- CENTURY 21 Real Estate
- Florida
- Miami
- 329 SW 9th Ave
329 SW 9th Ave, Miami, FL 33130
Local realty services provided by:CENTURY 21 Circle
329 SW 9th Ave,Miami, FL 33130
$1,495,000
- - Beds
- - Baths
- 3,380 sq. ft.
- Multi-family
- Active
Listed by: richard collar, angel fuentes
Office: pellego, llc.
MLS#:A11959419
Source:SEFMLS
Price summary
- Price:$1,495,000
- Price per sq. ft.:$442.31
About this home
Alerio Group is proud to exclusively present 870 SW 3rd Street, a boutique 4-unit multifamily property located in the heart of Little Havana.
This meticulously maintained asset features four 2-bedroom, 1-bath units, currently rented at $2,250 x 3 and 1x @ $2225, delivering high in-place income at a 5.5% CAP rate with upside potential. The property has undergone extensive upgrades both inside and out. All of the unit interiors have been fully remodeled and include impact windows, a new roof, central air conditioning in all units, six on-site parking spaces, new asphalt paving, a new fence including dumpster enclosure, and new railings. All work was done with permits. Additional income is generated through on-site coin-operated laundry (1 new washer / 1 dryer).
Designed for ease of ownership, this low-maintenance building is simple to manage and offers the ability to further increase rents. All tenants are secured with annual leases except one Section 8 tenant with an MTM lease.
Located in one of the strongest rental markets in the country, this Little Havana multifamily asset offers durable cash flow, inflation resistance, and long-term appreciation potential. This offering will not last.
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Home facts
- Year built:1975
- Listing ID #:A11959419
- Updated:February 05, 2026 at 10:52 PM
Rooms and interior
- Living area:3,380 sq. ft.
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Shingle
- Year built:1975
- Building area:3,380 sq. ft.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,495,000
- Price per sq. ft.:$442.31
- Tax amount:$13,795 (2025)
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