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11002 SW 3rd St, Sweetwater FL 33174

Multi-family For Sale
$1,200,000

BTC: 20.00000000

ETH: 774.19354839

64 days
0 room(s)
2,246 sqft

Overview

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.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
2003
Lot:
No Data
Heating:
Other
Price/sqft:
$534
Cooling:
Other
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$575,000
$389K – $798K
Confidence Low
List vs. estimate
$625K above estimate
List $1,200,000 · +108.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$534
+12.7% vs. city median $473
Based on
23 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $437K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$14,233
2025
Parking
4 spaces
All facts and features
  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • Other

  • Other Property Information

    • Parcel Number: 25-40-06-001-1180

    • Zoning: 5700

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $14,233

  • Source details

    • MLS ID: A12005209

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 2246

    • Subdivision Name: SWEETWATER GROVES .14 AC

Private inquiry
Talk to the advisor on this listing.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Fairchild Partners, Inc.