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8-Unit Apartment Building with Mini-Split A/C
For Sale
$2,250,000

1132 NW 3rd St, Miami, FL 33128

MULTI_FAMILY - Miami, FL

Property SizeContact for details
Lot Size0.17 Acres
Days on Market21

Property Features for 1132 NW 3rd St

General Information

Property type Residential Multi Family
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 Window Unit(s), Wall/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: Jul 30 Last Checked: Aug 6 at 3:06AM
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 8-unit apartment building was built in 1925 and underwent a complete interior and exterior renovation in 2022. The property’s unit mix is 7 one-bedroom, 1-bath units and 1 two-bedroom, 1-bath unit. Finishes include quartz countertops, stainless steel appliances, modern two-tone cabinetry, porcelain tile bathrooms, and LVP flooring throughout. Each unit is equipped with an individual mini-split A/C system, with no central HVAC to maintain.

The exterior and interiors were renovated with a focus on turnkey readiness. The property has passed Miami-Dade’s mandatory 40-year recertification (2025). The building is of block construction and served by public water and public sewer.

Set on a 0.1722-acre lot in Miami, the property offers a straightforward multifamily configuration for buyers seeking an apartment asset with updated systems and finishes.

Key Highlights

  • 8‑unit apartment building built in 1925
  • Complete interior and exterior renovation completed in 2022
  • Unit mix: 7 one‑bedroom/1‑bath and 1 two‑bedroom/1‑bath

Property Analytics

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

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 - Eight-unit apartment building with individually metered mini-split A/C and a refreshed interior and exterior renovation completed in 2022.
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 built in 1925; Complete interior and exterior renovation completed in 2022; Unit mix: 7 one‑bedroom/1‑bath and 1 two‑bedroom/1‑bath
More about this property
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