2036 NW 3rd St, Miami, FL, 33125
2036 NW 3rd St, Miami, FL, 33125 - Image 22036 NW 3rd St, Miami, FL, 33125 - Image 32036 NW 3rd St, Miami, FL, 33125 - Image 42036 NW 3rd St, Miami, FL, 33125 - Image 5

2036 NW 3rd St, Miami, FL, 33125

1 bedroom · 1 bath · 5,948 sq.ft.

Prime 8 Unit Multifamily Investment Opportunity in the Heart of Miami! Discover this income producing property ideally located near Little Havana, Downtown Miami, Brickell and major expressways. This two story building features eight spacious 1 bedroom, 1 bathroom apartments with separate electric meters and 5,948 sq. ft. of building area. All units feature similar layouts and the property has been maintained with updates and repairs as needed. Highlights include a roof replaced in 2023 and City of Miami approved structural and electrical recertification reviews in 2025. Currently generating $115,200 in annual rental income, with approximately $72,200 in adjusted annual net operating income (NOI) based on estimated recurring expenses of $43,000. Excellent rental upside potential, with projected gross income of $144,000 annually if all eight units rent for $1,500 per month, subject to market conditions and existing month to month leases. This property offers investors immediate income, strong rental growth potential and a prime central Miami location. Don't miss this opportunity to own eight income producing units under one roof!

Information

Property typeMulti Family
Size5,948 sq.ft.
Year built1925
Stories2
Price per sq.ft.USD 202
CountyMiami-Dade
ZIP code33125
LocationMiami, United States

USD 1,200,000

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Where it's located

Miami, United States

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