1254 SW 2nd St, Miami FL 33135

Description of 1254 SW 2nd St, Miami FL 33135

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.

Property Details for 1254 SW 2nd St, Miami FL 33135

Pool Private

No

Building Information for 1254 SW 2nd St, Miami FL 33135

Building Area Total

10769

Building Area Units

Square Feet

Association

No

Property Information for 1254 SW 2nd St, Miami FL 33135

Lot Size Square Feet

7,500

Waterfront

No

View

No

New Construction

No

Public Records for 1254 SW 2nd St, Miami FL 33135

Parcel Number

01-41-02-006-1990

Tax Annual Amount

$10,515

Tax Legal Description

LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 BLK 81 LOT SIZE 7500 SQ FT M/L

Zoning

T5-L

County Or Parish

Miami-Dade County

Location