BreakThru Realty

871 SW 3rd Street, Miami, FL 33130

$5,400,000 · $462 per sq ft · Multifamily for sale

  • Property type: Multi Family
  • Asking price: $5,400,000
  • Price per sq ft: $462
  • Building size: 11,700 sq ft
  • Lot size: 4,792 sq ft
  • Zoning: 3900
  • Year built: 1925
  • Parcel ID: 0141380034200
  • MLS#: A12099896
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About this property

871 SW 3rd Street is a 100% occupied, 24-unit multifamily investment in East Little Havana. All 24 one-bedroom, one-bath apartments are leased at an average in-place rent of $1,685 per month: income from day one, no lease-up, no downtime. The existing financing is assumable at a rate below 6% with about four years remaining, so a buyer steps into in-place debt. The 40-year recertification is complete. East Little Havana is one of Miami's most vibrant, culturally rich neighborhoods, set between the Little Havana core and Brickell, minutes from Downtown Miami and the Miami River. Steady demand for well-located workforce housing keeps occupancy high. Asking Price: $5,400,000 ($225,000 per unit). 5.92% cap rate on reassessed NOI.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

APEX Capital Realty LLC · info@apexcapitalrealty.com · Listing agent: Miguel Angel Pinto

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 871 SW 3rd Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 871 SW 3rd Street

How much is 871 SW 3rd Street?
871 SW 3rd Street is listed at $5,400,000, about $462 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 871 SW 3rd Street zoned?
The listing reports zoning of 3900. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 871 SW 3rd Street?
The listing reports 11,700 square feet of building.
When was 871 SW 3rd Street built?
871 SW 3rd Street was built in 1925. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
How do I tour 871 SW 3rd Street?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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