1227 SW 3rd St Miami, FL 33135

Listing agency Fausto Commercial Realty Consultants m*@faustocommercial.com Show Phone

Listed by Mauricio Villasuso · License #3254982

Source Crexi

Added: Apr 11 Updated: Jul 22 at 4:02AM Checked: Jul 22 at 4:02AM

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Investment Insights

Based on property information with market context.

This multifamily property is configured as five income-producing apartment units on a 7,500 sf site. The layout includes a main house with three bedrooms and one bathroom, two additional 2-bedroom/1-bath units, and two studio units. The property is presented as a covered land play with T5-L zoning.

According to the provided remarks, T5-L zoning and recently passed Live-Local legislation may support increased height and unit counts if certain conditions are pursued, including reserving 40% of new units to 120% AMI. The remarks also note that height could be raised to over 20 stories and that a range of mixed uses may be possible, including retail, residential, hospitality, and office.

At 1227 SW 3rd St in Miami, the existing unit mix is diversified across one 3-bedroom, two 2-bedroom units, and two studios.

Key Highlights

• 5 income‑producing apartment units on a 7,500 SF lot
• Unit mix includes one 3‑bedroom, 1‑bath main house; two 2‑bedroom, 1‑bath units; and two studios
• T5‑L zoning on the 7,500 SF site

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FAQs

What type of property is this?

Apartment building - Five income-producing units include a 3-bedroom house, two 2-bed units, and two studios on a 7,500 sf lot.

Where is this apartment building located?

The property is located at 1227 SW 3rd St Miami, FL.

What are key features of this property?

This property features: 5 income‑producing apartment units on a 7,500 SF lot; Unit mix includes one 3‑bedroom, 1‑bath main house; two 2‑bedroom, 1‑bath units; and two studios; T5‑L zoning on the 7,500 SF site