No photos available
Offered at
$2,400,000
964 SW 3rd Street, Miami, FL 33130
- 0
- Beds
- 0
- Full Baths
- 15,000
- Sq.Ft.
Listing courtesy of Lais Same, Floridian First Realty Corp
Property Description
956-964 SW 3rd Street offers developers and investors the opportunity to acquire an eight-unit multifamily asset on a 15,000-square-foot assemblage in Miami's urban core, at an asking price of $2,400,000 and an in-place cap rate of 4.87%. The offering combines current income from the existing improvements with the underlying land value of a 0.344-acre T4-R site.For an investor, the property presents in-place net operating income of $116,901.06 on annual gross income of $163,707.00 across eight apartments, with electric service individually metered and paid directly by tenants — a structural feature relevant to evaluating the asset's ongoing expense profile.For a developer, the T4-R zoning designation and 15,000-square-foot land area, spanning two folios, may support future redevelopment, renovation, or repositioning of the site, subject to independent verification of zoning, density, and permitted uses with the applicable governing authorities.
Overview
At a glance
- Property Type
- Commercial Sale
- Property Sub-Type
- Multi Family
- Address
- 964 SW 3rd Street, Miami, FL 33130
- Zoning
- 3900
- MLS ID
- A12093630
- Listing Date
- 2026-09-22
- Last Updated
- 9/22/2026, 6:18:18 PM
- Days on Market
- 22
Features & Amenities
The Details
Details
- Building Area
- 15,000 sq.ft.
- Lot Size
- 7,500 sq.ft.
- Lot Size (Acres)
- 0.17 acres
- Year Built
- 1925
- County
- Miami-Dade
- Zoning
- 3900
Financial
- List Price
- $2,400,000
- Original List Price
- $2,400,000
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.