No photos available
Offered at
$5,400,000
871 SW 3rd Street, Miami, FL 33130
- 0
- Beds
- 0
- Full Baths
- 11,700
- Sq.Ft.
Listing courtesy of Miguel Angel Pinto, APEX Capital Realty LLC
Property Description
871 SW 3rd Street is a 100% occupied, 24-unit multifamily investment in East Little Havana. All 24 one-bedroom, one-bath apartments are leased at an average in-place rent of $1,685 per month: income from day one, no lease-up, no downtime. The existing financing is assumable at a rate below 6% with about four years remaining, so a buyer steps into in-place debt. The 40-year recertification is complete. East Little Havana is one of Miami's most vibrant, culturally rich neighborhoods, set between the Little Havana core and Brickell, minutes from Downtown Miami and the Miami River. Steady demand for well-located workforce housing keeps occupancy high. Asking Price: $5,400,000 ($225,000 per unit). 5.92% cap rate on reassessed NOI.
Overview
At a glance
- Property Type
- Commercial Sale
- Property Sub-Type
- Multi Family
- Address
- 871 SW 3rd Street, Miami, FL 33130
- Zoning
- 3900
- MLS ID
- A12099896
- Listing Date
- 2026-10-02
- Last Updated
- 10/3/2026, 1:02:04 AM
- Days on Market
- 23
Features & Amenities
The Details
Details
- Building Area
- 11,700 sq.ft.
- Lot Size
- 5,000 sq.ft.
- Lot Size (Acres)
- 0.11 acres
- Year Built
- 1925
- County
- Miami-Dade
- Zoning
- 3900
Financial
- List Price
- $5,400,000
- Original List Price
- $5,400,000
Location
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Learn More →Information & Accuracy
All information provided on this page is deemed reliable but is not guaranteed. Square footage, lot size, room dimensions, year built, taxes, and HOA figures are sourced from the MLS, the seller, or public records, and Aquantis Realty makes no representation or warranty as to their accuracy. All measurements and material facts should be independently verified by the buyer.