For SaleMulti FamilyActive
500 SW 3rd St
Miami, FL 33130
$5,400,000
52 Days On Site
- 10,324Sq Ft
- $523Per Sq Ft
- 0.3444Acres
- 1960Built
- County
- Miami-Dade
- MLS®
- A12088863
Overview
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.
Listing Snapshot
- Price
- $5,400,000
- Days On Site
- 52 Days
- Bedrooms
- N/A
- Inside Area (SqFt)
- 10,324 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.3444 Acres
- Year Built
- 1960
- MLS® Number
- A12088863
- Status
- Active
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
3 items
- Property Sub Type
- Multi Family
- SqFt Total
- 10,324
- Zoning
- 3900
Community Features
2 items
- MLS Area
- 41
- Financing Terms Available
- Cash
Location
500 SW 3rd St, Miami, FL 33130 · 41
Neighborhood & Commute
ZIP Code 33130
- Median household income
- $62,843
- Income per person
- $47,076
- Households
- 16,792
- Average household size
- 2.03
- Median age
- 42.2
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Listing first seen on site
- Price changed to $5,400,000
- Status changed to Active
Friends & Family
Similar Homes
For sale in Miami, multi family, within 20% of this price.
$5,400,000Multi Family For SaleActive11,700Sqft871 SW 3rd StMiami, FL 33130
$5,300,000Multi Family For SaleActive8,270Sqft140 SW 30th CtMiami, FL 33135
$5,200,000Multi Family For SaleActive0.3383AcresMiami-DadeCounty601 NW 11th StMiami, FL 33136MIAMI NORTH Subdivision
$5,200,000Multi Family For SaleActive15,592Sqft1521 SW 7th StMiami, FL 33135