329 SW 9th Ave, Miami FL 33130 | Miami-Dade County | A11959419
- $1,495,000
- Quadruplex
- 3380 Square Feet
- $1,495,000
Description
Alerio Group is proud to exclusively present 870 SW 3rd Street, a boutique 4-unit multifamily property located in the heart of Little Havana.
This meticulously maintained asset features four 2-bedroom, 1-bath units, currently rented at $2,250 x 3 and 1x @ $2225, delivering high in-place income at a 5.5% CAP rate with upside potential. The property has undergone extensive upgrades both inside and out. All of the unit interiors have been fully remodeled and include impact windows, a new roof, central air conditioning in all units, six on-site parking spaces, new asphalt paving, a new fence including dumpster enclosure, and new railings. All work was done with permits. Additional income is generated through on-site coin-operated laundry (1 new washer / 1 dryer).
Designed for ease of ownership, this low-maintenance building is simple to manage and offers the ability to further increase rents. All tenants are secured with annual leases except one MTM lease.
Located in one of the strongest rental markets in the country, this Little Havana multifamily asset offers durable cash flow, inflation resistance, and long-term appreciation potential. This offering will not last.
Address
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Address: 9th Ave
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33130
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Area: BRICKELL RIVERVIEW
Details
Updated on February 21, 2026 at 4:11 am-
Property ID A11959419
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Price $1,495,000
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Property Size 3380 Square Feet
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Year Built 1975
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Type Quadruplex
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Property Status Residential Income
Additional details
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BuildingAreaTotal 3380
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BuildingAreaUnits Square Feet
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BuildingFeatures Laundry Facility
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BuildingName BRICKELL RIVERVIEW
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ConstructionMaterials CBS Construction
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ContractStatusChangeDate 2026-02-05
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Cooling Central Air, Electric
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DaysOnMarket 15
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Directions Please use GPS navigation
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DocumentsAvailable Deposit Held, Deposit - Security, Copy Of Lease(S), Rent Rolls, Existing Survey
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DoorFeatures High Impact Doors
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ExpirationDate 2026-12-31
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Fencing Fenced
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Flooring Vinyl
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Heating Central, Electric
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 786-301-9051
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ListingTerms All Cash, Conventional, FHA
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LotFeatures Less Than 1/4 Acre Lot
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LotSizeSquareFeet 0
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MLSAreaMajor Brickell Riverview
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MajorChangeTimestamp February 5, 2026 at 09:00pm
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp February 20, 2026 at 09:41pm
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NetOperatingIncome 820244
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NumberOfUnitsInCommunity 4
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NumberOfUnitsTotal 4
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OnMarketDate 2026-02-05
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OperatingExpense 26857
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OriginalEntryTimestamp February 5, 2026 at 09:00pm
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OriginalListPrice 1495000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 01-41-38-003-3960
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ParkingTotal 6
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PhotosChangeTimestamp February 5, 2026 at 09:02pm
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PhotosCount 98
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PostalCodePlus4 2251
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PriceChangeTimestamp February 4, 2026 at 11:18pm
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PublicSurveyRange 41
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PublicSurveySection 38
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PublicSurveyTownship 41
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RentIncludes Hot Water, Gardener, Pest Control, Sewer, Trash Collection, Water
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Roof Shingle
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Sewer Public Sewer
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ShowingContactType Agent
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ShowingInstructions Appointment Only, Call Listing Agent, See Broker Remarks
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SourceSystemKey 426373196
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StateOrProvince FL
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StatusChangeTimestamp February 5, 2026 at 09:00pm
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Stories 2
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StoriesTotal 2
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StreetDirPrefix SW
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StreetName 9th Ave
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StreetNumber 329
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StreetNumberNumeric 329
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StructureType Quadruplex, Fourplex
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SyndicationRemarks Alerio Group is proud to exclusively present 870 SW 3rd Street, a boutique 4-unit multifamily property located in the heart of Little Havana. This meticulously maintained asset features four 2-bedroom, 1-bath units, currently rented at $2, 250 x 3 and 1x @ $2225, delivering high in-place income at a 5.5% CAP rate with upside potential. The property has undergone extensive upgrades both inside and out. All of the unit interiors have been fully remodeled and include impact windows, a new roof, central air conditioning in all units, six on-site parking spaces, new asphalt paving, a new fence including dumpster enclosure, and new railings. All work was done with permits. Additional income is generated through on-site coin-operated laundry (1 new washer / 1 dryer). Designed for ease of ownership, this low-maintenance building is simple to manage and offers the ability to further increase rents. All tenants are secured with annual leases except one MTM lease. Located in one of the strongest rental markets in the country, this Little Havana multifamily asset offers durable cash flow, inflation resistance, and long-term appreciation potential. This offering will not last.
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TaxAnnualAmount 13795
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TaxLegalDescription 38 54 41 BRICKELL RIVERVIEW PB 5-43 N50FT LOTS 11 - 12 BLK 28 LOT SIZE 5000 SQUARE FEET OR 16319-0596 0393 4
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TaxYear 2025
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TotalActualRent 107700
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WaterSource Municipal Water
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WindowFeatures Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
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YearBuiltDetails Effective Year Built
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Zoning 3900
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