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Commercial Sale Active

1254 SW 2nd St, Miami FL 33135, Miami, Miami-Dade County, Commercial Sale

  • $6,999,999

Overview

  • Income/MultiFamily
    Property Type
  • Square Feet
    Area Size
  • Square Feet
    Land Area
  • Fausto Commercial Realty Consultants Inc
    Listing Office
  • Mauricio Villasuso
    Listing Agent
  • A11876594
    Property ID

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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.

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Details

Updated on March 18, 2026 at 3:29 pm
  • Property ID A11876594
  • Price $6,999,999
  • Property Type Income/MultiFamily
  • Property Status Commercial Sale
  • Listing Agent Mauricio Villasuso
  • Listing Office Fausto Commercial Realty Consultants Inc

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