• Skip to main content

A Lugo Realty

Real Estate

  • Search
  • Buy
    • Homes for sale
    • New constructions
    • Foreclosures
    • Shortsales
    • Looking to a Buy
  • Rent
    • Homes for rent
    • Condos for Rent
    • All rentals
  • Sell
  • What is your home worth?
  • Mortgage Calculator
  • Contact

Properties

Search
Dashboard
Listings
Searches
Sign in / Sign up
Save
Ask
Tour
Hide
Share
$18,500,000
125 Days On Site

931 SW 3rd St
Miami, FL 33130

For Sale|Multi Family|Active
0
Beds
0
Total Baths
58,260
SqFt
$318
/SqFt
1947
Built
County:
Miami-Dade
931 SW 3rd St931 SW 3rd St931 SW 3rd St931 SW 3rd St
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

Enter an interest rate to see your estimated monthly payment.
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Photos
Map
Nearby Listings
Virtual Tour

Rare Urban Garden Apartment Community in the Heart of East Little Havana. Spanning 2.16 acres across two contiguous parcels totaling 79 units and 58,260 SF of building area, this community offers operational scale, enduring land value, & a residential character difficult to replicate in Miami's urban core. Presenting a rare opportunity to acquire a 79-unit garden apartment community spanning 2.16 acres — an increasingly scarce combination of scale, land, & low-density residential character within Miami's urban core. Originally developed in 1947, the property consists of multiple residential structures in a garden- style setting distinguished by expansive open areas, mature landscaping, and generous green space. The property features a diversified unit mix of 29 two-bedroom residences, 46 one-bedroom residences, and 4 studio apartments, providing broad tenant appeal and durable leasing flexibility. The site's configuration and significant land component create a setting that is increasingly difficult to replicate under today's development conditions. With current in-place gross income of $1,336,754 and pro forma gross income of $1,990,800, the portfolio presents a compelling value- add opportunity with clear rent upside — units currently average below market, offering an investor a 5.93% pro forma cap rate. Residents benefit from convenient access to employment centers while remaining immersed in the culture, dining, and everyday conveniences that define Little Havana.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$18,500,000
Days On Site 
125 Days
Bedrooms 
N/A
Inside Area (SqFt) 
58,260 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
2.161 Acres
Year Built 
1947
MLS Number 
A12044485
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
React
Comment
Invite
No Comments Yet

Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.

What's This?
Private
Recent Activity
4 months agoStatus changed to Active
4 months agoPrice changed to $18,500,000
4 months agoListing updated with changes from the MLS
4 months agoListing first seen on site
General Features
Property Sub Type 
Multi Family
SqFt Total 
58260
Zoning 
T4-R
Save
Ask
Tour
Hide
Share
Community Features
MLS Area 
41
Listing courtesy of Fausto Commercial Realty Consultants Inc

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Powered by Showcase IDX, a Constellation1 Company
Save
Ask
Tour
Hide
Share

Copyright © 2026 · Genesis Framework · WordPress · Log in