1254 SW 2nd St, Miami FL 33135
Income/MultiFamily in Miami
$6,999,999
Listing courtesy of Fausto Commercial Realty Consultants Inc; Mauricio Villasuso. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
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Income/MultiFamily, Commercial Sale
Details
Overview
Description
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.
This income/multifamily home located at 1254 SW 2nd St, Miami FL 33135 is currently for sale and has been available on Brickellsold for 384 days. This property is listed at $7M. It has N/A beds, N/A bathrooms, and is N/A square feet. 1254 SW 2nd St, Miami FL 33135 is in Miami county Miami-Dade County.
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Property
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Financial
Metadata
Neighborhood Insights
School and crime data are from public sources and are informational only.
Nearby Schools
Within 5 miles
- Riverside Elementary • 0.0 mi • K-12
- Young Women's Preparatory Academy • 0.0 mi • K-12
- Ada Merritt K-8 Center • 0.0 mi • K-12
- Shenandoah Elementary • 0.0 mi • K-12
- Citrus Grove K-8 Center • 0.0 mi • K-12
- Former Region Office/Warehouse • 0.0 mi • K-12
Nearby Hospitals
Within 3 miles
No nearby hospitals found.
Crime Overview
Crime data unavailable for this area.
