2825 SW 3rd Ave, Miami FL 33129
$2,050,000
$899.12/Sq Ft
- N/A Beds
- N/A Baths
- N/A Parking
- 2280 ft²
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.
Marvel Avellanet
Real Estate Broker
Estimate Payments
Technical Summary
| Price | $2,050,000 |
|---|---|
| Beds | N/A |
| Baths | N/A |
| Area | 2280 ft² |