931 3rd St , для продажи & аренды

931 3rd St для продажи & аренды

Цена $18,500,000.00

• Размер территории 94134
• Год постройки 1947
• Вид на воду
• Zip 33130
• Стиль
• Парковка
• Бассейн Yes
• Статус Active

Описание

Rare Urban Garden Apartment Community in the Heart of East Little Havana. Spanning 2.16 acres across two contiguous parcels totaling 79 units and 58,260 SF of building area, this community offers operational scale, enduring land value, & a residential character difficult to replicate in Miami's urban core. Presenting a rare opportunity to acquire a 79-unit garden apartment community spanning 2.16 acres — an increasingly scarce combination of scale, land, & low-density residential character within Miami's urban core. Originally developed in 1947, the property consists of multiple residential structures in a garden- style setting distinguished by expansive open areas, mature landscaping, and generous green space. The property features a diversified unit mix of 29 two-bedroom residences, 46 one-bedroom residences, and 4 studio apartments, providing broad tenant appeal and durable leasing flexibility. The site's configuration and significant land component create a setting that is increasingly difficult to replicate under today's development conditions. With current in-place gross income of $1,336,754 and pro forma gross income of $1,990,800, the portfolio presents a compelling value- add opportunity with clear rent upside — units currently average below market, offering an investor a 5.93% pro forma cap rate. Residents benefit from convenient access to employment centers while remaining immersed in the culture, dining, and everyday conveniences that define Little Havana.

RIVERVIEW PB 5-43 LOT 3 & E31FT OF LOT 4 & ALL LOTS 12 THRU 20 BLK L OR 19521-3874 0201 2 (2)

Rare Urban Garden Apartment Community in the Heart of East Little Havana. Spanning 2.16 acres across two contiguous parcels totaling 79 units and 58,260 SF of building area, this community offers operational scale, enduring land value, & a residential character difficult to replicate in Miami's urban core. Presenting a rare opportunity to acquire a 79-unit garden apartment community spanning 2.16 acres — an increasingly scarce combination of scale, land, & low-density residential character within Miami's urban core. Originally developed in 1947, the property consists of multiple residential structures in a garden- style setting distinguished by expansive open areas, mature landscaping, and generous green space. The property features a diversified unit mix of 29 two-bedroom residences, 46 one-bedroom residences, and 4 studio apartments, providing broad tenant appeal and durable leasing flexibility. The site's configuration and significant land component create a setting that is increasingly difficult to replicate under today's development conditions. With current in-place gross income of $1,336,754 and pro forma gross income of $1,990,800, the portfolio presents a compelling value- add opportunity with clear rent upside — units currently average below market, offering an investor a 5.93% pro forma cap rate. Residents benefit from convenient access to employment centers while remaining immersed in the culture, dining, and everyday conveniences that define Little Havana.

City:Miami,Zoning:T4-R,List A O R:A-Miami Association of REALTORS,Latitude:25.7711272,List Price:18500000,Listing Id:A12044485,Longitude:-80.2101236,Mls Status:Active,Year Built:1947,Postal Code:33130,Street Name:3rd St,Coordinates:1:25.7711272,Photos Count:98,Business Type:1:Commercial/Residential Income,Days On Market:11,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2026-06-17,Parcel Number:01-41-38-003-1340,Property Type:Commercial Sale,Street Number:931,Public Remarks:Rare Urban Garden Apartment Community in the Heart of East Little Havana. Spanning 2.16 acres across two contiguous parcels totaling 79 units and 58,260 SF of building area, this community offers operational scale, enduring land value, & a residential character difficult to replicate in Miami's urban core. Presenting a rare opportunity to acquire a 79-unit garden apartment community spanning 2.16 acres — an increasingly scarce combination of scale, land, & low-density residential character within Miami's urban core. Originally developed in 1947, the property consists of multiple residential structures in a garden- style setting distinguished by expansive open areas, mature landscaping, and generous green space. The property features a diversified unit mix of 29 two-bedroom residences, 46 one-bedroom residences, and 4 studio apartments, providing broad tenant appeal and durable leasing flexibility. The site's configuration and significant land component create a setting that is increasingly difficult to replicate under today's development conditions. With current in-place gross income of $1,336,754 and pro forma gross income of $1,990,800, the portfolio presents a compelling value- add opportunity with clear rent upside — units currently average below market, offering an investor a 5.93% pro forma cap rate. Residents benefit from convenient access to employment centers while remaining immersed in the culture, dining, and everyday conveniences that define Little Havana.,County Or Parish:Miami-Dade County,Expiration Date:2027-01-17,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:2231,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SW,Unparsed Address:931 SW 3rd St, Miami FL 33130,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Building Area Total:58260,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:94134,M I A M I R E_ Flood Zone:AE,Original List Price:18500000,Public Survey Range:41,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:Rare Urban Garden Apartment Community in the Heart of East Little Havana. Spanning 2.16 acres across two contiguous parcels totaling 79 units and 58,260 SF of building area, this community offers operational scale, enduring land value, & a residential character difficult to replicate in Miami's urban core. Presenting a rare opportunity to acquire a 79-unit garden apartment community spanning 2.16 acres — an increasingly scarce combination of scale, land, & low-density residential character within Miami's urban core. Originally developed in 1947, the property consists of multiple residential structures in a garden- style setting distinguished by expansive open areas, mature landscaping, and generous green space. The property features a diversified unit mix of 29 two-bedroom residences, 46 one-bedroom residences, and 4 studio apartments, providing broad tenant appeal and durable leasing flexibility. The site's configuration and significant land component create a setting that is increasingly difficult to replicate under today's development conditions. With current in-place gross income of $1,336,754 and pro forma gross income of $1,990,800, the portfolio presents a compelling value- add opportunity with clear rent upside — units currently average below market, offering an investor a 5.93% pro forma cap rate. Residents benefit from convenient access to employment centers while remaining immersed in the culture, dining, and everyday conveniences that define Little Havana.,Listing Contract Date:2026-06-17,Originating System I D:miamire,Public Survey Section:38,Street Number Numeric:931,Tax Legal Description:RIVERVIEW PB 5-43 LOT 3 & E31FT OF LOT 4 & ALL LOTS 12 THRU 20 BLK L OR 19521-3874 0201 2 (2),M I A M I R E_ Current Price:18500000,Public Survey Township:41,M I A M I R E_ Municipal Code:1,M I A M I R E_ Total Mortgage:7500000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks:Visit Fausto Commercial for more opportunities.,M I A M I R E_ Parcel Number M L X:1340,M I A M I R E_ Street View Param:1$25.771061$-80.210084$59.93$13.33$1.00$6gTrrukzBS0uro9pLD7xPA,Contract Status Change Date:2026-06-17,Internet Address Display Y N:1,Number Of Units In Community:79,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:3,M I A M I R E_ Agent Alternate Phone:305-340-8901,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:931 SW 3rd St,Internet Automated Valuation Display Y N:1,