Description
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 thePA 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 strongmarket demand and upward rent trajectory.
Details
| MLS # | A11974831 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1951 |
| Days On Site | 175 |
| Listing Provided By | Compass Florida, LLC | Arthur Porosoff |
Features
| SQ Feet | 2,280 |
|---|---|
| Story(s) | 1 |
| Zoning | 6100 |
| Acreage | 6250.00 |
Taxes
| Tax Annual Amount | 29382 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33129 |
| Area | 2410 |
| Community Name | BRICKELL ESTATES |
| Listing VS Median (in BRICKELL ESTATES) | |
Price: $2,050,000 low | high Med: $1,696,500 sqft: 2,280 low | high Med: 2,584 $ / sqft: $899 low | high Med: $709 On site: 175 low | high Med: 54.5 | |
Market Activity 33129
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33129 |
| Area | 2410 |
| Community Name | BRICKELL ESTATES |
| Listing VS Median (in BRICKELL ESTATES) | |
Price: $2,050,000 low | high Med: $1,696,500 sqft: 2,280 low | high Med: 2,584 $ / sqft: $899 low | high Med: $709 On site: 175 low | high Med: 54.5 | |
