Property 871 SW 3rd Street, Miami, FL 33130 for sale with MLS# A12099896

871 SW 3rd Street is a 100% occupied, 24-unit multifamily investment in East Little Havana. All 24 one-bedroom, one-bath apartments are leased at an average in-place rent of $1,685 per month: income from day one, no lease-up, no downtime. The existing financing is assumable at a rate below 6% with about four years remaining, so a buyer steps into in-place debt. The 40-year recertification is complete. East Little Havana is one of Miami's most vibrant, culturally rich neighborhoods, set between the Little Havana core and Brickell, minutes from Downtown Miami and the Miami River. Steady demand for well-located workforce housing keeps occupancy high. Asking Price: $5,400,000 ($225,000 per unit). 5.92% cap rate on reassessed NOI.

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871 SW 3rd Street, Miami, FL 33130

Price
Price:
$5,400,000.00
Original List Price:
$5,400,000.00
List Price per Sq Ft (Calculated, Approx.):
$461.53
Property Status and Type
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:
October 2, 2026 4:00 am
Measures
Built-Up Area:
11,700 Sqft
Lot Area:
5,000 Sqft
Lot Size Acres:
0.11
Construction
Year Built:
1925
Flood Zone Code:
AE
Community
Senior Community:
No
Zoning and Legal
Tax Legal Description:
BRICKELL RIVERVIEW PB 5-43 S100FT LOT 12 BLK 29 LOT SIZE 5000 SQUARE FEET OR 18770-1817 0999 2 (10) OR 23151-2804 02 2005 2(2)
Real Estate Folio Number (Parcel Number):
0141380034200
Zoning:
3900
Listing History
Active on the market since:
October 2, 2026
Listing Agreement executed on:
October 2, 2026
Listing Status Last Changed On:
October 2, 2026 4:00 am
Photos updated on:
October 2, 2026 9:16 pm
Last Modified:
October 3, 2026 5:02 am
Additional Information
Courtesy of:
APEX Capital Realty LLC
Attribution:
Not provided
Location
Street Name:
3rd
Street Number:
871
City:
Miami
State:
Florida
Zip Code:
33130
County:
Miami-Dade
Latitude:
N25° 46' 15.5''
Longitude:
W81° 47' 27.6''
Street Suffix:
Street
Street Direction Prefix:
SW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $57,933
Median Home Value $479,800
Median Rent $1,656/mo
Median Age 37
Population 32,363
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Association of REALTORS®
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