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Renovated 8-Unit Apartment Building
For Sale
$2,250,000

1132 NW 3rd St, Miami, FL 33128

Commercial Sale, Miami, FL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market66

Property Features for 1132 NW 3rd St

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 3900
Subdivision 41
Standard status Active
APN 01-41-02-005-1760
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 5 BLK 10 LOT SIZE 7500 SQUARE FEET OR 19034-2675 03 2000 4
Tax Annual Amount 25000
Legal Description LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 5 BLK 10 LOT SIZE 7500 SQUARE FEET OR 19034-2675 03 2000 4

Utilities

Sewer type Public Sewer
Cooling system Wall/Window Unit(s), Window Unit(s)
Water source Public

Building Details

Year built 1925
Floors in Building 2
Number of units 8
Building materials Block
Listing Agency: The Agency Florida LLC
Listed By: Regulo Pachano · License #3275079
Added: Jul 17 Changed: Sep 6 Last Checked: Sep 20 at 2:06PM
MLS# A12009687

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This apartment building contains 8 units, including 7 one-bedroom, one-bath residences and 1 two-bedroom, one-bath residence. Interior and exterior renovations were completed in 2022. Unit improvements include quartz countertops, stainless steel appliances, two-tone cabinetry, porcelain tile bathrooms, LVP flooring, and individual mini-split A/C systems. The property is constructed of block and was originally built in 1925.

The property is located at 1132 NW 3rd St in Miami's Little Havana area, with proximity to Brickell, Downtown Miami, and Jackson Memorial Hospital. It occupies 0.1722 acres and is served by public water and public sewer.

Miami-Dade's mandatory 40-year recertification was passed in 2025, providing a documented milestone for the older building.

Key Highlights

  • 8‑unit apartment building with 7 one‑bedroom units and 1 two‑bedroom unit
  • Interior and exterior renovations completed in 2022
  • Miami‑Dade mandatory 40‑year recertification passed in 2025

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store Butcher Pet Grooming Service Catering Service Restaurant Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

8
Residential units

Location Intelligence

Trade Area within ½ mile

3,017
Businesses Nearby

Demographics for 33128, FL

8,213
Population
4,533
Households
1.8
Avg Household Size
41
Median Age
22%
College-Educated
66%
High-School Grad
0.4 sq mi
ZIP Area
20,533
Density / Sq Mi
$36,308
Median Household Income
$32,082
Median Earnings
$1,316
Median Rent
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Updated multifamily property with varied one- and two-bedroom layouts, modern finishes, and public water and sewer service.
Where is this apartment building located?
The property is located at 1132 NW 3rd St Miami, FL.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 8‑unit apartment building with 7 one‑bedroom units and 1 two‑bedroom unit; Interior and exterior renovations completed in 2022; Miami‑Dade mandatory 40‑year recertification passed in 2025
More about this property
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