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Single Family Residence
$595,000$435 / sqft
3085 NW 3rd St, Miami FL 33125
Listed
3
Bedrooms
2
Bathrooms
1,367 sqft
Interior
1925
Year built
None
HOA
Single Family Residence
Type
About this home
Discover this unique property at 3085 NW 3rd Street, Miami, FL, offering an excellent opportunity for homeowners, investors, or multigenerational families. The property features a spacious 2-bedroom, 1-bathroom main residence with a brand-new roof, updated kitchen, upgraded electrical, and all-new appliances. Adding tremendous value and versatility is a detached living unit, also featuring a new roof, updated kitchen, and brand-new appliances. This additional living space offers excellent potential for rental income, extended family accommodations, or multigenerational living arrangements. Ideally located in the heart of Miami, just minutes from Coral Gables, Little Havana, Downtown Miami, Brickell, and major transportation corridors, the property provides convenient access to shopping, dining, entertainment, and employment centers. Whether you're looking for a primary residence with additional income potential or a flexible living arrangement for extended family, this property presents a rare combination of location, recent improvements, and versatility!
Features
- First Floor Entry
- Cottage
- Maid/In-Law Quarters
- Studio Apartment
- None
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,100.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.