1254 SW 2nd Street, Miami, FL 33135
Listing Snapshot
| List Price | $6,999,999 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.17 acres |
| Property Tax | $10,515/yr |
| MLS # | 1133609867 |
| Status | Active |
| Days on Market | 301 |
About This Home
A very uniquely designed development being completed and set to be delivered with certificate of occupancy by January 2026 in Little Havana, this is a 21-unit multifamily bldg now available. This site can be operated in a traditional sense under City of Miami double density workforce program as apartments; 3 units 30% AMI, 2 units at 50% AMI, and 16 units at 140% AMI (average median income). It has a 100% parking exemption which reduced cost of construction to developers comparing alternate site in the area, and thereby keeps rents affordable to local residents. 20 Units are oversized Studios (easily converted to 1 bedroom, 400-460 SF), and 1 one bedroom (500 SF). An alternative strategy, motel/lodging use operators can get licensure to operate a combination of units for short-term rental. See attachments for Floor Plans and more
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Zoning
- T5-L
Interior Features
Exterior Features
Community Features
- MLS Area
- 2410
Map
Virtual Tour
View Virtual TourMLS# 1133609867 · BEACH
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20% down · Loan: $5,599,999
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.