Price Check
How this price compares
- List price
- $5,400,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 1
This commercial property in ZIP 33130 is listed at $5,400,000. It has been on the market for 1 day.
Estimated monthly payment
$28,379 /mo
Principal and interest only, based on $1,080,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $5,400,000
- Days on Site
- 1 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 11,700 sqft
- Lot Size
- 0.11 Acres
- Year Built
- 1925
- Property Type
- Commercial
- MLS #
- A12099896
- County
- Miami Dade
- Status
- Active
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.
Virtual TourGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1925
- Lot Size (Acres)
- 0.11
- Total Sq Ft
- 11,700
- Zoning
- 3900
Community & HOA
- MLS Area
- 2410
About the Area
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
- 11,954
- Median List Price
- $639,000
- Median $/Sq Ft
- $497
- Avg Days on Market
- 139
Frequently Asked Questions
- How do I schedule a tour of 871 SW 3rd Street, Miami, FL 33130?
- Use the Tour button on this listing to request a showing of 871 SW 3rd Street, Miami, FL 33130. 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 871 SW 3rd Street, Miami, FL 33130 still available?
- 871 SW 3rd Street, Miami, FL 33130 is currently listed as Active, and has been on the market 1 day. 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 871 SW 3rd Street, Miami, FL 33130?
- With 20% down ($1,080,000) on the $5,400,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 871 SW 3rd Street, Miami, FL 33130 is about $28,379/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 871 SW 3rd Street, Miami, FL 33130?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 871 SW 3rd Street, Miami, FL 33130. 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 871 SW 3rd Street, Miami, FL 33130?
- Often, yes. The right offer on 871 SW 3rd Street, Miami, FL 33130 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 APEX Capital Realty 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 October 4, 2026.
$5,400,000
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Listed by Miguel Angel Pinto, APEX Capital Realty LLC
Map & Location
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Recent Sales
Recently sold homes in ZIP 33130
These are the last 6 recorded closings in ZIP 33130, with the price each home actually sold for rather than what it was listed at. They closed at a median of $532 per square foot. The most recent closed on October 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$320,000
Sold · October 2, 2026
690 SW 1st Court 1934
1 bed · 1 bath · 602 sqft · $532/sqft
$10,999 under the asking price
Sold$385,000
Sold · October 2, 2026
350 S Miami Avenue 302
2 bed · 2 bath · 1,029 sqft · $374/sqft
$35,000 under the asking price
Sold$585,000
Sold · October 1, 2026
79 SW 12th Street 3401-S
2 bed · 2 bath · 1,099 sqft · $532/sqft
$40,000 under the asking price
Sold$550,000
Sold · September 30, 2026
185 SW 7th Street 4209
2 bed · 2.5 bath · 1,179 sqft · $466/sqft
$35,000 under the asking price
Sold$1,560,000
Sold · September 30, 2026
801 S Miami Avenue 5509
3 bed · 3 bath · 1,442 sqft · $1,082/sqft
$130,000 under the asking price
Sold$300,000
Sold · September 30, 2026
175 SW 7th Street 1805
0 bed · 0 bath
$1,500 over the asking price
See every recorded sale in ZIP 33130 or find out what your ZIP 33130 home is worth.
