11034 SW 3rd St, Sweetwater, FL 33174
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11034 SW 3rd St, Sweetwater, FL 33174
11034 SW 3rd St, Sweetwater, FL 33174
11034 SW 3rd St, Sweetwater, FL 33174
11034 SW 3rd St, Sweetwater, FL 33174
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 6,000,000
Est. payment /mo
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11034 SW 3rd St Sweetwater, FL 33174

11,461 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,461 sqft

Price per Sqft $523

MLS Listing ID A12043109

HOA Y/N No

Year Built 2011

Lot Size 0.836 Acres

Property Sub-Type Multi Family

Property Description

Prime Sweetwater area land Assemblage and covered land play. Income-Producing with Redevelopment Upside, Rare opportunity to acquire a ±36,400 SF assemblage of 5 duplex units in the highly sought-after Sweetwater submarket of Miami, adjacent to Florida International University (FIU). 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 units are located in an RD Zoning presently but directly next to University District Zoning (UD) which if expanded as per expansion language in City Codes would allow for it to be well-suited for a variety of redevelopment options, including multifamily, student housing, or mixed-use, subject to zoning and approvals by City of Swettwater. 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. The section in which it is referred to is “City's University District overlay expansion provisions pursuant to Section 2.05.25 of the Sweetwater Land Development Code"

Location

State FL

County Miami-dade

Area 40

Direction This property is located in the Sweetwater area of western Miami-Dade County, immediately west of the City of Miami and adjacent to the main campus of Florida International University (FIU). close proximity to exit of Florida Turnpike and SW 8 streetC

Exterior

Private Pool Yes

Building

Story 1

Level or Stories One

Others

Tax ID 25-40-06-001-1187

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12043109

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fairchild Partners, Inc.
Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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11034 SW 3rd St

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