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$1,495,000
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Property 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 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.
Full Property Details
Full Property Details for 329 SW 9th Ave
General
- Price: $1,495,000
- Taxes: $13,795 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A11959419
- Updated: 2/5/2026
- Added to Site: 15 day(s) ago
Rental Information
- Rent Includes: Hot Water, Gardener, Pest Control, Sewer, Trash Collection, Water
Interior
- Interior Features: Stairs
- Flooring: Vinyl
Exterior
- Exterior Features: Balcony
Parking
- Total Spaces: 6
Location
- Area: Brickell Riverview
- County: Miami-Dade County
- Subdivision: BRICKELL RIVERVIEW
- Building Name: BRICKELL RIVERVIEW
- Driving Directions: Please use GPS navigation
Community
- Community Name: Brickell Riverview
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Structure Type: Quadruplex, Fourplex
- Detached/Attached: Detached
- Construction: CBS Construction
- Roof: Shingle
- Windows: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass
- Doors: High Impact Doors
- Stories/Levels: 2
- Building Size: 3380
- Square Feet: 3,380
- Living Area: 3,380 Sq. Ft.
- Year Built: 1975
- Other Struct. Feat.: Laundry Facility
Unit Information
- Units in Complex: 4
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 3900
- Fencing (Description): Fenced
Financial Considerations
- Price Per Sq. Ft.: $442.31
- Operating Expenses: $26,857
- Tax Amount: $13,795
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Documents Avail.: Deposit Held, Deposit - Security, Copy Of Lease(S), Rent Rolls, Existing Survey
- 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
- Property ID: 01-41-38-003-3960
Listed by Pellego, LLC
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Schools
Schools serving 329 SW 9th Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Riverside Elementary Community School 1190 Southwest 2nd Street, Miami, FL 33130 | PK-5 | 0.3 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.5 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 329 SW 9th Ave
Date
Details
Price
Change
Source
2/05/2026
Listed
$1,495,000
116.67%
MLS
12/13/2019
Sold
$690,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 329 SW 9th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,974
11%
$768,444
21%
2023
$11,657
24%
$633,967
43%
2021
$9,390
-10%
$441,935
-20%
2022
$10,457
11%
$552,184
37%
2021
$9,390
19%
$404,287
15%
2019
$7,866
10%
$350,486
10%
2018
$7,166
9%
$318,624
-10%
2017
$6,580
14%
$353,165
34%
2016
$5,769
8%
$263,327
10%
2015
$5,323
4%
$239,389
6%
2014
$5,127
4%
$226,090
4%
2013
$4,926
—
$217,473
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 329 SW 9th Ave
329 SW 9th Ave, Miami, FL 33130 (MLS# A11959419) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 329 SW 9th Ave is currently listed for $1,495,000 and was received on February 05, 2026. Want to learn more about 329 SW 9th Ave? Do you have questions about finding other Multi-Family real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

