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Active
1254 SW 2nd ST Miami, FL 33135
10,769 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 10,769 sqft
MLS Listing ID A11876594
HOA Y/N No
Annual Tax Amount $10,515
Lot Size 7,405 Sqft
Acres 0.17
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. See attachments for Floor Plans and more
Location
State FL
County Miami-dade
Area 2410
Region Miami
City Region Miami
Interior
Fireplace No
Others
Pets Allowed No
Tax ID 0141020061990
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11876594
Listed by Mauricio Villasuso Fausto Commercial Realty Consultants Inc
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