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    10860 SW 3rd St Miami, FL 33174

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    Mint condition 10-unit apartment building near FIU main campus.

    Type:Multifamily
    Property size:
    7,500 SF
    Price / SF:
    $486/SF
    Added:
    Sep 2, 2022
    Days on Market:
    1337
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 10860 SW 3rd St

    General Information

    Standard status
    Active
    Size
    7,500 SF
    Property subtype
    Multifamily

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    Listing Contact
    Mauricio Jalil

    Listing agent Mauricio Jalil License #3207268

    Listing office MJ Estates, Inc.

    Listing date Sep 2, 2022

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of MJ Estates, Inc.


    Overview

    Miami Multifamily Investment Opportunity

    This is a 10-unit apartment building located in Sweet Water, just blocks from the Miami Dade FIU main campus. The property consists of five 2-bedroom, 1-bathroom units and five 1-bedroom, 1-bathroom units. The property is in mint condition and features long-term tenants. There is potential for rent increases and low expenses. A 40-year certification and CU are in place. The current gross income is $195,800 at a 4% cap rate, scheduled to increase by December/January 2024 at 5.5% cap. The property size is 7,500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.371793
    Latitude
    25.765271

    FAQs

    What type of property is this?
    Apartment building - Mint condition 10-unit apartment building near FIU main campus.
    Where is this apartment building located?
    The property is located at 10860 SW 3rd St Miami, FL.
    What is the asking price?
    The asking price for this property is $3,650,000.
    What are key features of this property?
    This property features: Mint condition 10‑unit apartment building.; Located blocks from Miami Dade FIU main campus.; 5 units are 2/1's and 5 units are 1/1's.
    More about this property
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