2825 Sw 3rd Ave, Miami, FL 33129
- $2,050,000
- 2,280
- SqFt
- List Price
- $2,050,000
- Price Change
- ▼ $250,000 1776393231
- MLS
- A11974831
- Complex Name
- Brickell Estates
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 2,280
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.
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Additional Information
- Days on Market
- 151
- Style
- Quadruplex, Fourplex
- #Parking Spaces
- 6
- Year Built
- 1951
- Development Name
- Brickell Estates
- #Stories
- 1
- Construction Type
- Concrete Block Construction
- Section
- 38
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Listing Courtesy of Compass Florida, LLC, Contact: