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MLS #A12088855 image #0
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.
Current real estate data for Commercial in Miami as of Nov 04, 2026
453
Commercial Listed
206
Avg DOM
$3,559,658
Avg List Price
Listing Provided Courtesy of Metropolitan Property Group Florida at 954-372-1043

Property Details

Price:
$2,095,000
MLS #:
A12088855
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Subdivision:
Miami
Neighborhood:
2410
Listed Date:
Sep 14, 2026
Total Sq Ft:
5,058
Lot Size:
326,700,000 sqft / 0.17 acres (approx)
Year Built:
1960
Miami

Schools

Interior

Cooling
Central Individual
Flooring
Laminate
Heating
Electric

Exterior

Construction Materials
Block

Financial

Net Operating Income
$130,158

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Property Summary

    1027 SW 3rd Street Miami FL is a Commercial for sale in Miami, FL, 33130. It is listed for $2,095,000 To schedule a showing of MLS#a12088855 at 1027 SW 3rd Street in Miami, FL, contact your Trust House Realty agent at 9543362003.

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