2825 SW 3rd Ave, Miami FL 33129, Miami
$2,050,000
Miami, FL, 33129
Property details
- Living area
- 2,280 sqft
- Year built
- 1951
- Type
- Quadruplex
- Days on market
- 96
- MLS #
- A11974831
Listing courtesy of Compass Florida, LLC · 305-851-2820. Listing agent: Arthur Porosoff. MLS data last updated 2026-04-16.
Description
The property consists of a 2,280 SF building situated on a 6,250 SF lot in the Brickell Estates subdivision. Originally built in 1951 with improvements added in 1990. It features six studio/1-bath units, all currently occupied with strong rental demand driven by the prime location. The municipal zoning is T6-8-O and the PA zone is 6100 (Commercial-Neighborhood), offering potential for future redevelopment under Miami 21 code. The property is 100% occupied by six tenants generating $9,725 per month in gross rental income. The unit mix consists entirely of studio/1-bath apartments averaging $1,621/month, which remains competitive for the Brickell/Coral Way corridor. Recent lease-ups in mid-2025 at $1,625-$1,700/month confirm strong market demand and upward rent trajectory.
2825 SW 3rd Ave, Miami FL 33129, Miami — for sale, listed for $2,050,000 (2,280 sqft).
$899/sqft · 96% percentile · based on 503 listings for sale in miami (median $413/sqft).
Local market report
How is this priced?
At $899 per square foot, this listing sits at the 96% percentile of the 503 comparable listings for sale in miami on the market right now.
The current median for that group is $413/sqft, so this asking price is above the middle of its market.
n=503 · 2026-07-25 · Methodology
Run the numbers
Current market segment
Right now: 2,428 active listings for sale in miami, median asking price $667,950, median $413/sqft.
n=2,428 · 2026-07-25 · Methodology
Observed price & status history
Asking price reduced from $2,300,000 to $2,050,000.
Price-reduction climate
31% of 2,428 active listings for sale in miami are listed below their original asking price.
n=2,428 · 2026-07-25 · Methodology
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-25 · Methodology
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