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Listed price in listed location currency (USD).
$1,495,000

006

MLS® A11959419

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 3380 sqft
Garage No
Taxes $13,795
Days Active 0
Lot Size 
Approx. Age 1975
Avg. Price Per Sqft $442
MLS® Number A11959419

Property Address: 329 Sw 9th Ave, Miami, FL, 33130-2251

Average square foot calculated using Size range provided by listing agent.

Description

Alerio Group is proud to exclusively present 870 SW 3rd Street, a boutique 4-unit multifamily property located in the heart of Little Havana. This meticulously maintained asset features four 2-bedroom, 1-bath units, currently rented at $2, 250 x 3 and 1x @ $2225, delivering high in-place income at a 5.5% CAP rate with upside potential. The property has undergone extensive upgrades both inside and out. All of the unit interiors have been fully remodeled and include impact windows, a new roof, central air conditioning in all units, six on-site parking spaces, new asphalt paving, a new fence including dumpster enclosure, and new railings. All work was done with permits. Additional income is generated through on-site coin-operated laundry (1 new washer / 1 dryer). Designed for ease of ownership, this low-maintenance building is simple to manage and offers the ability to further increase rents. All tenants are secured with annual leases except one Section 8 tenant with an MTM lease. Located in one of the strongest rental markets in the country, this Little Havana multifamily asset offers durable cash flow, inflation resistance, and long-term appreciation potential. This offering will not last.
MLS® NumberA11959419
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1975
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$1,495,000List Price
  • Commute

Commute

Starting Address
Destination Address
329 Sw 9 Th Ave, Miami, FL

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