Multifamily in Sweetwater, FL 33174

Sweetwater Groves, 11002 SW 3rd St

Prime Sweetwater Assemblage – Income-Producing with Redevelopment Upside - $5,500,000 for all Five Rare opportunity to acquire a ±36,400 SF assemblage of five duplex units in the highly sought-after Sweetwater submarket of Miami, adjacent to Florida International University. The property is currently fully leased, providing immediate and stable in-place income, while offering significant long-term upside through redevelopment. This unique offering allows a new owner to generate cash flow from day one while advancing plans for a higher and better use. The site’s scale and configuration make it well-suited for a variety of redevelopment options, including multifamily, student housing, or mixed-use, subject to zoning and approvals. Positioned in a rapidly evolving corridor, the property benefits from strong rental demand driven by proximity to FIU, major employment centers, and ongoing residential and commercial development throughout Sweetwater and West Miami-Dade.