329 9th Ave ,Quadruplex, Brickell Riverview for Sale

329 9th Ave for Sale

Price $1,495,000.00

• Lot size 3380
• Year Build 1975
• Waterfront
• Zip 33130
• Style
• Parking Description
• Pool Yes
• Status Active

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 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.

38 54 41 BRICKELL RIVERVIEW PB 5-43 N50FT LOTS 11 - 12 BLK 28 LOT SIZE 5000 SQUARE FEET OR 16319-0596 0393 4

Less Than 1/4 Acre Lot

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 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.

City:Miami,Zoning:3900,Cooling:1:Electric,Heating:1:Electric,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Latitude:25.7702183,Cooling Y N:1,Heating Y N:1,List Price:1495000,Listing Id:A11959419,Longitude:-80.2090288,Mls Status:Active,Year Built:1975,Directions:Please use GPS navigation,Living Area:3380,Postal Code:33130,Street Name:9th Ave,Coordinates:1:25.7702183,Photos Count:98,Building Name:BRICKELL RIVERVIEW,Days On Market:15,Listing Terms:1:Conventional,2:FHA,Lot Size Units:Square Feet,M I A M I R E_ Area:41,M L S Area Major:Brickell Riverview,On Market Date:2026-02-05,Parcel Number:01-41-38-003-3960,Parking Total:6,Property Type:Residential Income,Rent Includes:1:Gardener,2:Pest Control,3:Sewer,4:Trash Collection,5:Water,Stories Total:2,Street Number:329,M I A M I R E_ Style:Fourplex,Structure Type:1:Fourplex,County Or Parish:Miami-Dade County,Expiration Date:2026-12-31,List Office Name:Pellego, LLC,Standard Status:Active,Window Features:1:Complete Impact Glass,2:High Impact Windows,3:Impact Glass,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2251,Property Sub Type:Quadruplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:BRICKELL RIVERVIEW,Tax Annual Amount:13795,Total Actual Rent:107700,Unparsed Address:329 SW 9th Ave, Miami FL 33130,Listing Agreement:Exclusive Right To Sell,Operating Expense:26857,Year Built Details:Effective Year Built,Building Area Total:3380,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AE,M I A M I R E_ L P Amt Sq Ft:442.3077,Original List Price:1495000,Public Survey Range:41,Documents Available:1:Deposit - Security,2:Copy Of Lease(S),3:Rent Rolls,4:Existing Survey,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Net Operating Income:820244,Number Of Units Total:4,Listing Contract Date:2026-02-05,Originating System I D:miamire,Public Survey Section:38,Showing Instructions:Appointment Only,Call Listing Agent,See Broker Remarks,Street Number Numeric:329,Tax Legal Description:38 54 41 BRICKELL RIVERVIEW PB 5-43 N50FT LOTS 11 - 12 BLK 28 LOT SIZE 5000 SQUARE FEET OR 16319-0596 0393 4,M I A M I R E_ Current Price:1495000,Public Survey Township:41,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Adjusted Area S F:2605,M I A M I R E_ Exp Incl Trash Y N:1,M I A M I R E_ Geographic Area:Other Geographic Area (Out Of Area Only),M I A M I R E_ Internet Remarks:Boutique 4-unit Little Havana multifamily. Four remodeled 2/1 units at $2,250, 5% CAP, new roof, impact windows, parking, low-maintenance.,M I A M I R E_ Parcel Number M L X:3960,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$25.770215$-80.20904$353.93$13.33$1.00$CAoSFkNJSE0wb2dLRUlDQWdJRHF6ZjZ5ZWc.,Contract Status Change Date:2026-02-05,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:4,M I A M I R E_ Exp Incl Electric Y N:1,M I A M I R E_ Ok To Advertise List:With Written Broker Approval,M I A M I R E_ Subdivision Number:3,M I A M I R E_ Exp Incl Insurance Y N:1,M I A M I R E_ Agent Alternate Phone:786-351-1614,M I A M I R E_ Exp Incl Water Sewer Y N:1,M I A M I R E_ Exp Incl Property Tax Y N:1,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:329 SW 9th Ave,M I A M I R E_ Exp Incl Replace Reserve Y N:1,M I A M I R E_ Exp Incl Lawn Maintenance Y N:1,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:442.31,