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.
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.
Property Details
Price:
$1,200,000
MLS #:
A12005209
Status:
Active
Beds:
0
Baths:
0
Address:
11002 SW 3rd St
Type:
Multi Family
Subtype:
Duplex
Subdivision:
SWEETWATER GROVES .14 AC
Neighborhood:
sweetwatergroves14ac
City:
Sweetwater
Listed Date:
Mar 1, 2026
State:
FL
Finished Sq Ft:
2,246
Total Sq Ft:
2,378
ZIP:
33174
Year Built:
2003
Units:
2
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Other
Flooring
Other
Heating
Other
Exterior
Architectural Style
Detached
Construction Materials
C B S Construction
Parking Spots
4
Roof
Shingle
Financial
Tax Year
2025
Taxes
$14,233
Map
Community
- Address11002 SW 3rd St Sweetwater FL
- SubdivisionSWEETWATER GROVES .14 AC
- CitySweetwater
- CountyMiami-Dade County
- Zip Code33174
Similar Listings Nearby
- 10783 SW 6th St
Sweetwater, FL$1,400,000
0.32 miles away
- 9415 SW 38th St
Miami, FL$1,300,000
4.89 miles away
- 3515-3517 SW 91st Ave
Miami, FL$1,299,000
2.80 miles away
- 10793 SW 6th St
Sweetwater, FL$1,200,000
0.31 miles away
- 11021 SW 4th St
Sweetwater, FL$1,145,000
0.03 miles away
11002 SW 3rd St
Sweetwater, FL
LIGHTBOX-IMAGES