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
Type:
Multi Family
Subtype:
Duplex
Subdivision:
SWEETWATER GROVES .14 AC
Neighborhood:
sweetwatergroves14ac
Listed Date:
Mar 1, 2026
Finished Sq Ft:
2,246
Total Sq Ft:
2,378
Year Built:
2003
Units:
2
See this Listing
Schools
Interior
Cooling
Other
Flooring
Other
Heating
Other
Exterior
Architectural Style
Detached
Construction Materials
CBS Construction
Lot Features
Less Than 1/4 Acre Lot
Parking Spots
4
Parking Total
4
Roof
Shingle
Stories
1
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
Market Summary
Current real estate data for Multi Family in Sweetwater as of May 12, 2026
4
Multi Family Listed
71
Avg DOM
437
Avg $ / SqFt
$2,295,303
Avg List Price
Property Summary
- Located in the SWEETWATER GROVES .14 AC subdivision, 11002 SW 3rd St Sweetwater FL is a Multi Family for sale in Sweetwater, FL, 33174. It is listed for $1,200,000 To schedule a showing of MLS#a12005209 at 11002 SW 3rd St in Sweetwater, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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