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1808 SW 3rd St, Miami FL 33135

Multi-family Recently Sold
$1,400,000

BTC: 17.89937991

ETH: 553.25034578

Sold on: 2024-07-03
New
0 room(s)
3,988 sqft

Overview

Investors- Navigate to this cash flowing property in a historic area. The prime location is close to Calle Ocho and Brickell which has alot of new multi family development. The building is zoned mixed use and features 6x1/1 apartments and 1 convenience store. Gated access to top floor which features 4x1/1 apartments. 1 apartment in the front of the building and 1x1/1 at the rear. The store has a separate storage building with electric and privacy fence from the building common yard area. 40 year recertification is approved and recorded. No code violations and all units have separate meters. 1 water meter. 5x1/1 paying $1300 and 1x1/1 paying $1200. Convenience store paying $3000 and in process of negotiating higher. All units have leases. 7%+ cap rate. No seller financing. Contract to view.

Location

Florida • Miami • 33135 • Multi-family • Recently Sold

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1930
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$351
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,547,499
$692K – $2.4M
Confidence Low
List vs. estimate
$147K below estimate
List $1,399,999 · -9.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$351
-19.6% vs. city median $436
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $660K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,059
2023
All facts and features

  • Flooring

    • Tile

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 01-41-03-014-1660

    • Zoning: 3900

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $8,059

  • Source details

    • MLS ID: A11576545

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 3988

    • Subdivision Name: IDLEWILD PARK

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
33135
154
median $1.2M
Active
Same city
Miami
12,366
median $640K
Active
Same type
Multi-family
539
median $975K
Active
Similar price
$979K – $1.8M
1,720
median $1.3M
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: Navigate Real Estate, LLC.