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EXP REALTY LLC
2036 NW 3rd Street, Miami, FL 33125
- $1,200,000
- 5,948
- SqFt
- List Price
- $1,200,000
- Days on Market
- 1
- MLS#
- A12117165
- Sq. Ft
- 5,948
- Subtype
- Quadruplex
- County
- Miami-Dade
- Subdivision
- Norris Park
- Year Built
- 1925
Property Description
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!
Additional Information
- Construction
- CBS (Concrete Block Structure), Block
- Cooling
- Wall/Window Unit(s)
- Flooring
- Laminate, Tile
- Heating
- Separate Meters, Wall Furnace
- Roof
- Flat
- Taxes
- $11,340
- Utilities
- Cable Available, Natural Gas Available
- Stories
- 2
- Price Per Sqft
- $201
- Elementary School
- Citrus Grove (Miami-Dade)
- Middle School
- Citrus Grove
- High School
- Miami
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Listing courtesy of Coldwell Banker Realty. Contact:
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
Agent: Monika M Tefel | Email: monika@thetefelgroup.com