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2030 SW 3Rd Ave Miami, FL 33129

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For Sale
$8,500,000

20-unit multifamily property in high-demand Miami rental market.

Lot size:
0.32 Acres

Property Features for 2030 SW 3Rd Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
0.32 Acres

Building Details

Year built
1950

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Listing Contact
Maria Pena Cabezas
Source: Elliman

Listing Agency: LoKation Real Estate Listing Agent: Maria Pena Cabezas

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Renovated Multifamily Building in Miami

This is a fully renovated 20-unit multifamily property located in Miami. Each unit features one bedroom and one bathroom. The property has undergone a complete renovation, including a new roof, impact windows, kitchens, bathrooms, and electrical systems. The renovation is described as a 'gut renovation,' resulting in a like-new construction. The property is situated minutes from Brickell and Coral Gables, in a rapidly transitioning neighborhood. This area exhibits strong tenant demand and redevelopment upside. The zoning is T6-8-O, which is Miami’s highest density, making it ideal for future redevelopment. It is positioned as a turnkey investment with excellent long-term potential.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

Location Insight

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  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.200498
Latitude
25.796344

FAQs

What type of property is this?
Apartment building - 20-unit multifamily property in high-demand Miami rental market.
Where is this apartment building located?
The property is located at 2030 SW 3Rd Ave Miami, FL.
What is the asking price?
The asking price for this property is $8,500,000.
What are key features of this property?
This property features: - Fully renovated 20-unit multifamily building, essentially new construction.; - Located in a high-demand Miami rental market, minutes from Brickell and Coral Gables.; - Zoned T6-8-O, Miami's highest density, offering significant future redevelopment potential.
More about this property
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