Price Reduced 10.87%

$2,050,000 ($899.12 per sqft)

Est. Mortgage $10,231/mo *

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Price History

$2,300,000
3/2/2026

$2,050,000
4/16/2026

2825 SW 3rd Ave, Miami, FL, 33129

2825 SW 3rd Ave, Miami, FL, 33129
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1951

Fourplex

2,280 sqft

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.

Status:

Active

Type:

Multi-family

Zoning:

6100

Subdivision:

BRICKELL ESTATES

Heating:

Central

Cooling:

Central Air

Parking:

6-car

Est. Taxes:

$29,382

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

45

Pool:

None

MLS #:

A11974831

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of COMPASS FLORIDA, LLC 305-851-2820