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Miami For Sale TRIPLEX

16 Rua Encosta Dos Magos # B

16 Rua Encosta Dos Magos # B

$1,990,000 ≈ ₿29.9586

MLS B26026997

1,415

SQUARE FEET

Triplex

Type

2023

Built

Overview

This triplex in Miami offers 1,415 square feet, and is listed for sale at $1,990,000 (about $1,406 per square foot). Built in 2023.

Madeira’s premier income-producing villa: legally ONE moradia (fração B) operated as 3 short-term suites — Crystal (56,728/yr), Amber (52,674/yr), Pearl (56,497/yr) with rooftop outdoor kitchen + 360° ocean views. 2025 actuals: 165,899 / $194,102 gross at ~94% occupancy; 120,262 / $140,706 NOI = 7.07% cap rate at list. Modern 2023 build, Class B energy. Each suite: 1 BR / 1 BA, fully furnished, kitchenette, private terrace; reversible interior partitions. Total 3 BR / 3.5 BA / 1,415 sqft. Registered Alojamento Local RNAL #160289. Caniço, 8 km east of Funchal. ONE moradia, ONE AL license — three suites via reversible partitions. Operating statement in Documents (Private). International property; FIRPTA may apply.

Property details

MLS #B26026997
Price$1,990,000
Size1,415 Square Feet
Year built2023
TypeTriplex
StatusFor Sale
Price / Square Feet$1,406

Features & amenities

Has a View
Has Cooling System
Has Heating System
Open Balcony

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Principal & interest
Property tax (est.)
Down (20%)
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Questions, answered

What is the square footage?

This triplex offers 1,415 square feet of living space.

When was this property built?

This triplex was built in 2023.

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$1,990,000

16 Rua Encosta Dos Magos # B

Miami · 1,415 Square Feet

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Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed.

We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.

$1,990,000

1,415 Square Feet

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