729 SW 3rd St - Apartments FOR SALE


Miami, FL 33130- Little Havana
$1,600,000 USD
305-532-7470
729 SW 3rd St, Miami, FL for Sale
$1,600,000 USD
Apartments - FOR SALE
1/20
null | 8.04% Cap Rate

729 SW 3rd St
Miami, FL 33130
Little Havana


OVERVIEW

East Little Havana remodeled legal 5 unit multifamily income producing property. Two units are 3 bedrooms 2 bathrooms, 2 units are 3 bedrooms 1 bathroom and the detached front house is 4 bedrooms 2 bathrooms. All units have central A/C with new kitchens, bathrooms and floors. 5 separate water and electric meters. Close proximity to the Roads and within 2 minutes of Brickell and Downtown. Central to key employment centers of Miami such as Coral Gables and Brickell Financial districts, the Health District, and Downtown. Easy connectivity to I-95, and walkability to the iconic Calle Ocho. Property is currently vacant. There are no violations or fines, but there is an open permit for changing the location of the exterior stairs, adding fire sprinklers and replacing some of the windows, which must be closed for by the Buyer. List price reflects the construction work that must be finalized. Must be purchased "as is", "where is" cash only.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$412 USD /SF

# OF UNITS

5

PRICE/UNIT

$320,000

CAP RATE

8.04%

% LEASED

0%

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,168 SF

ZONING

Multi-Family 2-9 Units

APN/PARCEL ID

01-0202-020-1190

ASK ABOUT THIS PROPERTY

Catalina TiradoHoward Chase Real Estate LLCMore Info
305-532-7470

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Catalina TiradoHoward Chase Real Estate LLCMore Info
305-532-7470

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