Miami, FL 33135 1254 SW 2nd St
$6,999,999
24 more
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
Beds • 21
Baths • 21
SQFT • 10,769
Home Details
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.
Presented By: This listing is courtesy of Fausto Commercial Realty Consultants Inc;
Interior Features for 1254 SW 2nd St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo
General for 1254 SW 2nd St
Additional Parcels Y/NNo
Attached Garage No
Carport Y/NNo
CityMiami
CountyMiami-Dade
Garage Y/NNo
HOANo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 BLK 81 LOT SIZE 7500 SQ FT M/L
Lot Size Square Feet7500.0
Lot Size UnitsSquareFeet
MLS Area41
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total21
Occupancy TypeVacant
PostalCityMiami
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Structure TypeApartment, MultiFamily
Tax Annual Amount10515.0
Virtual TourClick here
Zoning DescriptionT5-L
Exterior for 1254 SW 2nd St
Building Area Total10769.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area7500.0
Private PoolNo
SpaNo
Waterfront Y/NNo
Additional Details
Price History
Andrea Rivera
Realtor®
