1808 SW 3rd St Miami FL 33135 MLS #A11576545

1808 SW 3rd St
Miami, FL, 33135
$1,399,999
Beds
0 Baths
3,988 SqFt
0 Acres
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Investors- Navigate to this cash flowing property in a historic area. The prime location is close to Calle Ocho and Brickell which has alot of new multi family development. The building is zoned mixed use and features 6×1/1 apartments and 1 convenience store. Gated access to top floor which features 4×1/1 apartments. 1 apartment in the front of the building and 1×1/1 at the rear. The store has a separate storage building with electric and privacy fence from the building common yard area. 40 year recertification is approved and recorded. No code violations and all units have separate meters. 1 water meter. 5×1/1 paying $1300 and 1×1/1 paying $1200. Convenience store paying $3000 and in process of negotiating higher. All units have leases. 7%+ cap rate. No seller financing. Contract to view.

Property Details

Price:
$1,399,999
MLS #:
A11576545
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
1808 SW 3rd St
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
IDLEWILD PARK
City:
Miami
Listed Date:
Apr 26, 2024
State:
FL
Finished Sq Ft:
3,988
ZIP:
33135
Year Built:
1930
Units:
7
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Tile
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Exterior

Architectural Style
Detached
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Financial

Buyer Agent Compensation
2.5%%
Net Operating Income
$102,455
Tax Year
2023
Taxes
$8,059

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