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$2,095,000Active

1027 SW 3rd Street, Miami, FL 33130

Miami, FL 33130
0
Sq Ft
1960
Year Built
0.17 acres
Lot Size

Listing Snapshot

List Price$2,095,000
Beds0
Baths0
Living Area0 sqft
Lot Size0.17 acres
Year Built1960
MLS #1190742524
StatusActive

About This Home

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.

General Features

Property Type
CommercialSale
Sub-type
MultiFamily
Stories
2
Zoning
3900

Interior Features

Flooring
Laminate
Heating
Electric
Cooling
CentralAir

Exterior Features

Construction
Block

Community Features

MLS Area
2410

Map

Virtual Tour

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Listed by Francisco Brito · Metropolitan Property Group Florida
MLS# 1190742524 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.

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Estimate Your Payment

$

20% down · Loan: $1,676,000

%
Est. Monthly$11,433

Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.

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