1248-1258 SW 3rd Street, Miami, FL 33135 (MLS# A12099656)

1248-1258 SW 3rd Street, Miami, FL 33135

$3,895,000

Multi-unit structure featuring a stucco exterior with arched doorways and terracotta roof tiles

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12099656

Two-story building featuring a stucco exterior with red trim, multiple windows, and a paved front area

Stucco exterior featuring red trim, decorative metal fencing, mature palm trees, and established landscaping

Textured stucco exterior with red tile roofing

Urban landscape featuring a prominent cityscape in the background

Expansive urban landscape featuring diverse architectural styles, tree-lined streets, and a prominent stadium structure

Aerial perspective showcasing a dense urban landscape with varied architectural styles, extensive tree canopy, and multiple commercial and residential buildings

Expansive urban landscape with extensive tree canopy, diverse architecture, and established roadways

Aerial perspective of a developed urban area featuring diverse building types, mature tree canopy, and a visible body of water in the distance

Multiple two-story structures with flat roofs, paved parking areas, and mature landscaping

Property Type: Residential Income Square Footage: 6,500 Status: Active

Current Price: $3,895,000 List Date: 10/13/2026 Last Modified: 10/14/2026

Overview

Description

2 buildings with large car port area in the middle for sale, total lot size over 15k sq ft, 13 units taking in $22k per month and can increase rents. Opportunity to build a new multi family, great covered land play earning income while planning and design.

Listing Details MLS# A12099656

General Property Information

Number Of Units Total: Yes
Property Sub Type: Quadruplex
Building Area Main: 6500
Living Area Main: 6000
Adjusted Area Main: 6500
Year Built: 1937
Lot Size Dimensions: 23500
Stories Total: 2
Pool Private YN: No

Property Features

Documents Available: Financial Statement; Other Available Information; Rent Rolls Flooring: Tile; Vinyl Property Condition: Resale Structure Type: Multi Family Construction Materials: CBS; Concrete Block - No Stucco Cooling: Wall/Window Unit(s) Heating: Window/Wall Listing Terms: Cash; Conventional Possession: Negotiable Roof: Barrel; Flat; Tile Sewer: Public Sewer Tax Information: City/County Utilities: Cable Available Showing Requirements: 24 Hour Notice; Appointment Only Unit 1 Parking Features: On Street Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 3895000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 1248-1258
Street Direction Prefix: SW
Street Name: 3rd
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33135
Postal Zip: 33135
Subdivision Name: LAWRENCE ESTATES LAND COS
Area: 2410
Elementary School: Riverside (Miami-Dade)
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0141020063870
Subdivision Number: 6
Zoning: 3901
Flood Zone: X

Financial Information

Tax Annual Amount: 12942
Tax Year: 2024
Tax Legal Description: 2 54 41 PB 2-46 LAWRENCE ESTATE LAND COS SUB LOT 7 BLK 90 LOT SIZE 7500 SQUARE FEET OR 12360-3655 1284 1

Status Change Information

Major Change Timestamp: 2026-10-13T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-10-13

More Information

Income and Expenses

Gross Income: 17000

Unit 1 Details

Actual Rent: 17000
Baths Full: 6
Efficiency YN: No
Furnished: Unfurnished

Unit 1 Lease Description

Lease Term: Month To Month

Price Calculations

Current Price To SqFt: 649.16

Section Details

Parcel Number MLX: 3870

Originating Details

Originating System Key: 565573663
Originating System ID: M00000151

Listing Office: Douglas Elliman

Last Updated: October - 14 - 2026

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