1258 NW 3rd St, Miami FL 33125

Closed

$1,525,000

Est. Payment $8,117/mo

MLS Sheet Video

1969

Year Built

Stories

Days on Market

Description

Outstanding multi-family property with six units, conveniently situated in Little Havana just blocks away from Marlins Stadium. Each unit features 2 bedrooms and 1 bathroom, with five units fully remodeled. The concrete roof received a new silicone coating in 2023, new electrical, and the property obtained a 50-Year Recertification in 2019. New driveway in 2023 with six parking spots available. The property includes coin-operated washer and dryer facilities on-site. All units are currently rented, and most tenants are on month-to-month leases, presenting a fantastic investment opportunity. Property is bringing in a gross income of $130,000 per year with a great deal of upside when bringing the rents up to market value!

Facts

MLS#: A11518518
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Income/MultiFamily
Year Built: 1969
Lot Size: 7,500 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 2
Garage: —
Pool: —
Days on Market: 5 days
Listed: Jan 23, 2024
Last Updated: Feb 21, 2024
Price/Lot Sq.Ft.: $203/ft²

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/21/2024	Sold	$1,525,000
1/23/2024	Listed for sale	$1,525,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

1258 NW 3rd St, Miami FL 33125Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Design & Architecture Senior High School
9,10,11,12 · public · 0.5 mi
Young Men's Preparatory Academy
6,7,8,9,10,11,12 · public · 0.8 mi
Dade Prep Academy
PK,TK,KG,1,2,3,4,5,6,7,8 · private · 0.8 mi
Miami Arts Charter School
6,7,8,9,10,11,12 · charter · 0.8 mi
BridgePrep Academy Charter School
KG,1,2,3,4,5 · charter · 0.9 mi
Ebenezer Christian Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Ebenezer Christian Academy II
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Centner Academy
PK,TK,KG,1,2,3,4,5,6,7,8 · private · 0.9 mi
Care Elementary School
KG,1,2,3,4,5 · private · 1.0 mi
Jacobs Athletic Science Center
KG,1,2,3,4,5,6,7,8 · private · 1.0 mi

Estimated Monthly Payment

$9,538/mo

Principal & Interest

$8,117

Property Tax

$1,271

Insurance

$150

HOA

Down Payment20% ($305,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

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