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28930870
28930871

858 NW 3rd St, Miami, FL 33128

AP
FL 3160379
Porosoff Group
JU
FL BK3358462
Porosoff Group
AL
FL 3404498, FL Fl3404498
Porosoff Group
Listed by Porosoff Group
$7,140,000
188 days on market
Updated 14 days ago

858 NW 3rd St - 24 Units $295K Unit

Details
APN 01-41-38-003-3540
Property Type Multifamily
Sub Type Apartment Building, Apartment/Condo
Square Footage 16,606
Net Rentable (SqFt) 16,606
Units 24
Cap Rate 6.00%
Price per SqFt $430
Class C
Year Built 1925
Year Renovated 2025
Buildings 2
Stories 2
Lot Size (SqFt) 15,000
Zoning 3900
Ownership Fee Simple

Multifamily | 24 Units | $297,500/unit

Marketing description

Fully renovated 24-unit multifamily property located in the heart of Little Havana, Miami, FL. The property underwent a complete structural renovation in 2025, with all work completed with permits, and offers investors a true turnkey opportunity in one of Miami’s most sought-after urban neighborhoods. Little Havana is a dense, high-demand submarket with nearly 300,000 residents within a three-mile radius, making it ideal for multifamily housing serving tenants seeking proximity to employment centers at more affordable rents than Brickell or Downtown. The property is located just minutes from Brickell, South Florida’s premier financial district and a major hub for international banking, finance, dining, and entertainment. This asset benefits from strong rental demand, modern upgrades, low ongoing maintenance requirements, and proximity to major employment and lifestyle drivers, making it well-positioned for stable cash flow and long-term appreciation.

Investment highlights

• Turnkey Property with New Annual Leases

• 2025 Complete Structural Renovation - All Work Done with Permits

• 40/50 Year Recertification Completed in 2025

• All Impact Windows and Doors

• On-Site Parking

• Washer and Dryer in All Units

• Brand New Stainless Steel Appliances

• All 24 Units Are 2-Bedroom/1 Bath Units

• Very Low Maintenance Costs / Minimal Upkeep of Landscaping and Common Areas

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Listing Contacts

AP
FL 3160379
Porosoff Group
JU
FL BK3358462
Porosoff Group
AL
FL 3404498, FL Fl3404498
Porosoff Group
Listed by Porosoff Group

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Zoning

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T4-R MixedMixed UseGeneral Urban Transect Restricted
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Last updated May 25, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Arthur Porosoff
License
3160379
Name
Javier Ubeda
License
BK3358462
Brokerage
Compass
Name
Alessandro Lima
License
3404498
Brokerage
Compass Commercial
Brokerage Phone
3052814469
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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