$6,999,999

1254 SW 2nd, Miami FL, 33135

Price per sqftN/A

Property typeCommercial

Courtesy of Mauricio Villasuso with Fausto Commercial Realty Consultants Inc

Overview

Active

Listed Sep 11, 2025

Updated Sep 5

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.

Additional information

MLS^® ID: A11876594

Interior Features

Basement: No

Exterior Features

Lot Size: 0.17 Acres

Other Property Details

Taxes: $10,515
Tax Frequency: Annually

Courtesy of Fausto Commercial Realty Consultants Inc, Mauricio Villasuso,
Listing Contact: 305-340-8901

Based on information from Martin County REALTORS of the Treasure Coast, Inc. (RAMC) as of 9/5/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 5:15 AM UTC, 9/5/2026