Sold

1227 SW 3rd St

Miami FL, 33135

$838,000


$221.58 per sqft

Sold

3,782 sqft

Multi-family

Built in 1923

GREAT INCOME AND VALORIZATION OPPORTUNITY IN LITTLE HAVANA. FIVE LEGAL UNITS IN A 7,500 SQF LOT: 4/2, 2/1, 2/1, 2/1 AND 1/1 . 3,782 SQF IN TOTAL. FULLY RENTED ON MONTH TO MONTH BASIS. GREAT TENANTS. SOME RENTS ARE BELOW MARKET VALUE. SEE ATTACHED GROSS INCOME.
FAST GROWTH POPULATION, CENTRAL LOCATION AND ZONNING MAKES IT THE PERFECT SHORT-TERM/VACATION RENTAL AND A PERFECT CASH MAKING MACHINE.
T5-O ZONNING OFFERS PLENTY OF UPSIDE POTENTIAL FOR DEVELOPERS AS COMMERCIAL, OFFICE AND MULTIFAMILY RESIDENCES ARE PERMITTED.
NEW DEVELOPMENTS UNDER CONSTRUCTION IN THE SAME BLOCK.
EXCELLENT LOCATION, VERY CENTRAL, CLOSE TO BRICKELL AND DOWNTOWN,EASY ACCES TO PUBLIC TRANSPORTATION.

A11188776

MLS ID

April 14, 2022

Listed

February 10, 2024

Updated

Map

1227 SW 3rd St
Miami FL, 33135

Interior Features

Total Stories

1


Floor Description

Ceramic Floor, Concrete


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Wall/Window Unit(s)


Heating

No


Heating Description

None

Exterior/Building Features

Lot Features

Less Than 1/4 Acre Lot


Architectual Style

Attached, Other


Roof

Wood Shingle Roof


Sewer

Public Sewer

Other Property Details

Area Name

Lawrence Estate Land Cos


Taxes

$10,582


Tax Frequency

Annually


Days on Market

103


Garage

No


Parking Total

2


View

No


County

Miami-Dade County


Pool

No


Zoning

6101


Buyer Agency Compensation

3%

Listing History

Date

Event

Price

11/10/2023

Sold

$838,000

Listed by:  Core International Realty
Listing Contact: 305-582-6026 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 1:35 AM UTC, 2/10/2024.

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