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

Overview

At a glance

Property Type

Commercial Sale

Property Sub-Type

Multi Family

Address

1254 SW 2nd Street, Miami, FL 33135

Zoning

T5-L

MLS ID

A11876594

Listing Date

2025-08-07

Last Updated

5/12/2026, 6:18:58 AM

Days on Market

308

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