$2,050,000
↓ Reduced 11%2825 SW 3rd Ave, Miami FL 33129
Miami, FL, 33129
- Year Built
- 1951
- Property Type
- Quadruplex
- Annual Taxes
- $29,382/yr
- MLS #
- A11974831
Market Position
Ambitiously pricedUsing 45 of 45 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $2,050,000 · area median: $1,200,000
- Days on market
- 96 · area median: 70
Priced below 13% of 45 comparable listings · area median: $458/SF
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 26, 2026 · Newest source update: Jul 25, 2026
Listing courtesy of Compass Florida, LLC · 305-851-2820
Listed by Arthur Porosoff
Last updated: Apr 16, 2026
Overview
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.
Features
Flooring
Heating
Cooling
est.$12,815/mo
Est. payment based on a $2,050,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
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