500 SW 3rd St
$5,400,000
500 SW 3rd St, Miami, FL 33130
For Sale
Multifamily
Active
Last Updated: 09/15/2026
10,324 sqft
Building Size
20
Units
Details:
Building Size: 10,324 sqft
Units: 20
Year Built: 1960
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.
Location
Gallery
