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1254 2nd St, Miami, FL 33135
Offering:
For Sale
Location:
Miami, FL 33135
Status:
Active
$6,999,999
Deemed reliable but not guaranteed.
Details
Lot size:
7,500 sq ft
Days on market:
384
Annual tax:
$10,515
Type:
Multi-family
MLS ID
A11876594
Virtual tour:
Listed by:
Fausto Commercial Realty Consultants Inc (FAUS01)
Listing office phone:
786-748-7373
Listing office email:
Listing agent:
Mauricio Villasuso (3254982)
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.
Price history
$6,999,999 → $6,999,999
· 1 price changes
Location
1254 SW 2nd StMiami, FL 33135
MLS information
Last updated Aug 26, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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