Multifamily in Sweetwater, FL 33174
Sweetwater Groves, 39 SW 114th Ave

Beds
2,488
SqFt
$361
$/SqFt
Premium Multifamily
Built in 1979
Storm Security Shutters
ATTENTION INVESTORS! Prime income-producing corner duplex on an expansive 11,270 SF lot, currently configured and rented as a triplex with three separate units: Unit 1 - 2BR/1BA, Unit 2 – 2BR/1BA, Unit 3- 1BR/1BA. An excellent opportunity for investors seeking immediate rental income, owner occupants looking to offset their mortgage, or buyers planning future redevelopment. Located in the ever so rapidly growing FIU college area, this property offers excellent flexibility and long-term upside. Conveniently located within walking distance to shopping, dining, Ronselli Park, major roads, highways, and the Florida Turnpike, with easy access to FIU, in the City of Sweetwater. Rental comps are $2200.00+ per unit, offering significant potential for increased rental income. Whether adding to your investment portfolio, living in one unit while generating income from the other units or renovating to maximize value, this property presents a rare opportunity in a high demand and rapidly evolving location. Don’t miss the chance to secure a property with income, flexibility and future potential! ***DO NOT disturb tenants***Exclusion of appliances in one unit. ALSO COMING SOON! Flagler City Center a mixed-use redevelopment of over 5,000 residential units, retail & office space and much MORE!
MLS Number: A12060044
On Site: 37 Days
Updated: 3 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: StormSecurityShutters
      Interior, Heating and Cooling
      • Heating Description: Central,Electric
      • Cooling Description: CentralAir, Electric, WallWindowUnits
      Building and Construction
      • Floor Description: CeramicTile
      • Year Built: 1979
      • Year Built Description: Resale
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2026-08-11T10:22:49.000-00:00
        Taxes, Fees & More
        • Taxes: 8792

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        Price History

        Current
        $899K
        High
        $925K
        Low
        $899K
        Total Change
        -2.8%
        $928K$912K$896KJul 26Sep 26
        Date
        Event
        Price
        Change
        Price Per
        09/14/2026
        Price Reduced
        $899K
        -2.81%
        $361 ft2
        $3,889 m2
        07/26/2026
        Listed
        $925K
         
        $372 ft2
        $4,002 m2
        09/14/2026
        $899K
        Event
        Price Reduced
        Change
        -2.81%
        Price Per
        $361 ft2
        $3,889 m2
        07/26/2026
        $925K
        Event
        Listed
        Price Per
        $372 ft2
        $4,002 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Iliette OliverosCompass Florida, LLC • Buyer Agency Compensation .

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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        72

        100
        Bike Score®
        Very Bikeable. Biking is convenient for most trips
        78

        100
        Sound Score®
        Bearable noise
        75

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        32

        100
        Local Score
        Limited local amenities nearby
        1

        100
        Community Snapshot
        $925K – $1.2M
        Price Tier
        864 - 4,312
        SqFt Range
        1971
        Year Build
        2
        Total Floors
        681
        Total Units

        Sweetwater
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