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1254 SW 2nd St, Miami, FL 33135

$6,999,999 Beds Baths

Miami, FL 33135

Status
Active
Type
Income/MultiFamily
Year Built
Days on Market
384
Lot Size
7,500 sqft
MLS #
A11876594

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.

Building & Association

Association
No

Lot & Construction

Lot Size Square Feet
7,500
Waterfront
No
View
No
New Construction
No

Public Records

Parcel Number
01-41-02-006-1990
Tax Annual Amount
$10,515
Zoning
T5-L
County Or Parish
Miami-Dade County

Location

Courtesy of Fausto Commercial Realty Consultants Inc

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