Property 1254 SW 2nd Street, Miami, FL 33135 for sale with MLS# A11876594

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. See attachments for Floor Plans and more

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1254 SW 2nd Street, Miami, FL 33135

Price
Price:
$6,999,999.00
Original List Price:
$6,999,999.00
List Price per Sq Ft (Calculated, Approx.):
$650.01
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
New Listing
Last Major Update on:
August 7, 2025 10:13 am
Measures
Built-Up Area:
10,769 Sqft
Lot Size Acres:
0.17
Construction
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$10,515.00
Community
Senior Community:
No
Zoning and Legal
Tax Legal Description:
LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 BLK 81 LOT SIZE 7500 SQ FT M/L
Real Estate Folio Number (Parcel Number):
0141020061990
Zoning:
T5-L
Listing History
Active on the market since:
August 7, 2025
Listing Agreement executed on:
August 7, 2025
Listing Status Last Changed On:
August 7, 2025 10:13 am
Photos updated on:
July 29, 2026 12:35 pm
Last Modified:
July 29, 2026 12:40 pm
Additional Information
Courtesy of:
Fausto Commercial Realty Consultants Inc
Attribution:
Not provided
Location
Street Name:
2nd
Street Number:
1254
City:
Miami
State:
Florida
Zip Code:
33135
County:
Miami-Dade
Latitude:
N25° 46' 16.4''
Longitude:
W81° 47' 3.5''
Street Suffix:
Street
Street Direction Prefix:
SW
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $37,757
Median Home Value $396,700
Median Rent $1,315/mo
Median Age 44
Population 35,053

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 55 Moderate
☀️ O3 40 Good
🫁 PM2.5 55 Moderate
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