FL > Miami
Miami, FL 33135,1254 SW 2nd St
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Miami, FL 33135,1254 SW 2nd St
Miami, FL 33135,1254 SW 2nd St
Miami, FL 33135,1254 SW 2nd St
Miami, FL 33135,1254 SW 2nd St
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Alex Mendel

Alex Mendel

+1(561) 827-8449
$ 6,999,999
Est. payment /mo
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1254 SW 2nd St Miami, FL 33135

10,769 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,769 sqft

Price per Sqft $650

MLS Listing ID A11876594

HOA Y/N No

Annual Tax Amount $10,515

Lot Size 7,500 Sqft

Property Sub-Type Multi Family

Property 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.

Location

State FL

County Miami-dade

Area 41

Exterior

Private Pool Yes

Others

Tax ID 01-41-02-006-1990

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11876594

Miami Association of Realtors (SEFMIAMI MLS)
Listed by Fausto Commercial Realty Consultants Inc
Alex Mendel

Alex Mendel

Agent

+1(561) 827-8449

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1254 SW 2nd St

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