$4,750,000

1029 NW 3rd St Miami, FL 33128

Riverside Neighborhood

Estimated payment $30,506/month

Total Views 1,199
-- Bed
-- Bath
16,054 Sq Ft
$296 Price per Sq Ft

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 2-minute walk to Henderson Park

About This Home

This is a unique opportunity to acquire a newly built (2021) 12-unit multi-family property located in the heart of Little Havana, Miami, FL. The property offers including dedicated parking and in-unit laundry, ensuring strong tenant demand and premium rental rates.Modern Construction: Built in 2021 with high-quality materials and contemporary design.Prime Location: Situated in the vibrant Little Havana neighborhood, known for its cultural appeal and proximity to Downtown Miami.Turnkey Investment: Fully leased with strong rental income and low maintenance costs, Private parking for tenants and in-unit washers and dryers for added convenience.
Strong Market Demand: The Miami rental market continues to show strong occupancy and rent growth, making this an attractive long-term investment.

Listing Agent

Claudio Forgione

Avenew Realty Corp License #3160720

Avenew Realty Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $47,930

Year Built

  • Built in 2021

Parking

  • 12 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Roof

Interior Spaces

  • 16,054 Sq Ft Home
  • 3-Story Property

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 01-41-02-005-1460

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lawrence Estate Land Co Condos
  • Lawrence Estate Land Co Subdivision

Building Details

  • Operating Expense $72,000
  • Net Operating Income $237,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$47,930

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2021
  • Property Sub Type: Quadruplex
  • Horses: No
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: LAWRENCE ESTATE LAND CO
  • Year Built Details: Unknown
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: Stairs
  • Living Area: 16054
  • Stories: 3

Exterior Features

  • Roof: Concrete
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAWRENCE ESTATE LAND CO
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-02-005-1460
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Multi Family

  • Net Operating Income: 237600
  • Number Of Units In Community: 2
  • Number Of Units Total: 12
  • Annual Operating Expense: 72000
  • Total Actual Rent: 309600

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 47930

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 For Sale $4,750,000 0.0% $296 / Sq Ft
02/10/2025 02/10/25 Off Market -- -- --
02/10/2025 02/10/25 Off Market -- -- --
01/21/2025 01/21/25 For Rent -- -- --
01/21/2025 01/21/25 For Rent -- -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11756435

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33128 Riverside

1029 NW 3rd St, Miami, FL

Homes for Sale in Miami, FL

This home is located at 1029 NW 3rd St, Miami, FL 33128 and is currently priced at $4,750,000, approximately $295 per square foot. This property was built in 2021. 1029 NW 3rd St is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Claudio Forgione
Listing Agent
Claudio Forgione
Section Image
Avenew Realty Corp
(786) 426-4396