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500 3rd St, Miami, FL 33130
Offering:
For Sale
Location:
Miami, FL 33130
Status:
Active
$5,400,000
Deemed reliable but not guaranteed.
Details
Year built:
1960
Lot size:
15,000 sq ft
Type:
Multi-family
MLS ID
A12088863
Virtual tour:
Listed by:
J&Co. Commercial Real Estate, Inc. (MULR01)
Listing office phone:
786-796-6302
Listing office email:
Listing agent:
George Jimenez (3274154)
Description
500 SW 3rd Street is a 20-unit apartment building in the heart of Little Havana, one of Miami-Dade's most active multifamily submarkets. The offering presents a rare dual-path opportunity: a stabilized, cash-flowing rental asset today, with a clear and increasingly favorable regulatory pathway to substantial density increases under Florida's Live Local Act. Investors can hold for in-place income, reposition unit-by-unit, or pursue a ground-up redevelopment that multiplies the site's buildable unit count well beyond what Miami 21 base zoning allows.
Price history
$5,400,000 → $5,400,000
· 1 price changes
Location
500 SW 3rd StMiami, FL 33130
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MLS information
Last updated Sep 15, 2026
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