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2825 SW 3rd Ave
Listing Details
- $2,050,000
- MLS# A11974831
- Type Multi Unit - Multiple
- Status Active
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 thePA 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... Read more
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All Property Features
- Property Type: Multi Unit - Multiple
- Cooling: Central Air
- Crops Included Y/N: No
- Days on Site: 111
- Exterior: Concrete Block Construction
- Flooring: Other
- Heating: Central
- Home Style: Attached
- Home Warranty Y/N: No
- Lease Considered Y/N: No
- Listing Terms: All Cash, Conventional
- Lot Description: Less Than 1/4 Acre Lot
- Parcel#: 01-41-38-009-1160
- Property Attached Y/N: No
- Property Sub-Type: Quadruplex
- Roof Type: Flat Roof With Facade Front
- Sewer: Public Sewer
- Stories: 1.0
- Taxes: $29,382
- Units: 6
- Year Built: 1951