500 SW 3rd St, Miami, Florida 33130
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$5,400,000

Commercial for Sale, 500 SW 3rd St, Miami, Florida 33130

  • MLS#A12088863

Listed By J&Co. Commercial Real Estate, Inc.

The Commercial Property for Sale located at 500 SW 3rd St, Miami, Florida 33130 is currently for sale.

Date Updated : Sep 15, 2026

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.

Location

500 SW 3rd St, Miami, Florida 33130

500 SW 3rd St, Miami, Florida 33130

Property features

Lot/Land

  • Land/Lot size: 1,394 m² (15,000 ft²)

Construction

  • Year built: 1960