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931 SW 3rd Street, Miami, FL 33130
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11 Days on Market
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All Listings

$18,500,000

931 SW 3rd Street

Miami, FL 33130

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

How this price compares

List price
$18,500,000
Price per sq ft
N/A
Original price
Unchanged
Days on market
11

This commercial property in ZIP 33130 is listed at $18,500,000. It has been on the market for 11 days.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
1947
Year Built

Estimated monthly payment

$97,225 /mo

Principal and interest only, based on $3,700,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

Customize this estimate

Listing Snapshot

Price
$18,500,000
Days on Site
11 Days
Bedrooms
0
Total Baths
0
Total Sq Ft
58,260 sqft
Lot Size
2.16 Acres
Year Built
1947
Property Type
Commercial
MLS #
A12044485
County
Miami Dade
Status
Active

About This Property

Rare Urban Garden Apartment Community in the Heart of East Little Havana. Spanning 2.16 acres across twocontiguous parcels totaling 79 units and 58,260 SF of building area, this community offers operational scale, enduring land value, & a residential character difficult to replicate in Miami's urban core.Presenting a rare opportunity to acquire a 79-unit garden apartment community spanning 2.16 acres — an increasingly scarce combination of scale, land, & low-density residential character within Miami's urban core. Originally developed in 1947, the property consists of multiple residential structures in a garden- style setting distinguished by expansive open areas, mature landscaping, and generous green space. The property features a diversified unit mix of 29 two-bedroom residences, 46 one-bedroom residences, and 4 studio apartments, providing broad tenant appeal and durable leasing flexibility. The site's configuration and significant land component create a setting that is increasingly difficult to replicate under today's development conditions. With current in-place gross income of $1,336,754 and pro forma gross income of $1,990,800, the portfolio presents a compelling value- add opportunity with clear rent upside — units currently average below market, offering an investor a 5.93% pro forma cap rate. Residents benefit from convenient access to employment centers while remaining immersed in the culture, dining, and everyday conveniences that define Little Havana.

MLS media link

General Features

Property Type
Commercial
Status
Active
Year Built
1947
Lot Size (Acres)
2.16
Total Sq Ft
58,260
Zoning
T4-R

Community & HOA

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
9,439
Under Contract
1,779
Median List Price
$645,000
Median Sale Price (September)
$592,500
Median $/Sq Ft
$508
Avg Days on Market
143
View all 9,439 homes for sale in Miami →
How do I schedule a tour of 931 SW 3rd Street, Miami, FL 33130?
Use the Tour button on this listing to request a showing of 931 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 931 SW 3rd Street, Miami, FL 33130 still available?
931 SW 3rd Street, Miami, FL 33130 is currently listed as Active, and has been on the market 11 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 931 SW 3rd Street, Miami, FL 33130?
With 20% down ($3,700,000) on the $18,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 931 SW 3rd Street, Miami, FL 33130 is about $97,225/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 931 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 931 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 931 SW 3rd Street, Miami, FL 33130?
Often, yes. The right offer on 931 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 Fausto Commercial Realty Consultants Inc

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 3, 2026.

$18,500,000

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Listed by Mauricio Villasuso, Fausto Commercial Realty Consultants Inc

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