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Active - Other for sale
1254 SW 2nd St, Miami FL 33135
Facts & features
Why you’ll love it
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.
Listings courtesy of Fausto Commercial Realty Consultants Inc.
Listed by: Mauricio Villasuso • 305-340-8901 • Fausto Commercial Realty Consultants Inc
Co-listed by: Christopher Carbonell • 305-340-8901 • Fausto Commercial Realty Consultants Inc
Source: Miami MLS, MLS#: A11876594
Based on info available as of Nov 12, 2026 at 7:10 PM EST.
Come see by yourself
Affordability
$36,272/mo
- Mortgage$35,396
- Property tax$876
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$140,000 Credit back
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Based on information as of Nov 12, 2026 at 07:10pm EST.
Make a winning offer, and get up to
$140,000 Credit back
