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Active - Other for sale
1027 SW 3rd St, Miami FL 33130
Facts & features
Why you’ll love it
1027 SW 3rd Street is a fully renovated and stabilized 10-unit apartment building in the heart of Little Havana, just minutes from Brickell, Downtown Miami, the Miami River and Calle Ocho. The property consists of ten 1-bedroom/1-bath units with vinyl flooring, mini-split A/C systems, stainless-steel appliances and hurricane-impact windows. This is a true turnkey Miami multifamily opportunity with strong in-place cash flow and additional upside through rents. Offered at $2,095,000, the property is being sold at a 5.91% current cap rate with a 6.71% pro forma cap rate at $1,775 per unit. At only $209,500 per unit, this is a rare opportunity to own a renovated 10-unit building in one of Miami’s most centrally located and high-demand rental markets.
Listings courtesy of Metropolitan Property Group Florida.
Listed by: Francisco Brito • 631-356-5697 • Metropolitan Property Group Florida
Co-listed by: Metropolitan Property Group Florida
Source: Miami MLS, MLS#: A12088855
Based on info available as of Nov 12, 2026 at 7:10 PM EST.
Come see by yourself
Affordability
$10,593/mo
- Mortgage$10,593
- Property tax$0
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$41,900 Credit back
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Travel times
About Miami
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone AE
In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.
More details
Base flood elevation: 9 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements.
Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.
Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided.
Copyright ©2026.
Based on information as of Nov 12, 2026 at 07:10pm EST.
Make a winning offer, and get up to
$41,900 Credit back
