871 Sw 3rd Street
Miami, FL 33130
MLS # A12099896· Active IDX
$5,400,000
- Bathrooms
- 0
- Living area
- 11,700 sq ft
- Lot size
- 0.11 acres
- Year built
- 1925
- Type
- Multi Family
- Days on market
- 30
About this home
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.
Details
| MLS # | A12099896 |
|---|---|
| Status | Active |
| County | Miami-Dade |
| ZIP | 33130 |
Listing courtesy of APEX Capital Realty LLC, Miguel Angel Pinto. Last updated Oct 30, 2026, 8:10 PM ET.
Request a showing
Mention MLS # A12099896 (871 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, 8:10 PM ET.