11034 SW 3rd St, Sweetwater FL 33174

Description of 11034 SW 3rd St, Sweetwater FL 33174

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"

Property Details for 11034 SW 3rd St, Sweetwater FL 33174

Pool Private

No

Building Information for 11034 SW 3rd St, Sweetwater FL 33174

Building Area Total

11461

Building Area Units

Square Feet

Stories

1

Stories Total

1

Association

No

Property Information for 11034 SW 3rd St, Sweetwater FL 33174

Lot Size Square Feet

36,400

Waterfront

No

View

No

New Construction

No

Public Records for 11034 SW 3rd St, Sweetwater FL 33174

Parcel Number

25-40-06-001-1187

Tax Legal Description

6 54 40 .16 AC M/L SWEETWATER GROVES PB 8-50 N1/2 OF W410FT LESS W360FT OF LOT 4 BLK 21 LOT SIZE 50 X 140 FAU 25 4006 001 1183

Zoning

5700

County Or Parish

Miami-Dade County

Location