Courtesy of: Arthur Porosoff, Compass Florida, LLC, art@porosoff.com
Courtesy of: Arthur Porosoff, Compass Florida, LLC, art@porosoff.com
$2,300,000
|
Quadruplex
|
$2,300,000
2825 SW 3rd Ave 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.
Courtesy of: Arthur Porosoff, Compass Florida, LLC, art@porosoff.com
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.