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$2,400,000
24 Days On Site

964 SW 3rd St
Miami, FL 33130

For Sale|Multi Family|Active
0
Beds
0
Total Baths
15,000
SqFt
$160
/SqFt
1925
Built
County:
Miami-Dade

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754-217-1402
964 SW 3rd St
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956-964 SW 3rd Street offers developers and investors the opportunity to acquire an eight-unit multifamily asset on a 15,000-square-foot assemblage in Miami's urban core, at an asking price of $2,400,000 and an in-place cap rate of 4.87%. The offering combines current income from the existing improvements with the underlying land value of a 0.344-acre T4-R site. For an investor, the property presents in-place net operating income of $116,901.06 on annual gross income of $163,707.00 across eight apartments, with electric service individually metered and paid directly by tenants — a structural feature relevant to evaluating the asset's ongoing expense profile. For a developer, the T4-R zoning designation and 15,000-square-foot land area, spanning two folios, may support future redevelopment, renovation, or repositioning of the site, subject to independent verification of zoning, density, and permitted uses with the applicable governing authorities.

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Listing Snapshot
Price 
$2,400,000
Days On Site 
24 Days
Bedrooms 
N/A
Inside Area (SqFt) 
15,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1925
MLS® Number 
A12093630
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing first seen on site
4 weeks agoListing updated with changes from the MLS®
General Features
Property Sub Type 
Multi Family
SqFt Total 
15000
Zoning 
3900
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Community Features
MLS Area 
41
Listing courtesy of Floridian First Realty Corp

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Neighborhood & Commute
Source: Walkscore
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