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$5,400,000
 $28,988 est/mo Sourced by Back At You

500 SW 3rd Street,Miami, FL 33130

Miami, FL 33130

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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.

Details

MLS #A12088863
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site33
Listing Provided ByJ&Co. Commercial Real Estate, Inc. | George Jimenez

Features

SQ Feet10,324
Units1
Zoning3900
Acreage0.34

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33130
Area2410
Listing VS Median (in 33130)
Price:
$5,400,000
low | high
Med:
$9,050
100% of Average
sqft:
10,324
low | high
Med:
1,655
100% of Average
$ / sqft:
$523
low | high
Med:
$5
100% of Average
On site:
33
low | high
Med:
76
43.421052631579% of Average
Sourced by Back At You

Market Activity 33130

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Learn More About This Property

Nina Mormina

Nina Mormina

Preferred Properties Intl Realty Inc

BK704943 (786) 525-0500nina@investsouthflorida.com
StateFL
CountyMiami Dade
CityMiami
Zip Code33130
Area2410
Listing VS Median (in 33130)
Price:
$5,400,000
low | high
Med:
$9,050
100% of Average
sqft:
10,324
low | high
Med:
1,655
100% of Average
$ / sqft:
$523
low | high
Med:
$5
100% of Average
On site:
33
low | high
Med:
76
43.421052631579% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $4.5M - $6.75M
sqft: 7,500 - 12,500
Nearby Listings Property ImageNearby Listings Details
750 SW 2nd Street Property Photo 1
$4,750,000
750 Sw 2nd Street
Miami, FL 33130
436 SW 8th Street Property Photo 1
$4,150,000
436 Sw 8th Street
Miami, FL 33130
871 SW 3rd Street Property Photo 1
$5,400,000
871 Sw 3rd Street
Miami, FL 33130
761 NW 1st Street Property Photo 1
$5,100,000
761 Nw 1st Street
Miami, FL 33128
Listing Updated: September 28, 2026 at 10:19:57 PM PDT

Nina Mormina - Preferred Properties Int'l Realty, Inc