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New Listing
$5,400,000
 $28,988 est/mo Sourced by Back At You

871 SW 3rd St,Miami, FL 33130

Miami, FL 33130

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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.

Details

MLS #A12099896
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1925
Days On Site5
Listing Provided ByAPEX Capital Realty LLC | Miguel Pinto

Features

SQ Feet11,700
Units24
Zoning3900
Acreage5000.00

Exterior

Lot FeaturesFlood Zone

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33130
Area41
Listing VS Median (in 33130)
Price:
$5,400,000
low | high
Med:
$8,500
100% of Average
sqft:
11,700
low | high
Med:
1,408
100% of Average
$ / sqft:
$462
low | high
Med:
$6
100% of Average
On site:
5
low | high
Med:
24
20.833333333333% of Average
Sourced by Back At You

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ANNA KLIAN

ANNA KLIAN

Premier Florida Realty

 (239) 281-3999annaklian@gmail.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33130
Area41
Listing VS Median (in 33130)
Price:
$5,400,000
low | high
Med:
$8,500
100% of Average
sqft:
11,700
low | high
Med:
1,408
100% of Average
$ / sqft:
$462
low | high
Med:
$6
100% of Average
On site:
5
low | high
Med:
24
20.833333333333% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $4.5M - $6.75M
sqft: 8,500 - 14,500
Nearby Listings Property ImageNearby Listings Details
750 SW 2nd Street Property Photo 1
$4,750,000
750 Sw 2nd Street
Miami, FL 33130
750 SW 2nd St Property Photo 1
$4,750,000
750 Sw 2nd St
Miami, FL 33130
Listing Updated: October 3, 2026 at 12:18:17 AM PDT

ANNA KLIAN - Premier Florida Realty