1701 SW 3rd St - Apartments FOR SALE


Miami, FL 33135- Little Havana
$4,350,000 USD
786-443-9649
1701 SW 3rd St, Miami, FL for Sale
$4,350,000 USD
Apartments - FOR SALE
1/2
null | 5.24% Cap Rate

1701 SW 3rd St
Miami, FL 33135
Little Havana


HIGHLIGHTS

  • Fourteen-unit building with a strong rent roll, located in the heart of Miami.
  • Zoned for mixed-use, offering redevelopment potential for multifamily and commercial uses.
  • Immediate proximity to major employment and cultural hubs, including Brickell and Downtown.
  • Quick access to Miami International Airport and major transportation corridors.
  • Optional adjacent lot available for future expansion opportunities.

OVERVIEW

This 14-unit multi-family property offers a compelling investment opportunity in one of Miami’s most dynamic and connected neighborhoods. Featuring thirteen two-bedroom/one-bath units and one single-bedroom unit, the building captures consistent rental demand in a prime urban setting. Located in a mixed-use zone, the property holds potential for residential, multi-family, and commercial development, positioning it as a versatile asset for both investors seeking immediate returns and developers eyeing future repositioning possibilities. Its central location places it within minutes of the Miami River, Downtown Miami, Brickell, Calle Ocho, the Medical District, Miami International Airport, Coral Gables, and Coconut Grove. This connectivity ensures enduring tenant appeal and long-term property performance. A 29,250 sq. ft. lot is also available directly north of the property, adding expansion potential for investors seeking scalable opportunities. Please note that tenant arrangements are in place—do not disturb occupants.

FOR SALE DETAILS

PRICE

$4,350,000 USD

PRICE/SF

$337 USD /SF

# OF UNITS

13

PRICE/UNIT

$334,615

CAP RATE

5.24%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,544 SF

ZONING

SD-14

APN/PARCEL ID

01-4103-014-1360

ASK ABOUT THIS PROPERTY

Kenny RaymondBerkshire Hathaway Homeservices EWM RealtyMore Info
786-443-9649

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Kenny RaymondBerkshire Hathaway Homeservices EWM RealtyMore Info
786-443-9649

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.