Property Description

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!

Features
Heating System
Cooling System
Roof
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33125
Street:
2036 Nw 3rd St, Miami, Florida 33125
Longitude:
W81° 46' 16.8''
Latitude:
N25° 46' 33.6''
MLS Addon
Building Area:
5,948 Sqft
Construction Materials
Cumulative DOM:
1
DOM:
1
Flooring
Internet Address Display:
1
Internet Listing Display:
1
Parcel Number:
01-41-03-010-0130
Structure Type:
Multi Family
Tax Annual Amount:
$11,340
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Commercial Sale For Sale

2036 Nw 3rd St, Miami, Florida 33125, Miami, Florida 33125

5,120 Sqft
$1,100,000
MLS # #A12117926
Basic Details
Property Type :
Commercial Sale
Listing Type :
For Sale
Price :
$1,100,000
Year Built :
1925
Lot Area :
5,120 Sqft
MLS # :
A12117926
Agent info
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