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.
Miami, FL 33130
Listing
| Web ID: | 5747264 |
|---|---|
| Website: | https://www.nestseekers.com/5747264 |
Property
| Ownership: | For Sale |
|---|---|
| Type: | Multi-Family |
| Lot Size: | 0.3 Acres |
Financials
Price:$5,400,000
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.
Virtual Tour: https://www.propertypanorama.com/instaview/mia/A12088863
Location
Contact
Listing Courtesy of J&Co. Commercial Real Estate, Inc.