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$1,600,000
5 Days On Site

1631 NW 3rd St
Miami, FL 33125

For Sale|Multi Family|Active
0
Beds
0
Total Baths
3,840
SqFt
$417
/SqFt
1925
Built
County:
Miami-Dade
Call Now: 954-998-3673
Is this the listing for you? We can help make it yours.
954-998-3673
1631 NW 3rd St1631 NW 3rd St1631 NW 3rd St1631 NW 3rd St
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Monthly Payment (Est.)

$7,300
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Rare 8-unit multifamily in prime Little Havana, directly across from Marlins Stadium. Renovated 1 bed/1 bath units with porcelain tile, updated wall A/Cs, and new roof. Rear lot offers parking for 10+ cars. Units rented below market with strong upside. 7,500 SF lot zoned T5-L allows for 11 units by right or up to 25 with Live Local incentives. In-place 6% cap rate with potential to reach 8% at asking. Ideal for investors seeking immediate cash flow with long-term redevelopment upside. Seller financing available up to 60% with reasonable terms. All information deemed reliable but not guaranteed. Buyers agent is responsible for verifying all details, including zoning, square footage, and potential development opportunities. Listing broker and seller make no representations or warranties.

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Listing Snapshot
Price 
$1,600,000
Days On Site 
5 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,840 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
7,500 Acres
Year Built 
1925
MLS® Number 
A11830222
Status 
Active
Property Tax 
$21,617
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing first seen on site
5 days agoListing updated with changes from the MLS®
General Features
Number Of Stories 
2
Parking Spaces 
10
Property Sub Type 
Multi Family
SqFt Total 
3840
Stories 
Two
Zoning 
6107
Interior Features
Flooring 
Tile
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Community Features
Financing Terms Available 
Cash
MLS Area 
41
Listing courtesy of Campos Commercial Real Estate LLC

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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