Price Reduced ListingPrime 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.
| MLS # | A12005209 |
|---|---|
| Listing Type | For Sale |
| Style | Duplex |
| Sub-Type | Resale |
| Status | Active |
| Year | 2003 |
| Days On Site | 193 |
| Listing Provided By | Fairchild Partners, Inc. | Jonathan C Pa Lay |
| SQ Feet | 2,246 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Zoning | 5700 |
| Tax Annual Amount | 14233 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Sweetwater |
| Zip Code | 33174 |
| Area | 2400 |
| Community Name | SWEETWATER GROVES .14 AC |
| Listing VS Median (in SWEETWATER GROVES .14 AC) | |
Price: $1,100,000 low | high Med: $3,000 sqft: 2,246 low | high Med: 3,195 $ / sqft: $490 low | high Med: $2 On site: 193 low | high Med: 331 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Sweetwater |
| Zip Code | 33174 |
| Area | 2400 |
| Community Name | SWEETWATER GROVES .14 AC |
| Listing VS Median (in SWEETWATER GROVES .14 AC) | |
Price: $1,100,000 low | high Med: $3,000 sqft: 2,246 low | high Med: 3,195 $ / sqft: $490 low | high Med: $2 On site: 193 low | high Med: 331 | |