Property Description

Alerio Group is proud to exclusively present 870 SW 3rd Street, a boutique 4-unit multifamily property located in the heart of Little Havana.

This meticulously maintained asset features four 2-bedroom, 1-bath units, currently rented at $2,250 x 3 and 1x @ $2225, delivering high in-place income at a 5.5% CAP rate with upside potential. The property has undergone extensive upgrades both inside and out. All of the unit interiors have been fully remodeled and include impact windows, a new roof, central air conditioning in all units, six on-site parking spaces, new asphalt paving, a new fence including dumpster enclosure, and new railings. All work was done with permits. Additional income is generated through on-site coin-operated laundry (1 new washer / 1 dryer).

Designed for ease of ownership, this low-maintenance building is simple to manage and offers the ability to further increase rents. All tenants are secured with annual leases except one MTM lease.
Located in one of the strongest rental markets in the country, this Little Havana multifamily asset offers durable cash flow, inflation resistance, and long-term appreciation potential. This offering will not last.

Features
Swimming Pool
Heating System
Cooling System
Parking
Architectural Style
Community Features:
Laundry Facilities
Roof:
Shingle
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33130
Street:
329 Sw 9th Ave, Miami, Florida 33130
Longitude:
W81° 48' 23''
Latitude:
N25° 46' 27''
MLS Addon
Building Area:
3,380 Sqft
Construction Materials:
Block
Cumulative DOM:
15
DOM:
15
Directions:
Please use GPS navigation
Exterior Features
Flooring:
Vinyl, Laminate
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional, FHA
Lot Features
Parcel Number:
01-41-38-003-3960
Subdivision Name:
BRICKELL RIVERVIEW
Tax Annual Amount:
$13,795
Tax Year:
2025
Utilities
Virtual Tour:
Click Here
Window Features:
Impact Glass

Residential Income For Sale

329 Sw 9th Ave, Miami, Florida 33130, Miami, Florida 33130

3,380 Sqft
$1,495,000
MLS # #A11959419
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$1,495,000
Square Footage :
3,380 Sqft
Year Built :
1975
MLS # :
A11959419
Property Sub Type :
Quadruplex
Agent info
Contact Agent