Active

2990 SW 3rd Street

Miami, FL 33135

$799,000 $3,368/Mo

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Overview

Bed

Bath

2,288

Sqft

Description

Incredible opportunity to own a well-located multifamily property on an expansive 7,500 SF lot in the heart of Miami. Featuring a brand NEW barrel tile roof completed in 2026, the property consists of two 2-bedroom/1-bath units, and a studio efficiency. It includes a true 1-car garage, two sets of full size washer and dryers, and two electric meters. The property is currently occupied by reliable, long-term tenants, offering immediate income potential for investors seeking stable cash flow. The oversized lot is enhanced by mature mango and avocado trees, and sits near the end of a dead-end street. Ideally located near Coral Gables, Brickell, Downtown Miami, and Miami International Airport, the property offers strong rental demand and long-term upside. Continue operating as-is for dependabl e income, or add value over time through cosmetic updates and rental increases. Excellent opportunity for investors or an owner to live in one unit and rent the others.

Property Details

Property Type : ResidentialIncome

Price : $799,000

AD Id : 79353965

MLS Id : A12025639

Beds : 5

Living Area Size : 2,288

Year Built : 1939

County : Miami-Dade

Subdivision: Lawrence Estate Land

Map

What's Nearby

Nearby Areas

Features

Interior Features

Roof: Barrel
Heating & Cooling

Has Heating: Yes Heating: Central, SeparateMeters Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 1939

Building Area Total: 2508

Construction Materials: Block

Private Pool: No

Listing Price Information

Listing Price: $799000

Cash, Conventional, VaLoan

Tax Information

Parcel Number: 0141030401900 Tax Year: 2025 Annual Tax: $9176 Tax Legal Desc: CENTRAL PARK PB 5-57 LOT 11 BLK 11 LOT SIZE 50.000 X 150 OR 16690-3608 1194 4

Parking Information

Parking Total: 4

School Information

Elementary School: Auburndale Junior High School: Citrus Grove Senior High School: Miami
Utility Information

CableAvailable
Location Information

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
244 SW 36th Ave, Miami, FL, 33135	$649,000	6	3	1,847	1,847 SqFt
2135 SW 4th St, Miami, FL, 33135	$739,000	--	--	1,544	1,544 SqFt
1010 SW 14th Ave, Miami, FL, 33135	$1,350,000	--	--	2,600	2,600 SqFt
3410 SW 11th St, Miami, FL, 33135	$875,000	--	--	3,359	3,359 SqFt
3431-3433 SW 4th St, Miami, FL, 33135	$1,249,000	8	6	3,429	3,429 SqFt
1736 SW 9th St, Miami, FL, 33135	$1,895,000	9	4	3,849	3,849 SqFt
1565 SW 6th St, Miami, FL, 33135	$2,390,000	--	--	4,712	4,712 SqFt
Residentialincome, Miami, FL, 33135	$850,000	4	2	1,410	1,410 SqFt
3270 SW 7th St, Miami, FL, 33135	$1,050,000	6	4	2,752	2,752 SqFt
2619 SW 5th St, Miami, FL, 33135	$975,000	6	4	2,582	2,582 SqFt

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ByOwner last updated this listing 06/18/2026 @ 09:02

MLS: A12025639 LISTED BY: Eric Farmelant, Compass Florida, LLC 305-697-5402 SOURCE: Beaches MLS