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3079 NW 11th St, Miami FL 33125

Commercial Recently Sold
$2,400,000

BTC: 28.86697137

ETH: 905.66037736

Sold on: 2021-04-02
27 days
0 room(s)

Overview

Real Capital Partners is pleased to present 3079 NW 11th St. Miami, Fl. 33125. Great opportunity to purchase a multifamily investment property in a high demand rental area. The property consists of 6 two-story duplex structures with a total of 12 units. Most units are 3BR/2.5 BA and some have converted the living room to a fourth bedroom. The roofs are in good condition and the property has approximately 40 parking spaces. Tenants are all month to month but have resided long-term with some tenants as long as 20 years. The owner is offering financing 5.5% interest only with a minimum down payment of $l.4mm. The property is generating a 5.52% cap rate on current income. Upon increasing rents to $2,000 per unit, the cap rate will increase to 7.57%.

Location

Florida • Miami • 33125 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
Assigned / Common
Year Built:
1984
Lot:
0.75 Acres
Heating:
Central Electric / Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $580K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$29,074
2020
Parking
40 spaces
All facts and features

  • Flooring

    • Ceramic Floor

    Heating

    • Central Electric

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Parking

    • Assigned

    • Common

    Lot

    • Lot: 0.75 Acres

    Other Property Information

    • Parcel Number: 01-31-33-022-0300

    • Zoning: 5700

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $29,074

  • Source details

    • MLS ID: A10962297

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • 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

Live counts in the same area.
View all
This zip
33125
—
Active
Same city
Miami
1
median $4.0M
Active
Same type
Commercial
—
Active
Similar price
$1.9M – $3.5M
—
Active

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: Real Capital Partners LLC