.

Live BeachesMLS listings matching this search in Miami, Florida, updated throughout the day.

Small income property in Miami sits on the older grid close to the jobs. Duplexes, triplexes and fourplexes in Little Havana, Allapattah, Little River, Flagami and Shenandoah lease to people working downtown, at Jackson Memorial and the Health District, at the airport and at the port, and most were built between the twenties and the sixties. Verify the legal unit count in the city or county record rather than counting kitchens, because the way a building is laid out and what it is permitted for often differ, and ask whether a recertification is due. A downtown condo can work as a short stay only where zoning, the association, a state license and tourist-tax registration all line up, so confirm each before you count that Miami income.

The 48 newest listings are below; see every match with map and filters.

The 48 listings on this page run from $479,900 to $2,950,000, with a median of $749,900, about $393 per square foot, and they have been listed a median of 9 days.

The communities with the most listings here are 22nd Ave Heights (2), Acme Gulfair (2), Biscayne Shores Corr (2) and Hialeah Heights (2), 8 of the 48; the others are spread across 38 more communities. All of them are multifamily properties. They were built between 1924 and 2020, a median of 1949, and 2 in the last ten years. 1 of the 48 have a pool, and 1 is on the water.

Ask About These Miami Investment & Multifamily Properties

Tell us which of these homes you want to see, or what you are looking for that is not here, and a Miami agent replies with the homes that fit, the questions to ask about each and a time to see them. Call or text (786) 914-1017 or send the form on this page.

Miami Investment & Multifamily Properties: What Is on the Market

What the 48 investment & multifamily properties for sale in Miami tell you about this market, counted from the listings on this page as of November 9, 2026. Every figure moves with the inventory. Ask about any of these homes or request a showing from this page.

Listings on this page	48
Asking prices	$479,900 to $2,950,000
Median asking price	$749,900
Median price per square foot	$393/sq ft
Median living area	1,957 sq ft
Year built	1924 to 2020, median 1949
Median days on market	9 days
Listings with a price cut	6 of 48
With a pool	1 of 48
On the water	1 of 48

Communities With the Most Listings

Community	Listings	Median asking price
22nd Ave Heights	2	$687,450
Acme Gulfair	2	$564,950
Biscayne Shores Corr	2	$604,500
Hialeah Heights	2	$749,900

By Asking Price

Under $700,000: 20 listings
$700,000 to $900,000: 16 listings
$900,000 and up: 12 listings

Counted from the listings on this page, BeachesMLS, as of November 9, 2026. Asking prices, not sale prices. Not an appraisal.

Miami Investment & Multifamily Properties: Questions Buyers Ask

How much do investment & multifamily properties cost in Miami?: The 48 investment & multifamily properties for sale in Miami on this page ask from $479,900 to $2,950,000, a median of $749,900 or about $393 per square foot, from BeachesMLS listings as of November 9, 2026. 20 are under $700,000, 16 are between $700,000 and $900,000 and 12 are at $900,000 and up. Asking prices are not sale prices: the Miami housing market report shows what homes closed for.
How many investment & multifamily properties are for sale in Miami right now?: 48 or more investment & multifamily properties are listed for sale in Miami as of November 9, 2026, and the typical one has been on the market 9 days; 6 of them have cut the asking price since listing. The list refreshes from the MLS through the day, and the alert on this page sends each new one the day it lists.
Which Miami communities have investment & multifamily properties for sale?: 22nd Ave Heights (2, median $687,450), Acme Gulfair (2, median $564,950), Biscayne Shores Corr (2, median $604,500) and Hialeah Heights (2, median $749,900) hold the most investment & multifamily properties for sale in Miami today. The rest are spread across 38 more communities.

