$6,999,999
n/a
n/a
n/a
Income/MultiFamily, Commercial Sale
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 138 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.
