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0 Baths
10,324 sqft

$5,400,000

500 SW 3rd Street, Miami FL, 33130

Price per sqft$523.05
Built in1960
Property size10,324 sqft
Property typeCommercial

Overview

Active

Listed Sep 14, 2026

Updated 2 weeks ago

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.

Listed with J&Co. Commercial Real Estate, Inc.

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Data last updated 12:43 PM UTC, 9/23/2026

 

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