Active

11002 SW 3rd St

Sweetwater, FL 33174

$1,200,000 $5,059/Mo

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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 deman d driven by proximity to FIU, major employment centers, and ongoing residential and commercial development throughout Sweetwater and West Miami-Dade.

Property Details

Property Type : ResidentialIncome

Price : $1,200,000

AD Id : 77640826

MLS Id : A12005209

Living Area Size : 2,246

Year Built : 2003

County : Miami-Dade

Subdivision: Sweetwater Groves

Map

Features

Interior Features

Roof: Shingle
Heating & Cooling

Heating: Other Cooling: Other

Building Information

Year Built: 2003

Building Area Total: 2378

Construction Materials: Block

Stories: 1

Pool Features: None

Private Pool: No

Lot Information

Lot Description: LessThanQuarterAcre

Property Information

Subdivision: SWEETWATER GROVES .14 AC Source Property Type: ResidentialIncome Postal Code Plus 4: 1220 Zoning Description: 5700 Property SubType: Duplex Levels: One Property Age: 23

Listing Price Information

Listing Price: $1200000

Other

Tax Information

Parcel Number: 25-40-06-001-1180 Tax Year: 2025 Annual Tax: $14233 Tax Legal Desc: 6 54 40 SWEETWATER GROVES PB 8-50 N1/2 OF W620FT LESS W560FT OF LOT 4 BLK 21 LOT SIZE 60.000 X 140 OR 19099-1180 0400 2

Parking Information

Parking Total: 4

Utility Information

CableAvailable
Location Information

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
11136 SW 5th St, Sweetwater, FL, 33174	$741,210	4	2	1,794	1,794 SqFt
11021 SW 4th St, Sweetwater, FL, 33174	$1,150,000	4	3	3,156	3,156 SqFt

Similar Multifamily To 11002 SW 3rd St

Nearby For Sale

Active

$741,210

Multifamily For Sale

11136 SW 5th St,
Sweetwater, FL, 33174

Bed

Bath

Sqft

11002 SW 3rd St,
Sweetwater, FL, 33174

Active

$1,150,000

Multifamily For Sale

11021 SW 4th St,
Sweetwater, FL, 33174

Bed

Bath

3,156

Sqft

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ByOwner last updated this listing 06/11/2026 @ 05:27

MLS: A12005209 LISTED BY: Jonathan Lay, Fairchild Partners, Inc. 305-668-0620 SOURCE: SEFMIAMI