1254 SW 2nd St, Miami FL 33135
$6,999,999
Est. Payment $37,257/mo
299
Days on Market
Description
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.
Facts
- MLS#
- A11876594
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- —
- Lot Size
- 7,500 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 299 days
- Listed
- Aug 7, 2025
- Last Updated
- Dec 23, 2025
- Price/Lot Sq.Ft.
- $933/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
June 2026
39
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 8/7/2025 | Listed for sale | $6,999,999 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
ABC Daycare and PreschoolPK,KG · private · 0.0 mi
- Cinderella School
KG,1,2,3,4,5 · private · 0.2 mi
- James H. Bright Elementary/J.W. Johnson Elementary School
PK,KG,1,2,3,4,5 · public · 0.2 mi
- Brightview Preparatory Academy
KG,1,2,3,4,5 · charter · 0.3 mi
- Imater Academy Middle School
6,7,8 · charter · 0.4 mi
- Imater Preparatory Academy High School
9,10,11,12 · charter · 0.4 mi
- We Love Kids
KG,1,2,3,4,5,6 · private · 0.4 mi
- iMater Elementary School
KG,1,2,3,4,5 · charter · 0.5 mi
- Ebenezer International Christian
9,10,11,12 · private · 0.5 mi
- Springview Elementary School
PK,KG,1,2,3,4,5 · public · 0.6 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$43,240/mo
Principal & Interest
$37,257
Property Tax
$5,833
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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