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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
Property features
Lot/Land
- Land/Lot size:
1,394 m² (15,000 ft²)
Construction
- Year built: 1960