10,324 sqft

$5,400,000

500 SW 3rd St, Miami FL, 33130

Price per sqft$523.05

Built in1960

Property size10,324 sqft

Property typeCommercial

Overview

Active

Listed Sep 14, 2026

Updated 3 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.

Additional information

MLS^® ID: A12088863

Interior Features

Basement: No

Exterior Features

Lot Size: 0.34 Acres

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 5:29 AM UTC, 9/16/2026.

Listed by: J&Co. Commercial Real Estate, Inc., 786-796-6302