11002 SW 3rd St, Sweetwater, FL 33174 — MLS photo

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11002 SW 3rd St, Sweetwater, FL 33174

Active · Duplex

$1,100,000

11002 SW 3rd St, Sweetwater, FL 33174

Beds
—
Baths
0
Living area
2,246 sq ft
$ / sq ft
$490/sq ft
Year built
2003
Lot size
—
HOA fee
—
Annual tax
—

About this property

Prime Sweetwater Assemblage – Income-Producing with Redevelopment Upside - $5,500,000 for all Five Rare opportunity to acquire a ±36,400 SF assemblage of five 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 location

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11002 SW 3rd St, Sweetwater, FL 33174

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Facts & features

Interior

Bathrooms
0
Living area
2,246 sq ft

Exterior & Structure

Property type
Duplex
Year built
2003

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A12005209
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,237

Cap rate
4.3%
Net yield
4.3%
Cash-on-cash return
-4.8%
Gross yield
7.7%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$47,734

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.