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2825 SW 3rd Ave

Miami, FL 33129

$2,050,000 $8,642/Mo

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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.

Property Details

Property Type : ResidentialIncome

Price : $2,050,000

AD Id : 75752153

MLS Id : A11974831

Living Area Size : 2,280

Year Built : 1951

County : Miami-Dade

Subdivision: Brickell Estates

Map

Features

Interior Features

Roof: Flat
Heating & Cooling

Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

Building Information

Year Built: 1951

Building Area Total: 2280

Construction Materials: Block

Stories: 1

Pool Features: None

Private Pool: No

Lot Information

Lot Description: LessThanQuarterAcre

Property Information

Subdivision: BRICKELL ESTATES Source Property Type: ResidentialIncome Postal Code Plus 4: 2345 Zoning Description: 6100 Property SubType: Quadruplex Levels: One Property Age: 75

Listing Price Information

Listing Price: $2050000

Original Price: $2300000

Cash, Conventional

Tax Information

Parcel Number: 01-41-38-009-1160 Tax Year: 2025 Annual Tax: $29382 Tax Legal Desc: 38-39 54 41 BRICKELL ESTATES PB 17-50 LOTS 5 & 6 BLK 22 LOT SIZE 50.000 X 125 0R 13634-1197 0489 5 COC 22644-3793 08 2004 1

Parking Information

Parking Total: 6

Utility Information

CableAvailable
Location Information

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ByOwner last updated this listing 06/05/2026 @ 14:52

MLS: A11974831 LISTED BY: Arthur Porosoff, Compass Florida, LLC 305-851-2820 SOURCE: SEFMIAMI