2825 Sw 3rd Ave, Miami, FL 33129

$2,050,000
2,280
SqFt

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List Price
$2,050,000
Price Change
▼ $250,000 1776393231
MLS#
A11974831
Sq. Ft
2,280
Subtype
Quadruplex
County
Miami-Dade
Community
Brickell Estates
Subdivision
Brickell Estates
Year Built
1951

Property Description

The property consists of a 2,280 SF building situated on a 6,250 SF lot in the Brickell Estates subdivision. Originally built in 1951 with improvements added in 1990. It features six studio/1-bath units, all currently occupied with strong rental demand driven by the prime location. The municipal zoning is T6-8-O and the PA zone is 6100 (Commercial-Neighborhood), offering potential for future redevelopment under Miami 21 code. The property is 100% occupied by six tenants generating $9,725 per month in gross rental income. The unit mix consists entirely of studio/1-bath apartments averaging $1,621/month, which remains competitive for the Brickell/Coral Way corridor. Recent lease-ups in mid-2025 at $1,625-$1,700/month confirm strong market demand and upward rent trajectory.

Additional Information

Status Label
ACTIVE
Construction
Concrete Block Construction
Cooling
Central Air
Flooring
Other
Heating
Central
Lot Description
Less Than 1/4 Acre Lot
Roof
Flat Roof With Facade Front
Taxes
$29,382
Total Floors
1
Stories
1
Roofing
Flat Roof With Facade Front
Price Per Sqft
$899

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Listing Courtesy Of Compass Florida, LLC, Contact: