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2036 NW 3rd St, Miami FL 33125

Commercial For Sale
$1,100,000

BTC: 14.36781609

ETH: 474.13793103

New
0 room(s)

Overview

Prime 8 Unit Multifamily Investment Opportunity in the Heart of Miami! Discover this income producing property ideally located near Little Havana, Downtown Miami, Brickell and major expressways. This two story building features eight spacious 1 bedroom, 1 bathroom apartments with separate electric meters and 5,948 sq. ft. of building area. All units feature similar layouts and the property has been maintained with updates and repairs as needed. Highlights include a roof replaced in 2023 and City of Miami approved structural and electrical recertification reviews in 2025. Currently generating $115,200 in annual rental income, with approximately $72,200 in adjusted annual net operating income (NOI) based on estimated recurring expenses of $43,000. Excellent rental upside potential, with projected gross income of $144,000 annually if all eight units rent for $1,500 per month, subject to market conditions and existing month to month leases. This property offers investors immediate income, strong rental growth potential and a prime central Miami location. Don't miss this opportunity to own eight income producing units under one roof!

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1925
Lot:
0.12 Acres
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,100,000
$983K – $4.0M
Confidence Low
List vs. estimate
$1.0M below estimate
List $1,100,000 · -47.6%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $667K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$11,340
2025
All facts and features
  • Flooring

    • Tile

    Heating

    • Wall/Window Units

    Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 0.12 Acres

    Other Property Information

    • Parcel Number: 01-41-03-010-0130

    • Zoning: 5700

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $11,340

  • Source details

    • MLS ID: A12117926

    Other facts

    • Construction Materials: CBS Construction / Plaster

    • Water Source: Public

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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Market around this address

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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: Coldwell Banker Realty