8-Unit Apartment
964 SW 3rd St, Miami, FL 33130
For Sale
$2,400,000
T4-R zoning and individually metered electric service paid directly by residents shape the property’s existing configuration.
Property Size15,000 SF
Lot Size0.34 Acres
Days on Market50
Property Features for 964 SW 3rd St
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Net Operating Income
Financials
Asking Price
Cap Rate
Gross Income
Site & Location
Neighborhood
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Floridian First Realty Corp
Listed By:
Lais Same · License FL #3570917
(786) 280-8680
Source:
Miamibrokersgroup
Added: Sep 22
Changed: Oct 31
Last Checked: Nov 8 at 11:57AM
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 Floridian First Realty Corp
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Investment Insights
Based on property information with market context.
This Miami multifamily property contains eight apartments across a 15,000-square-foot assemblage spanning two folios. Built in 1925, the site covers 0.344 acres and carries a T4-R zoning designation. Electric service is individually metered, with residents paying their own electric bills. The property has an in-place cap rate of 4.87%.
Located at 964 SW 3rd St in Miami’s urban core, the property combines existing apartment improvements with a substantial land area. Its zoning and site area are relevant to evaluating the property; any development or use plans should be checked with the applicable authorities.
Located at 964 SW 3rd St in Miami’s urban core, the property combines existing apartment improvements with a substantial land area. Its zoning and site area are relevant to evaluating the property; any development or use plans should be checked with the applicable authorities.
Key Highlights
- Eight apartments in a multifamily property
- 15,000‑square‑foot assemblage spanning two folios
- 0.344‑acre site with T4‑R zoning
Property Analytics
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Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
3,822
Businesses Nearby
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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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Market
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Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - T4-R zoning and individually metered electric service paid directly by residents shape the property’s existing configuration.
Where is this apartment building located?
The property is located at 964 SW 3rd St Miami, FL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Eight apartments in a multifamily property; 15,000‑square‑foot assemblage spanning two folios; 0.344‑acre site with T4‑R zoning
