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T5-R Apartment Building
For Sale
$799,500

7640 NE 3rd Pl, Miami, FL 33138

Commercial Sale, Miami, FL

Property SizeContact for details
Lot Size0.14 Acres
Days on Market64

Property Features for 7640 NE 3rd Pl

General Information

Property type Commercial Sale
Property subtype Other
Zoning description 4600
Subdivision 32
Standard status Active
APN 01-32-07-046-0100
Lot size 0.14 Acres

Taxes and HOA fees

Tax Description COMML LITTLE RIVER PB 7-73 LOTS 15 & 16 LOT SIZE 50 X 125 OR 9868-2246
Legal Description COMML LITTLE RIVER PB 7-73 LOTS 15 & 16 LOT SIZE 50 X 125 OR 9868-2246

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating), Wall Furnace
Cooling system Window Unit(s), Wall/Window Unit(s), Central Air
Water source Public

Building Details

Year built 1935
Floors in Building 1
Number of units 7
Building materials Block
Listing Agency: Duffy Realty
Listed By: Kelle Jackson · License #3464081
Added: Jul 2 Changed: Sep 2 Last Checked: Sep 3 at 3:06AM
MLS# A12029445

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 property at 7640 NE 3rd Pl in Miami is situated on a 0.1435-acre parcel and was constructed in 1935 using block materials. The property is designated T5-R and receives public water and public sewer service. Heating is provided through wall furnace, central, and electric systems, while cooling includes central air and window or wall/window units.

The property is currently leased to an organization through October 2027. Showings are strictly available by appointment, providing a scheduled access process for interested parties.

Key Highlights

  • T5‑R zoning designation
  • 0.1435‑acre parcel in Miami
  • Constructed in 1935 with block materials

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Locksmith Nursing Home (Bike/Boat/Book/etc) Store Butcher Electrical Service

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,001
Businesses Nearby

Demographics for 33138, FL

27,601
Population
14,310
Households
1.9
Avg Household Size
43
Median Age
47%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
6,572
Density / Sq Mi
$71,518
Median Household Income
$52,853
Median Earnings
$1,647
Median Rent
$686,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Block-built apartment property with public water and sewer service, central and unit-level climate systems, and an existing lease.
Where is this apartment building located?
The property is located at 7640 NE 3rd Pl Miami, FL.
What is the asking price?
The asking price for this property is $799,500.
What are key features of this property?
This property features: T5‑R zoning designation; 0.1435‑acre parcel in Miami; Constructed in 1935 with block materials
More about this property
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