Multifamily For Sale
11034 Sw 3rd St, Sweetwater, FL 33174

$6,000,000
For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A12043109
  • Virtual Tour: YES
  • List Price: $6,000,000
  • Year Built:2011
  • Listing Date:June 25, 2026
  • Days On Market:44
  • Total Units:5

Description


Prime Sweetwater area land Assemblage and covered land play. Income-Producing with Redevelopment Upside, Rare opportunity to acquire a ±36,400 SF assemblage of 5 duplex units in the highly sought-after Sweetwater submarket of Miami, adjacent to Florida International University (FIU). 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 units are located in an RD Zoning presently but directly next to University District Zoning (UD) which if expanded as per expansion language in City Codes would allow for it to be well-suited for a variety of redevelopment options, including multifamily, student housing, or mixed-use, subject to zoning and approvals by City of Swettwater. 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. The section in which it is referred to is “City’s University District overlay expansion provisions pursuant to Section 2.05.25 of the Sweetwater Land Development Code"

Features


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Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker