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Off market
  • $1,038,263

    1442 SW 3rd St, Miami, FL 33135

    --beds
    0baths
    3,436sqft
    MultiFamily
    Built in 1921
    -- sqft lot
    $-- Zestimate®
    $302/sqft
    $3,170 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,170/mo

    Zestimate® history
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    $6,929/mo

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    What's special

    High Cash Flow Unique Investment Opportunity with 8% Cap Rate. Rare ability to acquire a fully stabilized multifamily asset with separate onsite commercial laundry facility in the rapidly growing market of Little Havana. The property consists of two structures; a four unit CBS front building and a fully rebuilt four unit building in the rear. 6 Two Beds and 2 One beds all on annual leases plus a very profitable onsite commercial laundry facility. Laundry has separate business license servicing the building & neighboring buildings with 13 machines producing additional cash flow of $3,600-4,000/month. All machines are owned and conveyed with the sale. Property has new drain system, driveway, fencing and 6 parking spaces.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Wall
    Interior area
    • Total interior livable area: 3,436 sqft

    Property

    Features
    • Exterior features: Other
    Lot
    • Size: 7,492 sqft
    Details
    • Parcel number: 0141020063420

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Other
    • Roof: Other
    Condition
    • Year built: 1921

    Community & neighborhood

    Location
    • Region: Miami

    Other

    Other facts
    • Construction Type: Concrete Block Construction, Frame Construction
    • Listing Type: Exclusive Right to Sell/Rent
    • Lot Description: Less Than 1/4 Acre Lot
    • Pool YN: 0
    • Property Type: Residential Income
    • Roof Description: Shingle Roof
    • Section: 2
    • Sewer Description: Municipal Sewer
    • Tax Information: Tax Reflects City & County Tax, Tax Reflects No Exemptions
    • Waterfront Property YN: 0
    • Year Built Description: Resale
    • Information Available: Copy Of Lease(S), Deposit - Security, Deposit - Last Months Rent, Equipment Lists, Financial Statement
    • Rent Includes: Trash Removal, Sewer, Lawn Care, Hot Water
    • Terms Considered: Conventional, All Cash
    • Floor Description: Ceramic Floor
    • Heating Description: No Heat
    • Style: Fourplex
    • Typeof Property: Fourplex
    • Property Type Information: Old Spanish
    • Status: Active

    Price history

    DateEventPrice
    4/17/2018Listing removed$1,350,000$393/sqft
    Source: Compass Florida, LLC #A10409419
    2/23/2018Listed for sale$1,350,000$393/sqft
    Source: Compass Florida, LLC #A10409419
    1/30/2018Pending sale$1,350,000$393/sqft
    Source: Compass Florida, LLC #A10409419
    1/30/2018Listed for sale$1,350,000+125%$393/sqft
    Source: Compass Florida, LLC #A10409419
    1/20/2016Sold$600,000$175/sqft
    Source: Agent Provided

    Public tax history

    YearProperty taxesTax assessment
    2024$17,110 +12.6%$763,524 +10%
    2023$15,191 +9.4%$694,113 +10%
    2022$13,892 +14%$631,012 +10%

    Find assessor info on the county website

    Neighborhood: Little Havana

    Nearby schools

    GreatSchools rating
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