Renovated Miami
For Sale
$1,449,000
529 SW 3rd St, Miami, FL 33130
Residential Income, Miami, FL
Property Size2,730 SF
Price / SF$530.77
Days on Market88
Property Features for 529 SW 3rd St
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning description
3900
Bedrooms
8
Full bathrooms
4
Rooms
Bedroom 2, Bedroom 8, Bedroom 1, Bathroom 3, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 6, Bedroom 7, Bedroom 5, Bathroom 1
Parking
4
Subdivision
CITY OF MIAMI SOUTH
Lot features
Flood Zone, < 1/4 Acre
Standard status
Active
APN
01-02-02-000-1200
Size
2,730 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
CITY OF MIAMI SOUTH PB B-41 LOT 17 BLK 20 LOT SIZE 7500 SQUARE FEET OR 19734-1166 04 2001 3 COC 23769-0667 08 2005 4
Tax Annual Amount
15846
Legal Description
CITY OF MIAMI SOUTH PB B-41 LOT 17 BLK 20 LOT SIZE 7500 SQUARE FEET OR 19734-1166 04 2001 3 COC 23769-0667 08 2005 4
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
central AC
in-unit laundry
Building Details
Year built
1910
Floors in Building
2
Flooring type
Laminate, Tile - Ceramic
Building materials
CBSConcreteBlockStructure, Block
Roof type
Shingle
Listing Agency:
LPT Realty, LLC
(877) 366-2213
Listed By:
Monica Malpica · License #3282829
(407) 968-3856
Added: Jul 18
Changed: Oct 10
Last Checked: Oct 13 at 12:06AM
MLS# A11952416
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 2,730-square-foot Miami triplex has been renovated and is currently arranged as four units. The legal triplex has central air conditioning and laundry in each unit, with PVC plumbing. Construction is CBS concrete block, and interior finishes include ceramic tile and laminate flooring.
The property is a few blocks from Brickell. Multifamily zoning is noted, and the roof dates to 2017.
The property is a few blocks from Brickell. Multifamily zoning is noted, and the roof dates to 2017.
Key Highlights
- Legal triplex currently configured as four units
- 2,730 square feet
- Renovated property with PVC plumbing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$54,752
Cap Rate
3.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,040
$1.1M
Cap Rate 7%
$782,171
$782.2K
Cap Rate 9%
$608,356
$608.4K
Market Conditions
NOI Build-Up for 2,730 SF
Gross rent
$83.5K $30.60/SF
− Vacancy
−$5.3K −$1.95/SF
EGI
$78.2K $28.65/SF
− OpEx
−$23.5K −$8.60/SF
NOI
$54.8K $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%
$1,095,040
Cap Rate 7%
$782,171
Cap Rate 9%
$608,356
Alternative Uses
Best Use
Multifamily LT 5
$782.2K
$684.4K – $912.5K
NOI $54,752 @ 7.0% cap · market cap 3.78%
Second Best
Apartment 5plus
$720.5K
$630.4K – $840.5K
NOI $50,432 @ 7.0% cap · market cap 3.48%
Theoretical Best
Specialty Retail
$1.84M
$1.61M – $2.15M
NOI $128,994 @ 7.0% cap · market cap 8.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
9,064
Businesses Nearby
Explore this area
Business Placement
Demographics for 33130, FL
35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Triplex - Central air and in-unit laundry serve a multifamily property configured for four units.
Where is this triplex located?
The property is located at 529 SW 3rd St Miami, FL.
What is the asking price?
The asking price for this property is $1,449,000.
What are key features of this property?
This property features: Legal triplex currently configured as four units; 2,730 square feet; Renovated property with PVC plumbing
