Property Description

Rare 8-unit multifamily in prime Little Havana, directly across from Marlins Stadium. Renovated 1 bed/1 bath units with porcelain tile, updated wall A/Cs, and new roof. Rear lot offers parking for 10+ cars. Units rented below market with strong upside. 7,500 SF lot zoned T5-L allows for 11 units by right or up to 25 with Live Local incentives. In-place 6% cap rate with potential to reach 8% at asking. Ideal for investors seeking immediate cash flow with long-term redevelopment upside. Seller financing available up to 60% with reasonable terms.

Features
: 10
: Tile
: Additional Spaces Available
Address Map
FL
Miami-Dade County
Miami
33125
1631 NW 3rd St
0
W81° 46' 40''
N25° 46' 35''
MLS Addon
Campos Commercial Real Estate LLC
Francisco Campos
0
: Building & Land
3368417
CMPS01
: All Cash
1
: Sale
2
$21,617
6107

Commercial Sale For Sale

1631 NW 3rd St, Miami, Florida 33125

7,500 Sqft
$1,600,000
Listing ID #A11830222
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11830222
Price : $1,600,000
Year Built : 1925
Lot Area : 7,500 Sqft
Building Area : 3,840 Sqft
Status : Active
Property SubType : Income/multifamily
Agent info
Daniel Lombardi
Contact Agent
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