Property 1027 SW 3rd Street, Miami, FL 33130 for sale with MLS# A12088855
1027 SW 3rd Street is a fully renovated and stabilized 10-unit apartment building in the heart of Little Havana, just minutes from Brickell, Downtown Miami, the Miami River and Calle Ocho. The property consists of ten 1-bedroom/1-bath units with vinyl flooring, mini-split A/C systems, stainless-steel appliances and hurricane-impact windows. This is a true turnkey Miami multifamily opportunity with strong in-place cash flow and additional upside through rents. Offered at $2,095,000, the property is being sold at a 5.91% current cap rate with a 6.71% pro forma cap rate at $1,775 per unit. At only $209,500 per unit, this is a rare opportunity to own a renovated 10-unit building in one of Miami's most centrally located and high-demand rental markets.
1027 SW 3rd Street, Miami, FL 33130
- Price:
- $2,095,000.00
- Original List Price:
- $2,095,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $414.19
- Gross Scheduled Income:
- 194820
- Tenant Pays:
- Electricity, Interior Electric
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- September 14, 2026 4:00 am
- Built-Up Area:
- 5,058 Sqft
- Lot Area:
- 7,500 Sqft
- Lot Size Acres:
- 0.17
- Air Conditioning
- Air Conditioning System:
- Central Individual
- Heating
- Heating System:
- Electric
- Year Built:
- 1960
- Number of Buildings:
- 1
- Number of Units Total:
- 1
- Construction Materials:
- Block
- Flooring:
- Laminate
- Number of stories:
- 2
- Flood Zone Code:
- AE
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Tax Legal Description:
- 2 54 41 PB 2-46 LAWRENCE ESTATE LAND CO SUB LOT 15 BLK 20 LOT SIZE 7500 SQUARE FEET OR 17617-4151 0497 4
- Real Estate Folio Number (Parcel Number):
- 0141020053670
- Zoning:
- 3900
- Active on the market since:
- September 14, 2026
- Listing Agreement executed on:
- September 14, 2026
- Listing Status Last Changed On:
- September 14, 2026 4:00 am
- Photos updated on:
- September 15, 2026 2:03 am
- Last Modified:
- October 31, 2026 12:06 am
- Courtesy of:
- Metropolitan Property Group Florida
- Attribution:
- Not provided
- Street Name:
- 3rd
- Street Number:
- 1027
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33130
- County:
- Miami-Dade
- Latitude:
- N25° 46' 15.4''
- Longitude:
- W81° 47' 16.9''
- Street Suffix:
- Street
- Street Direction Prefix:
- SW
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Ver la propiedad 1027 SW 3rd Street, Miami, FL 33130
