$6,999,999
1254 SW 2nd St
Miami, FL, 33135
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Project 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.
Property Details
Price:
$6,999,999
MLS #:
A11876594
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Aug 7, 2025
Total Sq Ft:
10,769
Property Direction
- Address1254 SW 2nd St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33135
Subdivisions in Miami
- 07TH AVE HIGHLANDS
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 17TH AVE MANOR
- 7TH ADDN TO RICHMOND HEIG
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- BELLE MEADE MIAMI SEC 01
- BENT TREE SEC 03
- BROOKSIDE ESTATES
- BUCKLEY TOWERS CONDO – EAST BLDG
- CORAL WAY VILLAGE SEC A PART 5
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- FLAMINGO PARK
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- LAKES OF THE MEADOW
- LINCOLN ESTATES
- MAJORCA ISLES III CONDO
- MARILYN CONDO
- NORTH DADE COUNTRY CLUB VILLAG
- QUADRO
- RANDALL PARK
- RIVERVIEW
- RIVERWOOD CONDO
- SIERRA
- SOVERIN CONDO
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VENETIAN ISLES CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WATERBURY
- WEST MIAMI SHORES SEC B
Schools
Interior
Exterior
Financial
Taxes
$10,515
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1254 SW 2nd St
Miami, FL