$1,100,000
Miami, FL 33125
MLS# A12117926
5948 sqft
1 / 11
Open House (11/09/2026 - 12:00 pm - 2:00 pm)
Property 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!
Details
Maps
Documents
Contract Information
Comp Sale YN: No
Listing Date: 2026-11-04
Status: Active
Original List Price: 1100000
List Price: $1,100,000
Current Price: $1,100,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Code: 33125
Subdivision Number: 10
Flood Zone: X
Property Description: 8 unit residential multifamily
Country: United States
Street Number: 2036
Street Direction Prefix: NW
Street Name: 3rd
Street Suffix: Street
State Or Province: FL
Postal Code +4: 5380
Area: 2410
Parcel Number: 0141030100130
Zoning: 5700
General Property Information
Number Of Buildings: 1
Price Per Unit: 137500
Occupant Type: Tenant
Lot Size Area: 5120
Stories Total: 2
Property Sub Type: Multi Family
Building Area Main: 5948
Year Built: 1925
Lot Size Acres: 0.12
Office/Member Information
DXORIGMLSID: SEF
Flooring
Laminate: 1
Tile: 1
Property Condition
Resale: 1
Documents Available
Investment Analysis: 1
Other Available Information: 1
Meter Information
Number Of Meters Total: 8
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Building and Property Details
# Of Tenants: 8
# Of Toilets: 8
% Air Conditioned: 8
Ceiling
Ceiling Height Varies: 1
Plastered: 1
Heating
Window/Wall: 1
Sale Includes
Building: 1
Land: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Roof
Concrete: 1
Security Features
Fire Sprinkler System: 1
Security Fence: 1
Smoke Detector(s): 1
Water Source
Public: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Call Listing Agent: 1
Price Calculations
Current Price To SqFt: 184.93
Section Details
Parcel Number MLX: 0130
Financial Information
Tax Annual Amount: 11340
Tax Year: 2025
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
Status Change Information
Major Change Timestamp: 2026-11-04T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-04
Originating Details
Originating System Key: 569789235
Originating System ID: M00000151
Property Features
Ceiling: Ceiling Height Varies; Plastered
Documents Available: Investment Analysis; Other Available Information
Flooring: Laminate; Tile
Heating: Window/Wall
Possession: Negotiable
Property Condition: Resale
Sale Includes: Building; Land
Construction Materials: CBS
Cooling: Wall/Window Unit(s)
Listing Terms: Cash; Conventional; Other
Roof: Concrete
Security Features: Fire Sprinkler System; Security Fence; Smoke Detector(s)
Sewer: Public Sewer
Water Source: Public
Showing Requirements: Call Listing Agent
Structural 
Listing Office: Coldwell Banker Realty
Last Updated: November - 04 - 2026
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