$595,000

2420 34th St, Miami, FL 33142

Living area
1,914 ft²
Price per ft²
$311 / ft²
Year built
1925
On market
5 days on market
MLS #
A12099554

Tremendous income generator in prime Allapattah location. Cash cow for investors. Duplex Zoned. Property with 3rd unit for extra income. Main house is a very large 2bed 1 bath with a large living and family room. Beautiful new custom kitchen and newer central AC unit. It is rented for $2400 monthly. Side apartment is a remodeled 1 bed and 1 bathroom. It is rented for $1500. Rear apartment is also a 1bed 1 bath remodeled beauty rented for $1600 monthly. Total of $66,000 gross rental income yearly. Property boasts a very large backyard and custom designed solar panels making the FPL bill very low. Plenty of parking in the front. Turnkey property. All tenant's are month to month. Great for owner occupant that wants big additional income.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $311. The median for recorded sales in the same ZIP codes is $715/ft² — putting it 57% below the median.
  • Position in the area’s price distributionThe asking price is $595,000; the median of recorded sales in the area is $575,000 (730 sales). On raw price that is 3% above the median — this line does NOT adjust for property type or size.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33127, 33136, 33142 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$178,500
Term

7.28% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 1, 2026.

Estimated monthly payment$2,850
Loan amount
$416,500
Total interest over the term
$609,408
Total repaid
$1,025,908

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Mederos and Associates Real Estate Inc

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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