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    10904 SW 2Nd St Miami, FL 33174

    For Sale
    $11,700,000

    Condominium - Sweetwater, FL

    Type:Condominium
    Days on Market:
    250
    Last Refresh:
    Dec 7 at 8:06 pm

    Property Features for 10904 SW 2Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Condominium
    Standard status
    Active
    Zoning
    6000
    APN
    25-40-06-014-0001

    Building Details

    Building materials
    Block
    Architectural style
    Other

    1426 Real Estate LLC D/B/A Keller Williams Coral Gables Realty (305) 662-7325 [email protected]

    Listing agent Damaris Cheang (305) 662-7325 License #3282026

    Listing date Apr 2, 2025

    MLS# A11768665 Listing URL

    Copyright © 2025 Miami Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Sweetwater Condominium Investment Opportunity

    This property features 31 units, each with two bedrooms and two bathrooms, providing immediate rental income in a high-demand area. Situated minutes from Florida International University (FIU), the location ensures consistent occupancy. Zoned University City District (UC), the property allows for potential redevelopment into a mixed-use project with 15 or more stories and 200 or more units, presenting a lucrative opportunity for investors and developers. This strategic investment offers both short and long-term potential in Sweetwater, Florida. Buyers are advised to conduct their own due diligence to verify zoning, development potential, and all property details.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.373172
    Latitude
    25.766141

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    FAQs

    What type of property is this?
    Apartment building - 31-unit condominium near FIU with redevelopment potential.
    Where is this apartment building located?
    The property is located at 10904 SW 2Nd St Miami, FL.
    What is the asking price?
    The asking price for this property is $11,700,000.
    What are key features of this property?
    This property features: - Immediate rental income from 31 two-bedroom, two-bathroom units.; - Located minutes from Florida International University (FIU), ensuring high occupancy.; - University City District (UC) zoning allows for potential redevelopment into a 15+/ story, 200+/ unit mixed-use project.
    (305) 662-7325
    Request Owner's contact information
    10904 SW 2Nd St Miami, FL 33174
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    Miami, FL 33174
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    10904 SW 2Nd St Miami, FL 33174
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