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2030-2034 SW 3rd Ave 20 Unit Apartment Building $8,000,000 ($400,000/Unit) 5% Cap Rate Miami, FL 33129
EXECUTIVE SUMMARY
Fully Renovated 20-Unit Multifamily – Miami
20-unit multifamily in a high-demand rental market. All units are 1-bed/1-bath.
The property is undergoing a full renovation with new roof, impact windows, kitchens, baths, electrical and plumbing—like-new construction. Completion expected by December 2025.
Prime location minutes from Brickell and Coral Gables in a rapidly transitioning neighborhood with strong rental demand. Zoned T6-8-O for major future redevelopment potential.
20-unit multifamily in a high-demand rental market. All units are 1-bed/1-bath.
The property is undergoing a full renovation with new roof, impact windows, kitchens, baths, electrical and plumbing—like-new construction. Completion expected by December 2025.
Prime location minutes from Brickell and Coral Gables in a rapidly transitioning neighborhood with strong rental demand. Zoned T6-8-O for major future redevelopment potential.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $8,000,000 | Apartment Style | Low-Rise |
| Price Per Unit | $400,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 5% | Building Size | 11,914 SF |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1950 |
| Property Subtype | Apartment | Parking Ratio | 0.75/1,000 SF |
| Zoning | R-1, Miami - T6-8-O | ||
| Price | $8,000,000 |
| Price Per Unit | $400,000 |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 11,914 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 0.75/1,000 SF |
| Zoning | R-1, Miami - T6-8-O |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 20 | - | 736 |
1 1
Walk Score®
Very Walkable (87)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 01-4138-001-1430 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,941,510 |
PROPERTY TAXES
Parcel Number
01-4138-001-1430
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,941,510
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2030-2034 SW 3rd Ave
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