Home
Income/MultiFamily
Type
Listing courtesy of
Fausto Commercial Realty Consultants Inc
Mauricio Villasuso
MLS® #A11876594
Listing information last updated December 23, 2025
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Overview
This income/multifamily in Little Havana is listed for sale at $6,999,999.
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.
Listing history
Listed for sale
Aug 7, 2025 · MIAMI MLS
$6,999,999
Days on market
as of today
349 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax
$10,515
FEMA flood zone
X
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11876594
Price$6,999,999
TypeIncome/MultiFamily
StatusFor Sale
Flood zoneX
Location
1254 SW 2nd St, Miami FL 33135
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 349 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.