1254 SW 2Nd St Miami, FL 33135
21-unit multifamily building in Little Havana, completion January 2026.
Lot size:
0.17 AcresProperty Features for 1254 SW 2Nd St
General Information
- Property type
- Commercial
- Standard status
- Active
- Lot size
- 0.17 Acres
Source:
Elliman
Listing Agent: Christopher Carbonell
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Multifamily Building in Little Havana
This uniquely designed 21-unit multifamily building is under construction and scheduled for completion with a certificate of occupancy by January 2026 in Little Havana. The property can be operated as apartments under the City of Miami double density workforce program, with 3 units at 30% AMI, 2 units at 50% AMI, and 16 units at 140% AMI (average median income). The property benefits from a 100% parking exemption, reducing construction costs and supporting affordable rents for local residents. The unit mix includes 20 oversized studios, ranging from 400 to 460 square feet and easily convertible to one-bedroom units, and one one-bedroom unit of 500 square feet. Alternatively, motel or lodging operators can obtain licensure to operate a combination of units for short-term rental.
Location Intelligence
Current Use by Public Records
Hotel
Hotel & Motel
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.2157
- Latitude
- 25.771217
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 21-unit multifamily building in Little Havana, completion January 2026.
Where is this apartment building located?
The property is located at 1254 SW 2Nd St Miami, FL.
What is the asking price?
The asking price for this property is $6,999,999.
What are key features of this property?
This property features: - Delivered with Certificate of Occupancy by January 2026 in Little Havana.; - 21-unit multifamily building suitable for apartments or motel/lodging use (short-term rentals).; - Qualifies for City of Miami double density workforce program.
