Brickell Estates
$2,300,000
2825 SW 3rd Ave, Miami, FL 33129
2,280 sqft
Building Size
1951
Year Built
Details:
Highlights:
- Lot Features: Less Than 1/4 Acre Lot
- Documents Available: Copy Of Lease(S), Rent Rolls
- Architectural Style: Attached
- Cooling: Central Air
- Heating: Central
- Flooring: Other
- Construction Materials: Concrete Block Construction
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.
Location
Gallery
