500 SW 3rd Street, Miami, FL 33130

$5,400,000
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List Price
$5,400,000
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Property Description

500 SW 3rd Street is a 20-unit apartment building in the heart of Little Havana, one of Miami-Dade's most active multifamily submarkets. The offering presents a rare dual-path opportunity: a stabilized, cash-flowing rental asset today, with a clear and increasingly favorable regulatory pathway to substantial density increases under Florida's Live Local Act. Investors can hold for in-place income, reposition unit-by-unit, or pursue a ground-up redevelopment that multiplies the site's buildable unit count well beyond what Miami 21 base zoning allows.

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Listing courtesy of J&Co. Commercial Real Estate, Inc.. Contact:

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Agent: George Jimenez | Email: george@jcocre.com