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1442 SW 3rd St, Miami FL 33135

Commercial Recently Sold
$1,315,000

BTC: 15.81669473

ETH: 496.22641509

Sold on: 2020-03-19
61 days
0 room(s)
1,284 sqft

Overview

6 Units High Cash Flow Opportunity with 7.5 % Cap Rate. Fully stabilized multifamily asset with separate onsite commercial laundry facility. The property consists of Three structures , 2 building with 4 units 2 bed 1 bath and a 2 unit building in the rear with 4 beds 2 bath total 6 units. Plus a very profitable onsite commercial laundry facility. Laundry has separate business license servicing the building & neighboring buildings with 10 commercial washer and 10 commercial gas dryer producing f $5000-5400/month. netting $4000/4300 All machines are owned and conveyed with the sale. Property has new drain system, driveway, impact windows all units redone completely ,fencing electric parking gate and 6 parking spaces. 2 bed 1 bath rented $1300/1350 . 4 bed 2 bath rented $1950/1990

Location

Details

Type:
Commercial Sale
Parking:
Assigned
Year Built:
1921
Lot:
7500 Square Feet
Heating:
Central Individual A/C
Price/sqft:
$1,234
Cooling:
No Data
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $370K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$10,008
2019
Parking
6 spaces
All facts and features
  • Flooring

    • Ceramic Floor

    • Other

    Heating

    • Central Individual A/C

  • Parking

    • Assigned

    Lot

    • Lot: 7500 Square Feet

    Other Property Information

    • Parcel Number: 01-41-02-006-3420

    • Zoning: 3901

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $10,008

  • Source details

    • MLS ID: A10790559

    Other facts

    • Construction Materials: Concrete Block Construction

    • Living Area: 1284

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida, LLC