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931 SW 3rd St, Miami FL 33130

Comercial En Venta
$18,500,000

BTC: 278.19548872

ETH: 9,723.33179162

23 días
0 room(s)

Visión general

Rare Urban Garden Apartment Community in the Heart of East Little Havana. Spanning 2.16 acres across two contiguous parcels totaling 79 units and 58,260 SF of building area, this community offers operational scale, enduring land value, & a residential character difficult to replicate in Miami's urban core. Presenting a rare opportunity to acquire a 79-unit garden apartment community spanning 2.16 acres — an increasingly scarce combination of scale, land, & low-density residential character within Miami's urban core. Originally developed in 1947, the property consists of multiple residential structures in a garden- style setting distinguished by expansive open areas, mature landscaping, and generous green space. The property features a diversified unit mix of 29 two-bedroom residences, 46 one-bedroom residences, and 4 studio apartments, providing broad tenant appeal and durable leasing flexibility. The site's configuration and significant land component create a setting that is increasingly difficult to replicate under today's development conditions. With current in-place gross income of $1,336,754 and pro forma gross income of $1,990,800, the portfolio presents a compelling value- add opportunity with clear rent upside — units currently average below market, offering an investor a 5.93% pro forma cap rate. Residents benefit from convenient access to employment centers while remaining immersed in the culture, dining, and everyday conveniences that define Little Havana.

Ubicación

Detalles

Tipo:
Commercial Sale
Estacionamiento:
Sin datos
Año de construcción:
1947
Lote:
94134 Pies Cuadrados
Calefacción:
Sin datos
precio por sq. medidor:
Sin datos
Enfriamiento:
Sin datos
HOA:
Sin datos

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $329K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.
Más hechos y características
  • Lote

    • Lote: 94134 Pies Cuadrados

    Otra Información de Propiedad

    • Número de Parcela: 01-41-38-003-1340

    • Zonificación: T4-R

  • Tipo y estilo

    • Tipo de propiedad: Commercial Sale

    • Subtipo de propiedad: Income/MultiFamily

  • Detalles de la fuente

    • MLS ID: A12044485

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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: Fausto Commercial Realty Consultants Inc