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1132 NW 3rd St, Miami, FL, 33128

--beds
--baths
4,948sqft
$2,250,000
$455price/sqft
$14,027/moest. monthly cost
$561,080/yrincome needed

About This Home

Prime Little Havana location — fully renovated 8-unit multifamily just minutes from Brickell, Downtown Miami, and Jackson Memorial Hospital. This turnkey investment underwent a complete interior and exterior renovation in 2022 and has passed Miami-Dade's mandatory 40-year recertification (2025). Unit mix: 7 × 1BR/1BA + 1 × 2BR/1BA. Every unit features quartz countertops, stainless steel appliances, modern two-tone cabinetry, porcelain tile bathrooms, LVP flooring throughout. Ideal for investors seeking a stabilized, zero-deferred-maintenance asset in one of Miami's most sought-after workforce housing corridors with strong tenant demand and proximity to major employment centers.

Getting Around

89
WalkingVery Walkable
61
TransitGood Transit
67
BikeBikeable

Schools

Construction

Condition

  • Year built: 1925

Materials

  • Roof: Flat Roof With Facade Front
  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Quadruplex

Interior

Heating & Cooling

  • Heating features: Other
  • Cooling features: Electric

Interior Area

  • Total structure area: 4,948
  • Total interior livable area: 4,948 sqft

Property

Details

  • Parcel number: 0141020051760
  • Zoning: 3900

Features

  • Stories: 2

Lot

  • Features: Less Than 1/4 Acre Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Cold Wave
Heat Wave
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,377$136,524
Home Insurance *$635$7,620
Property Taxes $1,518$18,216
Electricity $497$5,975
Total$14,027$168,324
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$480,925/yr
40% on housing$420,810/yr
45% on housing$374,053/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$455This listing

vs Other Active Listings

Avg $/sqft

ZIP 33128$665
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33128$291
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-05Listed for sale$2,600,000
2023-12-18Listing removed--
2023-12-05Price change$2,050
2023-11-08Listed for rent$1,950
2023-10-11Listing removed--
2023-09-21Price change$2,000
2023-09-20Listed for rent$2,100
2020-04-01Listing removed$1,275,000
2019-06-05Price change$1,275,000
2019-01-02Price change$1,200,000
2018-11-26Listed for sale$1,250,000
2017-03-09Listing removed$1,100
2017-02-27Listed for rent$1,100
2016-12-28Sold$950,000

For Sale by Agent

AgentRegulo Pachano
BrokerageThe Agency Florida LLC

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