2825 SW 3rd Ave Miami, FL 33129
The Roads NeighborhoodEstimated payment $14,262/month
Highlights
- No HOA
- Central Heating and Cooling System
- 1-Story Property
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $29,382
Year Built
- Built in 1951
Parking
- 6 Parking Spaces
Home Design
- Quadruplex
- Flat Roof with Façade front
Interior Spaces
- 2,280 Sq Ft Home
- 1-Story Property
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 6 Units
- Brickell Estates Condos
- Brickell Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 01-41-38-009-1160
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $24,343 | $1,202,551 | -- | -- |
| 2024 | $25,079 | $1,093,229 | -- | -- |
| 2023 | $25,079 | $993,845 | $0 | $0 |
| 2022 | $22,970 | $903,496 | $0 | $0 |
| 2021 | $22,543 | $821,360 | $0 | $0 |
| 2020 | $21,614 | $1,547,826 | $1,437,500 | $110,326 |
| 2019 | $20,651 | $1,540,675 | $1,437,500 | $103,175 |
| 2018 | $16,198 | $1,103,175 | $1,000,000 | $103,175 |
| 2017 | $12,616 | $561,000 | $0 | $0 |
| 2016 | $11,813 | $512,435 | $0 | $0 |
| 2015 | $11,291 | $465,850 | $0 | $0 |
| 2014 | $10,734 | $429,611 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/02/2026 03/02/26 | For Sale | $2,300,000 | 0.0% | $1,009 / Sq Ft |
| 01/03/2017 01/03/17 | Rented | $1,025 | +4.1% | -- |
| 01/03/2017 01/03/17 | Price Changed | $985 | -3.9% | $2 / Sq Ft |
| 12/06/2016 12/06/16 | For Rent | $1,025 | -- | -- |
Source: MIAMI REALTORS® MLS
MLS Number: A11974831
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