Miami, FL 33135 1254 SW 2nd St
$6,999,999
46 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
Bedrooms
Total Bedrooms21
Bathrooms
Total Baths
General for 1254 SW 2nd St
CityMiami
CountyMiami-Dade
Full Baths21
Legal DescriptionLAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 BLK 81 LOT SIZE 7500 SQ FT M/L
Lot Size Square Feet7500
Lot Size UnitsSquare Feet
MLS Area41
Number Of Units Total21
Occupancy TypeVacant
PostalCityMiami
Property Sub Type AdditionalMulti Family
Property SubtypeMulti Family
Property TypeCommercial Sale
Standard StatusActive
StatusActive
Structure TypeApartment, Multi Family
Tax Annual Amount10515
Virtual TourClick here
Zoning DescriptionT5-L
Exterior for 1254 SW 2nd St
Building Area Total10769
Covered Spaces0
Lot Size Area7500
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Freddy Salazar
Realtor®
