11002 3rd St ,Detached, Duplex, Sweetwater Groves .14 Ac for Sale

11002 3rd St for Sale

Price $1,200,000.00

• Lot size 2378
• Year Build 2003
• Waterfront
• Zip 33174
• Style Detached
• Parking Description
• Pool Yes
• Status Active

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.

6 54 40 SWEETWATER GROVES PB 8-50 N1/2 OF W620FT LESS W560FT OF LOT 4 BLK 21 LOT SIZE 60.000 X 140 OR 19099-1180 0400 2

Less Than 1/4 Acre Lot

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.

City:Sweetwater,Zoning:5700,List A O R:A-Miami Association of REALTORS,Stories:1,Tax Year:2025,Latitude:25.765367,Cooling Y N:1,Heating Y N:1,List Price:1200000,Listing Id:A12005209,Longitude:-80.3749589,Mls Status:Active,Year Built:2003,Living Area:2246,Postal Code:33174,Street Name:3rd St,Coordinates:1:25.765367,Photos Count:26,Building Name:SWEETWATER GROVES .14 AC,Days On Market:58,Lot Size Units:Square Feet,M I A M I R E_ Area:40,M L S Area Major:Sweetwater Groves .14 Ac,On Market Date:2026-03-01,Parcel Number:25-40-06-001-1180,Parking Total:4,Property Type:Residential Income,Stories Total:1,Street Number:11002,M I A M I R E_ Style:Duplex,Public Remarks: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.,County Or Parish:Miami-Dade County,Expiration Date:2026-08-31,List Office Name:Fairchild Partners, Inc.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1220,Property Sub Type:Duplex,State Or Province:FL,Street Dir Prefix:SW,Subdivision Name:SWEETWATER GROVES .14 AC,Tax Annual Amount:14233,Unparsed Address:11002 SW 3rd St, Sweetwater FL 33174,Listing Agreement:Exclusive Agency,Year Built Details:Effective Year Built,Building Area Total:2378,Building Area Units:Square Feet,Leasable Area Units:Square Feet,M I A M I R E_ Flood Zone:AH,M I A M I R E_ L P Amt Sq Ft:534.2832,Original List Price:1200000,Public Survey Range:40,I D X Participation Y N:1,M I A M I R E_ N A R Rules Y N:1,Number Of Units Total:2,Syndication Remarks: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.,Listing Contract Date:2026-03-01,Originating System I D:miamire,Public Survey Section:25,Showing Instructions:Call Listing Agent,Street Number Numeric:11002,Tax Legal Description:6 54 40 SWEETWATER GROVES PB 8-50 N1/2 OF W620FT LESS W560FT OF LOT 4 BLK 21 LOT SIZE 60.000 X 140 OR 19099-1180 0400 2,M I A M I R E_ Current Price:1200000,Public Survey Township:40,M I A M I R E_ Municipal Code:25,M I A M I R E_ Total Mortgage:450000,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Adjusted Area S F:2290,M I A M I R E_ Internet Remarks:Prime Sweetwater Assemblage – Income-Producing with Redevelopment Upside,M I A M I R E_ Parcel Number M L X:1180,M I A M I R E_ Separate Meter Y N:1,M I A M I R E_ Street View Param:1$25.76537$-80.374918$197.33$13.33$1.00$WBD9xy83N4LfJXHrMVRMMw,Contract Status Change Date:2025-03-01,Internet Address Display Y N:1,M I A M I R E_ Cable Available Y N:1,Number Of Units In Community:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:1,M I A M I R E_ Agent Alternate Phone:786-390-5927,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:11002 SW 3rd St,M I A M I R E_ R A T I O_ Current Price_ By_ S Q F T:534.28,