What Investors Buy in Miami

What actually trades as investment property in Miami is small and old. Duplexes, triplexes and fourplexes on the pre-war and mid-century grid in Little Havana, Allapattah, Little River, Flagami and Shenandoah make up most of it, bought for steady annual tenants who work nearby rather than for appreciation alone. A second category is the lot itself: a duplex-zoned parcel in Shenandoah, Silver Bluff or The Roads bought for what townhomes can be built on it, or an older warehouse near the railway in Little River bought for reuse. A third is a downtown condominium held for annual rent where the building caps leasing, or for short stays where it does not. Each Miami category has a different tenant and a different exit.

Reading the Numbers in Miami

Underwrite a Miami deal on your own numbers rather than the seller's. Florida property taxes reassess to the purchase price at closing, so the current owner's tax line understates yours, often sharply on a long-held building. Insurance is the swing item: wind and flood pricing on an older block building near the bay or the river can move enough to change the outcome, and roof age drives it. In a condominium, dues rise after a milestone inspection, and a special assessment can arrive after you close, so read the reserve study before the listing sheet. Any published income is the listing agent's projection until you see signed leases, deposits and a rent ledger, and unpermitted units in Miami produce rent that will not survive underwriting.

Before You Buy: The Guides

The Numbers on These Listings

Straight from the MLS, updated through the day. Income and capitalization rates are what the listing agent published, not audited figures: treat them as the start of underwriting, and ask for certified operating statements before you offer.

Property	Price	Units	Per unit	Income	Cap rate	Taxes	HOA	Days on market
1725 NW 44th Street	$595,900	2	$297,950	$5,000 gross	—	$8,063	—	1 days
1317 NE 110th Terrace	$499,000	2	$249,500	—	—	$8,556	—	2 days
219 NE 141st Street	$990,000	2	$495,000	—	—	$11,650	—	2 days
1440 SW 4th Street	$2,950,000	2	$1,475,000	—	—	$27,983	—	3 days
MLS A12118853	$574,999	2	$287,500	—	—	$8,611	—	3 days
1400 NE 148th Street	$850,000	4	$212,500	$7,900 gross	—	$18,256	—	111 days
2714 NW 23rd Avenue	$799,999	2	$400,000	$5,250 gross	—	$9,507	—	4 days
1440 SW 4th Street	$2,950,000	2	$1,475,000	—	—	$27,983	—	4 days
3330 NW 15th Avenue	$590,000	2	$295,000	—	—	$3,890	—	4 days
10380 SW 173rd Street	$599,999	2	$300,000	—	—	$6,511	—	4 days
9600 NW 19th Avenue	$530,000	2	$265,000	$2,600 gross	—	$6,825	—	4 days
MLS A12117254	$650,000	2	$325,000	—	—	$6,077	—	5 days
319 NE 110th Terrace	$780,000	2	$390,000	$7,000 gross	—	$10,447	—	5 days
6228 NW 4th Avenue	$599,000	2	$299,500	$3,900 gross	—	$9,068	—	5 days
2185 NW 18th Street	$700,000	4	$175,000	$4,900 gross	—	$5,153	—	6 days
2411 NW 65th Street (reduced from $620,000)	$619,900	2	$309,950	$4,650 gross	—	$7,131	—	6 days
2773 NW 57th Street	$749,900	4	$187,475	$5,400 gross	—	$5,157	—	6 days
8141 NW 5th Court	$560,000	2	$280,000	$4,500 gross	—	$8,529	—	6 days
MLS A12115202	$479,900	2	$239,950	$4,000 gross	—	$6,388	—	6 days
2775 NW 57th Street	$749,900	4	$187,475	$5,400 gross	—	$5,157	—	6 days
2345 NW 65th Street	$619,900	4	$154,975	$5,000 gross	—	$8,723	—	6 days
2560 SW 10 Street	$899,000	2	$449,500	$4,600 gross	—	$11,267	—	6 days
2168 NW 28 Street	$1,100,000	3	$366,667	—	—	$15,900	—	244 days
3828 SW 29th Street	$899,000	2	$449,500	$4,859 gross	—	$14,321	—	7 days

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