11002 SW 3rd St, Sweetwater FL 33174 | Miami-Dade County | A12005209
  • $1,200,000

Description

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.

Property Overview

This two-unit home is part of a larger assemblage of duplex properties on a .14-acre site in Sweetwater, offering a combined total of 36,400 square feet. The property is currently fully leased and generating income, with the potential for long-term value through redevelopment. Built in 2003, each unit has 2,246 square feet of living space, and together the units form a stable and well-maintained asset in a growing neighborhood. The property is located at 11002 SW 3rd St and sits in a corridor undergoing active development. Its proximity to Florida International University and key employment centers supports consistent rental demand. While it's zoned for current use, the site’s scale and layout could support a range of future uses, including multifamily, student housing, or mixed-use, depending on applicable zoning and approvals. This offering is ideal for investors seeking immediate cash flow and long-term potential. With a purchase price of $1,200,000, the property represents a rare opportunity in a dynamic market. For more information or to discuss the details, call 305-859-4733.

Frequently Asked Questions

What is the price for the Sweetwater Groves .14 AC duplex?

The price is $1,200,000.

How many square feet of living area does the property have?

The property has 2,246 square feet of living area.

What year was the duplex built?

The duplex was built in 2003.

Where is the property located?

The property is located at 11002 SW 3rd St, Sweetwater, FL 33174.

Is the property currently generating income?

Yes, the property is currently fully leased and generating income.

What types of redevelopment options might be available for this property?

The property’s size and location make it potentially suitable for redevelopment into multifamily, student housing, or mixed-use, subject to zoning and approvals.
  • Address: 3rd St
  • City: Sweetwater
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33174
  • Area: SWEETWATER GROVES .14 AC

Details

Updated on June 27, 2026 at 3:58 am
  • Property ID A12005209
  • Price $1,200,000
  • Property Size 2246 Sq Ft
  • Year Built 2003
  • Type Duplex
  • Property Status Active, Residential Income

Additional details

  • Flooring Other
  • Cooling Other
  • Association Type None
  • Building SWEETWATER GROVES .14 AC
  • Area Sweetwater Groves .14 Ac
  • Annual Tax 14233
  • Association No
  • Private Pool No
  • Waterfront No
  • Subdivision SWEETWATER GROVES .14 AC
  • Total Stories 1
  • Heating Other
  • Structure Type Duplex
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 2378
  • Year Built Details Effective Year Built
  • Flood Zone AH
  • New Construction No
  • Style Duplex
  • Lot Size (Sq Ft) 0

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Christopher Lazaro

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