871 Sw 3Rd St | Image 1
New
Virtual Tour
871 Sw 3Rd St | Image 2
871 Sw 3Rd St | Image 3
871 Sw 3Rd St | Image 4
871 Sw 3Rd St | Image 5
871 Sw 3Rd St | Image 6
871 Sw 3Rd St | Image 7

$5,400,000

For Sale

4 days ago

871 Sw 3Rd St, Miami, FL

House

MLS® A12099896

0 Bed

0 Bath

--

--

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 4
Lot Size 5000 SF
Approx. Age 1925
MLS® Number A12099896

Property Address: 871 Sw 3rd St, Miami, FL, 33130-2273

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberA12099896
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1925
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 2, 2026List Date
$5,400,000List Price
  • Commute

Commute

Starting Address
Destination Address
871 Sw 3Rd St, Miami, FL

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties