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$ 1,200,000
Est. payment /mo
New
11002 SW 3rd St Sweetwater, FL 33174
2,246 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,246 sqft
Price per Sqft $534
Subdivision Sweetwater Groves .14 Ac
MLS Listing ID A12005209
HOA Y/N No
Year Built 2003
Annual Tax Amount $14,233
Tax Year 2025
Property Sub-Type Duplex
Property Description
Prime Sweetwater Assemblage – Income-Producing with Redevelopment Upside
Rare opportunity to acquire a ±36,400 SF assemblage of duplex units in the highly sought-after Sweetwater submarket of Miami, adjacent to Florida International University. The property is currently fully leased, providing immediate and stable in-place income, while offering significant long-term upside through redevelopment.
This unique offering allows a new owner to generate cash flow from day one while advancing plans for a higher and better use. The site's scale and configuration make it well-suited for a variety of redevelopment options, including multifamily, student housing, or mixed-use, subject to zoning and approvals.
Positioned in a rapidly evolving corridor, the property benefits from strong rental demand driven by proximity to FIU, major employment centers, and ongoing residential and commercial development throughout Sweetwater and West Miami-Dade.
Rare opportunity to acquire a ±36,400 SF assemblage of duplex units in the highly sought-after Sweetwater submarket of Miami, adjacent to Florida International University. The property is currently fully leased, providing immediate and stable in-place income, while offering significant long-term upside through redevelopment.
This unique offering allows a new owner to generate cash flow from day one while advancing plans for a higher and better use. The site's scale and configuration make it well-suited for a variety of redevelopment options, including multifamily, student housing, or mixed-use, subject to zoning and approvals.
Positioned in a rapidly evolving corridor, the property benefits from strong rental demand driven by proximity to FIU, major employment centers, and ongoing residential and commercial development throughout Sweetwater and West Miami-Dade.
Location
State FL
County Miami-dade
Community Sweetwater Groves .14 Ac
Area 40
Interior
Heating Other
Cooling Other
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Roof Type Shingle
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Others
Tax ID 25-40-06-001-1180
Acceptable Financing Other
Listing Terms Other
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12005209

Listed by Fairchild Partners, Inc.
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