637 SW 3rd St · Miami, FL 33130 · Downtown

Merritt Place

4-story low-rise, completed 2003, 22 residences in Downtown. 1 for rent on Nov 2, 2026.

Tell me your unit and I'll prepare its value myself, from Merritt Place's closed sales and what is listed now. Then we talk it through.

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At a glance Merritt Place (637 SW 3rd St, Downtown) is a 4-story, 22-unit building completed in 2003. As of Nov 2, 2026, no unit is for sale and 1 is for rent; 1 sale closed in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
0
For rent
1
Sold
1last 12 months
Built
2003
Floors
4
Residences
22county
Flood zone
AEFEMA
Owner-occupied
59%
Avg. unit
709sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Merritt Place.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33130

The read on Merritt Place.

Activity as of Nov 2, 2026
  • A quiet record. The most recent sale on record closed Apr 29, 2026; 4 sales are on record since 2019.
Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

Merritt Place is a low-rise condominium of four floors at 637 SW 3rd St in Downtown, built in 2003. County folio records count 22 residences, averaging 709 SF of living area.

Nothing was listed for sale on November 2, 2026. One sale closed between November 2, 2025 and November 2, 2026 at $295K, $423/SF.

One unit was offered for rent at $2,200 a month. Two leases were signed over the same 12 months, at $2,200 and $2,350 a month.

County records show 59% of residences as owner-occupied.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
637 SW 3rd St, Miami 33130
Neighborhood
Downtown
Year built
2003
Floors
4
Residences (county-verified)
22
Owner-occupied
59% of residences
Avg. unit size
709 sq ft
Total living area
15,587 sq ft
County condo folios
22
Recorded MLS listings
14

The numbers at Merritt Place.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$216$431$2462019$2492022$4312024$4232026$216$431$2462019$2492022$4312024$4232026

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)1$423*2$2,275/mo*
20241$431*4$2,300/mo
2023––2$2,400/mo*
20221$249*––
2020––1$1,600/mo*
20191$246*––

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 4 sales · 9 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 1

UnitBDBASFAskedClosed$/SFClose dateDOM
30822698$300,000$295,000$423Apr 29, 202616

Leases signed Nov 2, 2025 to Nov 2, 2026 · 2

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
30622731$2,350/mo$2,350/mo$3.21Jul 15, 202692
20622731$2,200/mo$2,200/mo$3.01Jun 1, 202614

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Merritt Place.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 9 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Due 2033

Due by statute by December 31, 2033, 30 years after 2003, then every 10 years.

What the deadline means
  • Miami-Dade sets 25 years for condo buildings within three miles of the coastline, which would be December 31, 2028.
  • Based on year built 2003 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Merritt Place

5 more nearby

Smaller buildings close by: Il Biagio Residences (200 m) · Neo View (340 m) · Las Brisas (680 m) · The Edges at 2nd St (680 m) · The Edges at 4th (730 m) · 411 SW 9 Street (740 m)

Compare with the two nearest →Every Downtown building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Merritt Place's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

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Looking here?

Get alerts when a unit lists or sells

When a unit at Merritt Place lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

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Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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