Interior
- Bathrooms
- 0
Active · MultiFamily
$4,200,000
1701 SW 3rd St, Miami, FL 33135
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1968
- Lot size
- 18,366 sq ft
- HOA fee
- —
- Annual tax
- —
About this property
This 14-unit made up of 13 2/1's and one 1bedroom apartment building sits in a dynamic and rapidly evolving area of Miami. Positioned in a zone with mixed-use potential—residential, multifamily, and commercial—the property offers excellent flexibility for investors and developers alike. Just minutes from the Miami River, Downtown, Brickell, Calle 8, the Medical Health District, Miami International Airport, Coral Gables, and Coconut Grove, this prime location is at the heart of Miami’s most vibrant and connected neighborhoods. There is a 29,250sqft lot available to the North of this property. Please do not disturb tenants.
Property location
Get Directions1701 SW 3rd St, Miami, FL 33135
Loading property location…
Facts & features
Exterior & Structure
- Property type
- MultiFamily
- Year built
- 1968
- Lot size
- 18,366 sq ft
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Miami-Dade
- MLS listing ID
- A11841804
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$8,220
- Cap rate
- 3.3%
- Net yield
- 3.3%
- Cash-on-cash return
- -8.4%
- Gross yield
- 6.6%
- Mortgage payment
- $19,910/mo
- Down payment
- $1,050,000
- Loan amount
- $3,150,000
- Annual NOI
- $140,280
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.