Active For Sale
500 SW3rdStreet, Miami, FL 33130
500 SW 3rd Street, Miami, FL 33130
  • $5,400,000

Overview

Property ID: HZA12088863
  • Multi Family, Commercial Sale
  • Property Type
  • 10324
  • Sqft
  • 1960
  • Year Built

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.

  • Address 500 SW 3rd Street
  • City Miami
  • State/county FL
  • Zip/Postal Code 33130
  • Area Miami-Dade

Details

Updated on October 31, 2026 at 4:10 am
  • Property ID: HZA12088863
  • Price: $5,400,000
  • Property Size: 10324 Sqft
  • Land Area: 0.34 Acres
  • Garage Size: x x
  • Year Built: 1960
  • Property Type: Multi Family, Commercial Sale
  • Property Status: Active, For Sale

Additional details

  • Listing Terms: Cash, 1031 Exchange
  • County: Miami-Dade
  • Property Type: Commercial Sale

Mortgage Calculator

Monthly
  • Down Payment
  • Loan Amount
  • Monthly Mortgage Payment
  • Property Tax
  • Home Insurance
  • PMI
  • Monthly HOA Fees
$
%
%
%
$
$
%

Schedule a Tour

360° Virtual Tour