2036 3rd St ,Residential-multi-family for Sale & Rent

2036 3rd St for Sale & Rent

Price $1,100,000.00

• Lot size 5948
• Year Build 1925
• Waterfront
• Zip 33125
• Style
• Parking Description
• Pool Yes
• Status Active

Description

Prime 8 Unit Multifamily Investment Opportunity in the Heart of Miami! Discover this income producing property ideally located near Little Havana, Downtown Miami, Brickell and major expressways. This two story building features eight spacious 1 bedroom, 1 bathroom apartments with separate electric meters and 5,948 sq. ft. of building area. All units feature similar layouts and the property has been maintained with updates and repairs as needed. Highlights include a roof replaced in 2023 and City of Miami approved structural and electrical recertification reviews in 2025. Currently generating $115,200 in annual rental income, with approximately $72,200 in adjusted annual net operating income (NOI) based on estimated recurring expenses of $43,000. Excellent rental upside potential, with projected gross income of $144,000 annually if all eight units rent for $1,500 per month, subject to market conditions and existing month to month leases. This property offers investors immediate income, strong rental growth potential and a prime central Miami location. Don't miss this opportunity to own eight income producing units under one roof!

3 54 41 NORRIS PARK PB 4-126 LOT 16 BLK 1 LOT SIZE 5250 SQUARE FEET COC 22947-3819 12 2004 5

Prime 8 Unit Multifamily Investment Opportunity in the Heart of Miami! Discover this income producing property ideally located near Little Havana, Downtown Miami, Brickell and major expressways. This two story building features eight spacious 1 bedroom, 1 bathroom apartments with separate electric meters and 5,948 sq. ft. of building area. All units feature similar layouts and the property has been maintained with updates and repairs as needed. Highlights include a roof replaced in 2023 and City of Miami approved structural and electrical recertification reviews in 2025. Currently generating $115,200 in annual rental income, with approximately $72,200 in adjusted annual net operating income (NOI) based on estimated recurring expenses of $43,000. Excellent rental upside potential, with projected gross income of $144,000 annually if all eight units rent for $1,500 per month, subject to market conditions and existing month to month leases. This property offers investors immediate income, strong rental growth potential and a prime central Miami location. Don't miss this opportunity to own eight income producing units under one roof!

City:Miami,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:2,Tax Year:2025,Latitude:25.7759864,Cooling Y N:1,Heating Y N:1,List Price:1100000,Listing Id:A12117926,Longitude:-80.2286619,Mls Status:Active,Year Built:1925,Inclusions:Building & Land,Postal Code:33125,Street Name:3rd St,Coordinates:1:25.7759864,Photos Count:11,Listing Terms:1:Conventional/Refinance,Lot Size Acres:0.1205,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2026-11-04,Parcel Number:01-41-03-010-0130,Property Type:Commercial Sale,Stories Total:2,Street Number:2036,Public Remarks:Prime 8 Unit Multifamily Investment Opportunity in the Heart of Miami! Discover this income producing property ideally located near Little Havana, Downtown Miami, Brickell and major expressways. This two story building features eight spacious 1 bedroom, 1 bathroom apartments with separate electric meters and 5,948 sq. ft. of building area. All units feature similar layouts and the property has been maintained with updates and repairs as needed. Highlights include a roof replaced in 2023 and City of Miami approved structural and electrical recertification reviews in 2025. Currently generating $115,200 in annual rental income, with approximately $72,200 in adjusted annual net operating income (NOI) based on estimated recurring expenses of $43,000. Excellent rental upside potential, with projected gross income of $144,000 annually if all eight units rent for $1,500 per month, subject to market conditions and existing month to month leases. This property offers investors immediate income, strong rental growth potential and a prime central Miami location. Don't miss this opportunity to own eight income producing units under one roof!,County Or Parish:Miami-Dade County,Expiration Date:2027-04-30,List Office Name:Coldwell Banker Realty,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:5380,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:NW,Tax Annual Amount:11340,Unparsed Address:2036 NW 3rd St, Miami FL 33125,Listing Agreement:Exclusive Agency,M I A M I R E_ Blogging:1,Security Features:1:Fire Sprinkler System,2:Security Fence,Year Built Details:Resale,Building Area Total:5948,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:5120,M I A M I R E_ Flood Zone:X,M I A M I R E_ Num Floors:2,M I A M I R E_ Num Meters:8,Number Of Buildings:1,Original List Price:1100000,Public Survey Range:41,Documents Available:1:Other Available Information,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,M I A M I R E_ Num Tenants:8,M I A M I R E_ Num Toilets:8,Syndication Remarks:Prime 8 Unit Multifamily Investment Opportunity in the Heart of Miami! Discover this income producing property ideally located near Little Havana, Downtown Miami, Brickell and major expressways. This two story building features eight spacious 1 bedroom, 1 bathroom apartments with separate electric meters and 5,948 sq. ft. of building area. All units feature similar layouts and the property has been maintained with updates and repairs as needed. Highlights include a roof replaced in 2023 and City of Miami approved structural and electrical recertification reviews in 2025. Currently generating $115,200 in annual rental income, with approximately $72,200 in adjusted annual net operating income (NOI) based on estimated recurring expenses of $43,000. Excellent rental upside potential, with projected gross income of $144,000 annually if all eight units rent for $1,500 per month, subject to market conditions and existing month to month leases. This property offers investors immediate income, strong rental growth potential and a prime central Miami location. Don't miss this opportunity to own eight income producing units under one roof!,Listing Contract Date:2026-11-04,Originating System I D:miamire,Public Survey Section:3,Showing Instructions:Call Listing Agent,Street Number Numeric:2036,Tax Legal Description:3 54 41 NORRIS PARK PB 4-126 LOT 16 BLK 1 LOT SIZE 5250 SQUARE FEET COC 22947-3819 12 2004 5,M I A M I R E_ A C Percentage:8,M I A M I R E_ Current Price:1100000,Public Survey Township:41,Construction Materials:1:Plaster,M I A M I R E_ Municipal Code:1,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks:Prime 8 unit multifamily investment in Miami with potential to reach $144,000 and structural and electrical recertifications approved in 2025!,M I A M I R E_ Parcel Number M L X:0130,M I A M I R E_ Showing Time Flag:1,M I A M I R E_ Street View Param:1$25.775999$-80.228668$183.50$13.33$1.00$qm4g4JnP4CK3KO_64JJx6w,M I A M I R E_ Supplement Count:5,Contract Status Change Date:2026-11-04,Internet Address Display Y N:1,Number Of Units In Community:8,Internet Consumer Comment 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:10,M I A M I R E_ Agent Alternate Phone:786-502-0010,M I A M I R E_ Property Description:8 unit residential multifamily,M I A M I R E_ Active Open House Count:1,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:2036 NW 3rd St,Internet Automated Valuation Display Y N:1,