David Ramirez
Income/MultiFamily

Commercial Sale · Income/MultiFamily

$2,500,000$2,600,0004,948 sq ft$505 /sq ft

1132 NW 3rd St, Miami FL 33128, MIAMI, FL, 33128

Active94 days on marketListed May 5, 2026MLS #A12009687

About this property

The property at a glance

Prime Little Havana location — fully renovated 8-unit multifamily just minutes from Brickell, Downtown Miami, and Jackson Memorial Hospital. This turnkey investment underwent a complete interior and exterior renovation in 2022 and has passed Miami-Dade's mandatory 40-year recertification (2025), eliminating the #1 due diligence concern for buyers of pre-1985 buildings. Unit mix: 7 × 1BR/1BA + 1 × 2BR/1BA. Every unit features quartz countertops, stainless steel appliances, modern two-tone cabinetry, porcelain tile bathrooms, LVP flooring throughout, and individual mini-split A/C systems — no central HVAC to maintain. Ideal for investors seeking a stabilized, zero-deferred-maintenance asset in one of Miami's most sought-after workforce housing corridors with strong tenant demand and proximity to major employment centers.

4,948

Building sq ft

$505

Price / sq ft

7,500

Lot sq ft

1925

Year built

1

Building

3900

Zoning

Income/MultiFamily

Property type

Building size4,948 sq ft
Lot size7,500 sq ft
Year built1925
Buildings1
Zoning3900
Business typeApartments
ConstructionConcrete Block Construction
CoolingWall/Window Unit(s)
Annual taxes$25,000

The numbers

Investment snapshot

Annual Lease

Lease term

Estimated payment (illustrative)

Down payment25% · $625,000
Interest rate6.00%
Loan term

Estimated payment

$13,485/mo

Principal & interest$11,242
Property taxes (actual bill)$2,083
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

24,500vehicles / day · 2025Sr -968/W Flagler St to Nw 14 St · Traffic count · Florida DOT

What’s nearby

PinolandiaRestaurant0.1 mi
Black & White PharmacyBank0.2 mi
King's JewelryRetail0.2 mi
Regions BankBank0.2 mi
La Esquina del Pan con BistecGrocery0.2 mi
Barlington HotelLodging0.2 mi
Sabor Latino CaféRestaurant0.2 mi
Sedano's SupermarketGrocery0.2 mi
McDonald'sRestaurant0.2 mi
Rakachaka Grill y MásRestaurant0.3 mi
Alexa's MinimarketGrocery0.3 mi
7-ElevenGrocery0.3 mi
ShellGrocery0.3 mi
Estación del LeónGrocery0.3 mi
7-ElevenGrocery0.4 mi
Delicias en MiamiRestaurant0.5 mi
Bite SandwichRestaurant0.5 mi
CrustRestaurant0.5 mi
Mas por Menos IncRetail0.5 mi
Navarro Discount Pharmacy (CVS network)Bank0.5 mi
Blue Little HavanaLodging0.5 mi
FANNYLULodging0.6 mi
YamboRestaurant0.6 mi
Criollo SupermarketGrocery0.6 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

54,255

Population

$39,361

Median income

44

Median age

2

Avg household

$454,868

Median home value

$1,366/mo

Median rent

5,256

Households w/ kids

Consumer profile

NetworkingTop 11%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Party LifeTop 13%

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Wealth SignalingTop 21%

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Hip Hop CultureTop 30%

Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.

Dance DevotionTop 33%

Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.

ActivismTop 34%

This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.

Recent sales

What actually sold near 1132 NW 3rd St

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

825 SW 13th Ave, Miami FL 33135

$1,287,500

825 SW 13th Ave, Miami FL 33135

Sold Aug 8, 2024

1751 NW 29th St, Miami FL 33142

$1,050,000

1751 NW 29th St, Miami FL 33142

Sold Aug 19, 2024

Nearby listing

$2,200,000

Nearby listing

Sold Aug 20, 2024

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 1132 NW 3rd St — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 1132 NW 3rd St.

See it in person

Schedule a tour

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Goes straight to David’s phone and CRM.

Listing courtesy of The Agency Florida LLC · Regulo Pachano. MLS #A12009687.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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