8
  • Type
  • Quadruplex
  • 2280 Square Feet
  • Area Size
2825 SW 3rd Ave, Miami FL 33129 | Miami-Dade County | A11974831
  • $2,050,000

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.

  • Address: 3rd Ave
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33129
  • Area: BRICKELL ESTATES

Details

Updated on April 17, 2026 at 2:51 am
  • Property ID A11974831
  • Price $2,050,000
  • Property Size 2280 Square Feet
  • Year Built 1951
  • Type Quadruplex
  • Property Status Residential Income

Additional details

  • ArchitecturalStyle Attached
  • BuildingAreaTotal 2280
  • BuildingAreaUnits Square Feet
  • BuildingName BRICKELL ESTATES
  • ConstructionMaterials Concrete Block Construction
  • ContractStatusChangeDate 2026-03-02
  • Cooling Central Air
  • DaysOnMarket 45
  • DocumentsAvailable Copy Of Lease(S), Rent Rolls
  • ExpirationDate 2026-08-26
  • Flooring Other
  • Heating Central
  • InternetAddressDisplayYN 1
  • InternetAutomatedValuationDisplayYN 1
  • InternetConsumerCommentYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR A-Miami Association of REALTORS
  • ListAgentDirectPhone 305-209-8866
  • ListingTerms All Cash, Conventional
  • LotFeatures Less Than 1/4 Acre Lot
  • LotSizeSquareFeet 0
  • MLSAreaMajor Brickell Estates
  • MajorChangeTimestamp April 16, 2026 at 09:25pm
  • MajorChangeType Price Decrease
  • MlsStatus Active
  • ModificationTimestamp April 16, 2026 at 09:25pm
  • NumberOfUnitsInCommunity 0
  • NumberOfUnitsTotal 6
  • OnMarketDate 2026-03-02
  • OriginalEntryTimestamp March 2, 2026 at 07:19pm
  • OriginalListPrice 2300000
  • OriginatingSystemID miamire
  • OriginatingSystemKey miamire
  • OriginatingSystemName Miami Association of REALTORS®
  • OtherExpense 0
  • ParcelNumber 01-41-38-009-1160
  • ParkingTotal 6
  • PhotosChangeTimestamp March 4, 2026 at 03:12pm
  • PhotosCount 8
  • PostalCodePlus4 2345
  • PreviousListPrice 2300000
  • PriceChangeTimestamp April 16, 2026 at 09:25pm
  • PublicSurveyRange 41
  • PublicSurveySection 38
  • PublicSurveyTownship 41
  • RentIncludes Hot Water, Sewer, Trash Collection, Water
  • Roof Flat Roof With Facade Front
  • Sewer Public Sewer
  • ShowingInstructions 24 Hour Notice, Appointment Only
  • SourceSystemKey 437770117
  • StateOrProvince FL
  • StatusChangeTimestamp March 2, 2026 at 07:19pm
  • Stories 1
  • StoriesTotal 1
  • StreetDirPrefix SW
  • StreetName 3rd Ave
  • StreetNumber 2825
  • StreetNumberNumeric 2825
  • StructureType Quadruplex, Fourplex
  • SyndicationRemarks 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.
  • TaxAnnualAmount 29382
  • TaxLegalDescription 38-39 54 41 BRICKELL ESTATES PB 17-50 LOTS 5 & 6 BLK 22 LOT SIZE 50.000 X 125 0R 13634-1197 0489 5 COC 22644-3793 08 2004 1
  • TaxYear 2025
  • YearBuiltDetails Resale
  • Zoning 6100

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Christopher Lazaro

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