$6,999,999

1254 SW 2nd St, Miami, FL 33135

10,769 sqft

Multi-Family Home
Built in ——
7,405sqft lot
—— car garage
$650/sqft
Listed 4 months ago

Property 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.

Listing Status:: Active
Date Added:: August 7, 2025 at 05:00AM
Listing Office:: Fausto Commercial Realty Consultants Inc : 786-748-7373
Listing Agent:: Mauricio Villasuso : 305-340-8901
MLS ID:: A11876594

Originating MLS: Miami Association of REALTORS®
County: Miami-Dade County

Zoning: T5-LLAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 BLK 81 LOT SIZE 7500 SQ FT M/L01-41-02-006-1990

Source: Miami Association of REALTORS®

This listing courtesy of Mauricio Villasuso, Fausto Commercial Realty Consultants Inc

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Riverside Elementary School

1190 SW 2nd St, Miami, FL, 33130

Grades PK-5

0.12 miles away

Young Womens Preparatory Academy

1150 SW 1st St, Miami, FL, 33130

Grades 6-12

0.13 miles away

Young Womens Preparatory Academy

1150 SW 1st St, Miami, FL, 33130

Grades 6-12

0.13 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.