Property 2036 NW 3rd Street, Miami, FL 33125 for sale with MLS# A12117926

Prime 8 Unit Multifamily Investment Opportunity in the Heart of Miami! Discover this income producing property ideally located near Little Havana, Downtown Miami, Brickell and major expressways. This two story building features eight spacious 1 bedroom, 1 bathroom apartments with separate electric meters and 5,948 sq. ft. of building area. All units feature similar layouts and the property has been maintained with updates and repairs as needed. Highlights include a roof replaced in 2023 and City of Miami approved structural and electrical recertification reviews in 2025. Currently generating $115,200 in annual rental income, with approximately $72,200 in adjusted annual net operating income (NOI) based on estimated recurring expenses of $43,000. Excellent rental upside potential, with projected gross income of $144,000 annually if all eight units rent for $1,500 per month, subject to market conditions and existing month to month leases. This property offers investors immediate income, strong rental growth potential and a prime central Miami location. Don't miss this opportunity to own eight income producing units under one roof!

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2036 NW 3rd Street, Miami, FL 33125

Price
Price:
$1,100,000.00
Original List Price:
$1,100,000.00
List Price per Sq Ft (Calculated, Approx.):
$184.93
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:
November 4, 2026 5:00 am
Measures
Built-Up Area:
5,948 Sqft
Lot Area:
5,120 Sqft
Lot Size Acres:
0.1205
Property Features
Security:
Smoke Detector(s), Fire Sprinkler System, Security Fence
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Window/wall
Construction
Year Built:
1925
Roof:
Concrete
Number of Buildings:
1
Construction Materials:
CBS
Flooring:
Tile, Laminate
Number of stories:
2
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$11,340.00
Tax Year:
2025
Parking
Parking Total Spaces:
0
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Other Available Information, Investment Analysis
Listing Terms Considered by Seller:
Cash, Conventional, Other
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
3 54 41 NORRIS PARK PB 4-126 LOT 16 BLK 1 LOT SIZE 5250 SQUARE FEET COC 22947-3819 12 2004 5
Real Estate Folio Number (Parcel Number):
0141030100130
Zoning:
5700
Listing History
Active on the market since:
November 3, 2026
Listing Agreement executed on:
November 4, 2026
Listing Status Last Changed On:
November 4, 2026 5:00 am
Photos updated on:
November 4, 2026 2:51 pm
Last Modified:
November 5, 2026 5:35 pm
Additional Information
Courtesy of:
Coldwell Banker Realty
Attribution:
Not provided
Location
Street Name:
3rd
Street Number:
2036
City:
Miami
State:
Florida
Zip Code:
33125
County:
Miami-Dade
Latitude:
N25° 46' 33.6''
Longitude:
W81° 46' 16.8''
Street Suffix:
Street
Street Direction Prefix:
NW
Property Map

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Neighborhood Stats

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

Median Household Income $40,940
Median Home Value $377,600
Median Rent $1,427/mo
Median Age 43
Population 55,449
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Association of REALTORS®
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