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.
Property Details
Price:
$5,400,000
MLS #:
A12088863
Status:
Active
Beds:
0
Baths:
0
Address:
500 SW 3rd St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Sep 14, 2026
State:
FL
Total Sq Ft:
10,324
ZIP:
33130
Year Built:
1960
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Community
- Address500 SW 3rd St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33130
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