2825 SW 3rd Ave, Miami FL 33129 | Miami-Dade County | A11974831
- $2,050,000
- $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
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Address: 3rd Ave
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33129
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Area: BRICKELL ESTATES
Details
Updated on April 17, 2026 at 2:51 am-
Property ID A11974831
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Price $2,050,000
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Property Size 2280 Square Feet
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Year Built 1951
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Type Quadruplex
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Property Status Residential Income
Additional details
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ArchitecturalStyle Attached
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BuildingAreaTotal 2280
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BuildingAreaUnits Square Feet
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BuildingName BRICKELL ESTATES
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ConstructionMaterials Concrete Block Construction
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ContractStatusChangeDate 2026-03-02
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Cooling Central Air
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DaysOnMarket 45
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DocumentsAvailable Copy Of Lease(S), Rent Rolls
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ExpirationDate 2026-08-26
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Flooring Other
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Heating Central
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 305-209-8866
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ListingTerms All Cash, Conventional
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LotFeatures Less Than 1/4 Acre Lot
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LotSizeSquareFeet 0
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MLSAreaMajor Brickell Estates
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MajorChangeTimestamp April 16, 2026 at 09:25pm
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MajorChangeType Price Decrease
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MlsStatus Active
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ModificationTimestamp April 16, 2026 at 09:25pm
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NumberOfUnitsInCommunity 0
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NumberOfUnitsTotal 6
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OnMarketDate 2026-03-02
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OriginalEntryTimestamp March 2, 2026 at 07:19pm
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OriginalListPrice 2300000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 01-41-38-009-1160
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ParkingTotal 6
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PhotosChangeTimestamp March 4, 2026 at 03:12pm
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PhotosCount 8
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PostalCodePlus4 2345
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PreviousListPrice 2300000
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PriceChangeTimestamp April 16, 2026 at 09:25pm
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PublicSurveyRange 41
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PublicSurveySection 38
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PublicSurveyTownship 41
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RentIncludes Hot Water, Sewer, Trash Collection, Water
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Roof Flat Roof With Facade Front
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Sewer Public Sewer
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ShowingInstructions 24 Hour Notice, Appointment Only
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SourceSystemKey 437770117
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StateOrProvince FL
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StatusChangeTimestamp March 2, 2026 at 07:19pm
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Stories 1
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StoriesTotal 1
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StreetDirPrefix SW
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StreetName 3rd Ave
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StreetNumber 2825
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StreetNumberNumeric 2825
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StructureType Quadruplex, Fourplex
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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.
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TaxAnnualAmount 29382
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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
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TaxYear 2025
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YearBuiltDetails Resale
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Zoning 6100
Features
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