Nearby rentals
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Features
| Air Conditioning | Central Air |
Community
| Exterior Type: Block | Roof Type: Shingle |
Grounds
| Garage Parking |
One-time.
One-time. Refundable.
Property Status: Active Located in Miami’s rapidly evolving Upper Eastside corridor, legal upper / lower duplex presents a compelling opportunity for investors seeking stable rental income with future upside. This 2,074 SF multi-family property is currently fully leased, generating $67,200 in gross annual income. 2 spacious units, each with 2 BR's and 2 bath. The upstairs residence includes a den that has been converted into a 3rd BR, offering added rental flexibility and increased income potential, while the downstairs unit is a well-configured 2BR/2BA layout. Positioned in a desirable pocket near Morningside, the property benefits from strong rental demand and proximity to neighborhood amenities. Nearby comparables shows the buyer's insatiable appetite for specifically multi-family, reinforcing the area's ongoing investment activity. Residents enjoy convenient access to local markets, cafés, & nearby educational institutions including Morningside K-8 Academy & Elementary School, & Cushman School. With immediate cash flow, flexible unit layouts, and a location in one of Miami’s steadily appreciating neighborhoods with current income & growth. Current tenants are NOT short-term but current tenant is operating as AIRBNB & easily double the cap rate closer to 12%. Please ask for a walk-through video. 4 parking. Roof & AC units are 8-10 yrs old. Elect panels 2015, HWH 2019. 60 day notice if you no longer want current tenants. Office Phone: (305) 757-1700 Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
| Neighborhood | Upper East Side |
|---|---|
| Zip code | 33138 |
| Type | House for rent |
2-bedroom apartments at 435 Ne 69th St #1 cost about 1% less than the average rent price for 2-bedroom apartments in Miami.
| Month | Median Rent |
|---|---|
| July 2024 | $3,750 |
| August 2024 | $3,767 |
| September 2024 | $3,701 |
| October 2024 | $3,550 |
| November 2024 | $3,340 |
| December 2024 | $3,350 |
| January 2025 | $3,362 |
| February 2025 | $3,200 |
| March 2025 | $3,376 |
| April 2025 | $3,500 |
| May 2025 | $3,496 |
| June 2025 | $3,515 |
| July 2025 | $3,500 |
| August 2025 | $3,328 |
| September 2025 | $3,390 |
| October 2025 | $3,325 |
| November 2025 | $3,215 |
| December 2025 | $3,112 |
| January 2026 | $3,076 |
| February 2026 | $3,017 |
| March 2026 | $3,080 |
| April 2026 | $3,275 |
| May 2026 | $3,351 |
| June 2026 | $3,482 |
| Month | Median Rent |
|---|---|
| July 2024 | $2,800 |
| August 2024 | $3,165 |
| September 2024 | $3,368 |
| October 2024 | $3,393 |
| November 2024 | $3,400 |
| December 2024 | $3,137 |
| January 2025 | $3,100 |
| February 2025 | $2,918 |
| March 2025 | $2,880 |
| April 2025 | $2,912 |
| May 2025 | $3,070 |
| June 2025 | $3,075 |
| July 2025 | $2,974 |
| August 2025 | $2,814 |
| September 2025 | $2,997 |
| October 2025 | $3,000 |
| November 2025 | $2,930 |
| December 2025 | $2,850 |
| January 2026 | $2,792 |
| February 2026 | $2,721 |
| March 2026 | $2,656 |
| April 2026 | $2,736 |
| May 2026 | $2,840 |
| June 2026 | $2,875 |
Can I afford to live at 435 Ne 69th St #1?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$115,000/yr
| Bath | |||||
|---|---|---|---|---|---|
| 6 years ago | $2,150 | 2 bed | 2 bath | ||
| 7 years ago | $2,150 | 2 bed | 2 bath | ||
| 7 years ago | $2,150 | 2 bed | 2 bath | ||
| 7 years ago | $2,250 | 2 bed | 2 bath |
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Occupied
2 Beds
2 Baths
$2,100
Air Conditioning • In-Unit Laundry
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