Fully renovated 1 bed / 1 bath second-floor condo in a gated, 10-unit building built in 2007. Upgrades include new flooring, new kitchen cabinets, new bathroom, new baseboards, new appliances, new blinds and fresh paint. Washer/dryer inside the unit, one private assigned parking space, and water included in the maintenance. Currently rented furnished at $2,000 per month with a tenant who has not missed a payment in three years - a turnkey investment. Close to the Health District and minutes from Brickell and Downtown Miami, within walking distance of Calle Ocho's restaurants and nightlife. Owner is a licensed real estate broker.
Latin Quarter, located between Brickell Avenue and Biscayne Bay, is a residential and cultural Miami neighborhood with mid-rise condos and waterfront promenades. The neighborhood’s character concentrates around the Brickell City Centre complex at S Miami Ave and SW 8th St, where sidewalk patios, galleries, and chef-driven dining keep the streetscape active. Community pillars include the Adrienne Arsht Center for the Performing Arts, Pérez Art Museum Miami, and HistoryMiami Museum. Architecture leans contemporary, with glass towers set against older low-rise blocks. Bayfront paths and pocket parks shape a walk-and-pause rhythm. Transit nodes and bike lanes tie daily errands to downtown blocks.
Provided by Walk Score and Local Logic
Market insights
1638 SW 3rd St #202 · $245,000
DAYS ON MARKET
1 days
The average home goes pending in 116 days.
SALE-TO-LIST
94.5%
Most homes are selling 6% below list price.
LIST PRICE
$245,000
Median sale price in this area is $398,138. (63% higher than this home)
PRICE DROP
0 price drops
14% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Blinds
Bedrooms
Bedroom on the main level
Bathrooms
One full bathroom
Shower only
Kitchen
Dishwasher
Electric range
Microwave
Refrigerator
Laundry & utility
Washer
Dryer
Flooring
Vinyl
Heating & cooling
Central heating
Central air conditioning
Exterior features
Exterior lighting
Home design
Three stories
Second-floor entry
Attached property
Parking
Assigned parking
Security
High-impact doors
Fenced complex
Construction
Block construction
HOA & community
Monthly association fee of $374, including structural maintenance, sewer, trash, and water
Pets allowed with conditions
Community of 10 units
Electricity and solar
View estimated energy costs and solar savings for this home
The General Urban Zone consists of a Mixed-Use but primarily residential urban fabric with a range of Building types including rowhouses, small apartment Buildings, and bungalow courts. Setbacks are short with an urban Streetscape of wide Sidewalks and trees in planters. Thoroughfares typically define mediumsized blocks.
Permitted uses
Include but are not limited to:
Religious facility
Restaurant
Housing-Group
Housing-Single unit
Housing-Multiple units
Bed & breakfast
Mixed use
Office
Research & development
Recreation
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
6 days above 103° expected this year, 24 days in 30 years
10/10 Wind Factor
99% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Miami, FL • 33135
Average low and high temperatures (°F)
75
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64
81
67
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91
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88
77
85
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81
70
78
67
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in Miami. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
7.1 hrs
5.5 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1638 SW 3rd St #202
$235,951
$9,049 under list price of $245K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $167K to $265K.