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$5,400,000
9 Days On Site

871 SW 3rd St
Miami, FL 33130

For Sale|Multi Family|Active
0
Beds
0
Total Baths
11,700
SqFt
$462
/SqFt
1925
Built
County:
Miami-Dade
Call Now: (866)577-5262
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(866)577-5262
871 SW 3rd St871 SW 3rd St871 SW 3rd St871 SW 3rd St
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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.

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Listing Snapshot
Price 
$5,400,000
Days On Site 
9 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,700 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1148 Acres
Year Built 
1925
MLS® Number 
A12099896
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Property Sub Type 
Multi Family
SqFt Total 
11700
Zoning 
3900
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Community Features
MLS Area 
41
Listing courtesy of APEX Capital Realty LLC

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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