Three-Unit Multifamily
3025 NW 8TH Avenue, Miami, FL 33127
For Sale
New
$1,150,000
Residential Income, Miami, FL
Property Size1,920 SF
Lot Size0.12 Acres
Price / SF$598.96
Days on Market3
Property Features for 3025 NW 8TH Avenue
General Information
Property type
Property subtype
Zoning
Bedrooms
Full bathrooms
Rooms
Pets allowed
Subdivision
Elementary school
Middle school
High school
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Listing Agency:
Sealine Realty Inc
(772) 202-9508
Listed By:
Bruna Kunhasky · License FL #3450568
(781) 346-8687
Added: Nov 11
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# B26099977
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Miami multifamily property contains three units, each configured with three bedrooms and one bathroom. The building measures 1,920 square feet on a 0.12-acre lot. Construction is block, with ceramic tile flooring, electric heat, and central air conditioning. Public water and sewer serve the property; it was built in 1924.
The address is in Miami’s Allapattah area. Wynwood, Midtown, the Design District, and Downtown Miami are identified as nearby destinations, with major highways, shopping, dining, and employment centers also noted in the surrounding area.
The address is in Miami’s Allapattah area. Wynwood, Midtown, the Design District, and Downtown Miami are identified as nearby destinations, with major highways, shopping, dining, and employment centers also noted in the surrounding area.
Key Highlights
- Three units, each with 3 bedrooms and 1 bathroom
- 1,920‑square‑foot building on a 0.12‑acre lot
- Built in 1924 with block construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,507
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$770,140
$770.1K
Cap Rate 7%
$550,100
$550.1K
Cap Rate 9%
$427,856
$427.9K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$58.8K $30.60/SF
− Vacancy
−$3.7K −$1.95/SF
EGI
$55.0K $28.65/SF
− OpEx
−$16.5K −$8.60/SF
NOI
$38.5K $20.06/SF
Area
Miami, FL
Vacancy
6.37%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$770,140
Cap Rate 7%
$550,100
Cap Rate 9%
$427,856
Alternative Uses
Best Use
Multifamily LT 5
$550.1K
$481.3K – $641.8K
NOI $38,507 @ 7.0% cap · market cap 3.35%
Second Best
Apartment 5plus
$506.7K
$443.4K – $591.2K
NOI $35,469 @ 7.0% cap · market cap 3.08%
Theoretical Best
Specialty Retail
$1.30M
$1.13M – $1.51M
NOI $90,721 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,843
Businesses Nearby
Explore this area
Business Placement
Demographics for 33127, FL
27,692
Population
11,245
Households
2.5
Avg Household Size
37
Median Age
13%
College-Educated
69%
High-School Grad
3.3 sq mi
ZIP Area
8,392
Density / Sq Mi
$41,125
Median Household Income
$30,240
Median Earnings
$1,394
Median Rent
$398,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Triplexes in Miami, FL
Properties on Market for Triplexes in Miami
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences each offer three bedrooms and one bathroom.
Where is this triplex located?
The property is located at 3025 NW 8TH Avenue Miami, FL.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Three units, each with 3 bedrooms and 1 bathroom; 1,920‑square‑foot building on a 0.12‑acre lot; Built in 1924 with block construction
