$1,200,000

$534/sq ft

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Overview

Year Built

2003

Sqft

2246

Property 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.

Property Details

MLS#

A12005209

Total Floor in Bldg

1

Address

11002 3rd St SW

City

Sweetwater

State/county

FL

Zip/Postal Code

33174

Area

Sweetwater Groves .14 Ac

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$14,233

Maint Fee

$--

Tax Year

2025

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Boris Gelfand