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‹›931 SW 3rd Street
931 SW 3rd Street, Miami, FL 33130
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931 SW 3rd Street 931 SW 3rd Street, Miami, FL 33130 For Sale
$18,500,000
931 SW 3rd Street · Miami · Miami
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$18,500,000Asking Price
—Per SqFt
—/—Beds/BathsBd/Ba
—SqFt
MLS A12044485 · 92 days on Zilbert · Listed Jun 17, 2026 · 931 SW 3rd Street, Miami FL 33130Current layoutPhotos first

Property Details

Asking Price$18,500,000
Price per SqFt—
Maintenance feeInquire
Property TaxesNot yet assessed
Interior Space—
Beds/Baths—/—
Year Built1947
Lot Size2.16 acres
MLS #A12044485

Estimated Costs

An estimate of condo or HOA fees and property taxes

From the listing

Rare Urban Garden Apartment Community in the Heart of East Little Havana. Spanning 2.16 acres across twocontiguous parcels totaling 79 units and 58,260 SF of building area, this community offers operational scale, enduring land value, & a residential character difficult to replicate in Miami's urban core.Presenting a rare opportunity to acquire a 79-unit garden apartment community spanning 2.16 acres — an increasingly scarce combination of scale, land, & low-density residential character within Miami's urban core. Originally developed in 1947, the property consists of multiple residential structures in a garden- style setting distinguished by expansive open areas, mature landscaping, and generous green space. The property features a diversified unit mix of 29 two-bedroom residences, 46 one-bedroom residences, and 4 studio apartments, providing broad tenant appeal and durable leasing flexibility. The site's configuration and significant land component create a setting that is increasingly difficult to replicate under today's development conditions. With current in-place gross income of $1,336,754 and pro forma gross income of $1,990,800, the portfolio presents a compelling value- add opportunity with clear rent upside — units currently average below market, offering an investor a 5.93% pro forma cap rate. Residents benefit from convenient access to employment centers while remaining immersed in the culture, dining, and everyday conveniences that define Little Havana.

Listed by Fausto Commercial Realty Consultants Inc

Sales History for This Home · 931 SW 3rd Street, Miami, FL 33130

Sales history is unavailable for this property

Mark Zilbert
Mark Zilbert
Licensed Real Estate Broker · I track every sale in this neighborhood. Ask me about this home or the neighborhood.
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Listed by Fausto Commercial Realty Consultants Inc. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.

Location

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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.