1027 Sw 3rd Street
Miami, FL 33130
MLS # A12088855· Active IDX
$2,095,000
- Bathrooms
- 0
- Living area
- 5,058 sq ft
- Lot size
- 0.17 acres
- Year built
- 1960
- Type
- Multi Family
- Days on market
- 51
About this home
1027 SW 3rd Street is a fully renovated and stabilized 10-unit apartment building in the heart of Little Havana, just minutes from Brickell, Downtown Miami, the Miami River and Calle Ocho. The property consists of ten 1-bedroom/1-bath units with vinyl flooring, mini-split A/C systems, stainless-steel appliances and hurricane-impact windows. This is a true turnkey Miami multifamily opportunity with strong in-place cash flow and additional upside through rents. Offered at $2,095,000, the property is being sold at a 5.91% current cap rate with a 6.71% pro forma cap rate at $1,775 per unit. At only $209,500 per unit, this is a rare opportunity to own a renovated 10-unit building in one of Miami’s most centrally located and high-demand rental markets.
Details
| MLS # | A12088855 |
|---|---|
| Status | Active |
| County | Miami-Dade |
| ZIP | 33130 |
| Construction | Block |
| Flooring | Laminate |
| Heating | Electric |
| Cooling | Central Individual |
| Water | Public |
| Sewer | Public Sewer |
Listing courtesy of Metropolitan Property Group Florida, Francisco H Brito. Last updated Oct 30, 2026, 8:06 PM ET.
Request a showing
Mention MLS # A12088855 (1027 Sw 3rd Street) and when you would like to visit. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(888) 440-3766The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Oct 30, 2026, 8:06 PM ET.