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329 SW 9th Ave Miami, FL $ 1,495,000
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329 SW 9th Ave
$ 1,495,000
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329 SW 9th Ave

Miami, FL, 33130
$ 1,495,000
Bedrooms2 Baths1.0 Sq 3,380

Monthly Estimate*

$ 9,205

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View a Virtual Tour

Multi-Family Home for sale in Miami, FL

for $1,495,000 with 2 bedrooms and 1 full bath. This 3,380 square foot home was built in 1975.

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 Section 8 tenant with an 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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Multi-Family Active

Price

$ 1,495,000

Bedrooms

2

Full Bath

1

Property Type

Multi-Family

Taxes

$ 13,795

Style

Year Built

1975

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11959419
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Shingle
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1975
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
Community Features Laundry Facilities
County Miami-Dade
Net Operating Income 820244
Operating Expense 26857
Property Type Residential Income
Subdivision Name BRICKELL RIVERVIEW
Rent Includes Gardener Hot Water Pest Control Sewer Trash Collection Water
Full Baths 1
Status Active
Directions Please use GPS navigation
City Miami
Zoning Description 3900
Number Of Units Total 1
MLS Area 41
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA
Year Built Details Effective Year Built
Tax Annual Amount 13795
MLS Area Minor Other Geographic Area (Out Of Area Only)
Virtual Tour https://my.matterport.com/show/?m=AUSECaEvTcM&mls=1
Standard Status Active
Occupancy Type Tenant
Total Actual Rent 107700
Property Sub Type Additional Quadruplex
Legal Description 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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Interior
Flooring Laminate Vinyl
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Half Baths 0
Total Bedrooms 2
Total Baths 0
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Exterior
Exterior Amenities Balcony Fence Security/High Impact Doors
Lot Features < 1/4 Acre
Water Source Public
Total Parking 6
Building Area Total 3380
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Pellego, Llc

Broker

richie@aleriogroup.com

Email

Affordability Calculator

$10,355
Per Month
89%
11%
0%
Monthly Principal & Interest
$9,205
Monthly Property Taxes
$1,150
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
Date Price Price Change Description
2/5/2026 $1,495,000 Listed Price

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329 SW 9th Ave, Miami, FL, 33130 is a Multi-Family Home for sale at $1,495,000 with 3,380 sqft. 329 SW 9th Ave has 2 bedrooms, 1.0 baths, and was built in 1975. The property's zip code is 33130 which is in Miami, FL

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