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Sold for $1,300,000
  • $1,300,000

    870 SW 3rd St, Miami, FL 33130

    8beds
    4baths
    3,722sqft
    Quadruplex
    Built in 1955
    -- sqft lot
    $1,308,300 Zestimate®
    $349/sqft
    $2,631 Estimated rent

    Home value

    $1,308,300

    $1.20M - $1.43M

    $2,631/mo

    Zestimate® history
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    $2,631/mo

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    $8,807/mo

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    $8,807/mo

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    What's special

    Alerio Group is proud to exclusively bring 870 SW 3rd ST. in Little Havana to market. This meticulously maintained 4-unit boutique multifamily is comprised of 4x 2/1 units (@ $2100 x 2, $2050 & $2200). The building has impact windows, a certified roof, central AC in all units, 4 parking spots, a covered courtyard, and offers a coin-operated (1x) washer & (1x) dryer. This low-maintenance building is easy to own & manage. Room to raise rents. 2x leased tenant & 2x MTM Tenants. AirBnB ready. One of the best rental markets in the nation. Real estate investments in the multifamily asset class perform well during inflationary periods and serve as an excellent diversification tool for any investment portfolio. This property will not last!

    Zillow last checked: 8 hours ago

    Listing updated: September 01, 2023 at 08:48am

    Listed by:

    Richard Collar 786-351-1614,

    Pellego, LLC,

    Angel Fuentes 786-301-9051,

    Pellego, LLC

    Bought with:

    Richard Collar, 3544220

    Pellego, LLC

    Source: MIAMI,MLS#: A11390534MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Stairs
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 3,722
    • Total interior livable area: 3,722 sqft

    Property

    Parking
    • Total spaces: 5
    Features
    • Stories: 2
    Lot
    • Features: Less Than 1/4 Acre Lot
    Details
    • Parcel number: 0141380033920
    • Zoning: 3900

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Concrete Block Construction
    • Roof: Flat Roof With Facade Front
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Miami
    • Subdivision: Brickell Riverview

    HOA & financial

    Other financial information
    • Total actual rent: 103200

    Other

    Other facts
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    8/31/2023Sold$1,300,000-13.3%$349/sqft
    Source: MIAMI #A11390534 Report a problem
    8/11/2023Pending sale$1,499,000$403/sqft
    Source: MIAMI #A11390534 Report a problem
    7/7/2023Listed for sale$1,499,000$403/sqft
    Source: MIAMI #A11390534 Report a problem
    6/29/2023Pending sale$1,499,000$403/sqft
    Source: MIAMI #A11390534 Report a problem
    6/13/2023Listed for sale$1,499,000+86.2%$403/sqft
    Source: MIAMI #A11390534 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$16,914 +21%$768,444 +36%
    2023$13,983 +11.4%$565,007 +10%
    2022$12,551 +9.7%$513,643 +10%

    Find assessor info on the county website

    Neighborhood: Little Havana

    Nearby schools

    GreatSchools rating
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    Estimated market value$1,308,300
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    Estimated market value
    $1,308,300