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1631 NW 3rd Street, Miami, FL 33125
Sold
26 Days on Market
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$1,192,500

Sold · September 15, 2025

1631 NW 3rd Street

Miami, FL 33125

Explore the area: Miami homes for sale · Miami Dade County real estate

What this home sold for

Sold price
$1,192,500
Vs. list price
25.5% under
Days on market
26
Price per sq ft
N/A

This commercial property in ZIP 33125 sold for $1,192,500 on September 15, 2025. That was 25.5% below its final list price of $1,600,000. It spent 26 days on the market.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
1925
Year Built

Listing Snapshot

Sold Price
$1,192,500
Sold On
September 15, 2025
Days on Site
26 Days
Bedrooms
0
Total Baths
0
Total Sq Ft
3,840 sqft
Lot Size
0.17 Acres
Year Built
1925
Property Type
Commercial
MLS #
A11830222
Property Tax
$21,617
County
Miami Dade
Status
Sold

About This Property

8-unit multifamily in Little Havana, across from Marlins Stadium. All 1 bed/1 bath units, recently renovated, updated electrical, and 2020 roof. Parking for 10+ cars. Rented below market. Zoned T5-L on 7,500 SF lot—build up to 11 units by right / up to 25 with Live Local incentives. 6% in-place cap rate with pro forma potential near 8%. Seller financing available up to 60%. All info on MLS/Matrix for listing is deemed iccurate but not guaranteed and subject to errors, and changes without notice. If any item mentioned in this Matrix/MLS listing is deemed inaccurate, the seller and/or listing brokerage/listing agent and any and all affiliated offices of the listing brokerage are not liable for accuracy. All Realtors and Buyers must verify before submitting formal offers on said property.

MLS media link

General Features

Property Type
Commercial
Status
Sold
Year Built
1925
Number of Stories
2
Lot Size (Acres)
0.17
Total Sq Ft
3,840
Zoning
6107

Interior Features

Flooring
Tile

Community & HOA

Financing Terms
Cash / Conventional / Owner Will Carry / Other
MLS Area
2410

Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
9,370
Under Contract
1,779
Median List Price
$645,000
Median Sale Price (September)
$592,500
Median $/Sq Ft
$509
Avg Days on Market
144
View all 9,370 homes for sale in Miami →
How do I schedule a tour of 1631 NW 3rd Street, Miami, FL 33125?
Use the Tour button on this listing to request a showing of 1631 NW 3rd Street, Miami, FL 33125. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 1631 NW 3rd Street, Miami, FL 33125 still available?
1631 NW 3rd Street, Miami, FL 33125 is currently listed as Sold, and has been on the market 26 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 1631 NW 3rd Street, Miami, FL 33125?
With 20% down ($320,000) on the $1,600,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1631 NW 3rd Street, Miami, FL 33125 is about $8,409/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 1631 NW 3rd Street, Miami, FL 33125?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1631 NW 3rd Street, Miami, FL 33125. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 1631 NW 3rd Street, Miami, FL 33125?
Often, yes. The right offer on 1631 NW 3rd Street, Miami, FL 33125 depends on how it's priced against comparable commercial sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Campos Commercial Real Estate LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.

$1,192,500

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Listed by Francisco Campos, Campos Commercial Real Estate LLC

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