500 SW 3rd St Miami, FL $ 5,400,000
500 SW 3rd St
$ 5,400,000
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500 SW 3rd St

Miami, FL, 33130
$ 5,400,000
Bedrooms20 Baths-- Sq 10,324

Monthly Estimate*

$ 34,096

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Commercial Property for sale in Miami, FL

for $5,400,000 with 20 bedrooms. This 10,324 square foot building was built in 1960.

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.

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Commercial Active

Price

$ 5,400,000

Bedrooms

20

Property Type

Commercial

Taxes

$ 0

Style

Year Built

1960

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12088863

Features
General
Year Built 1960
Property Subtype Multi Family
County Miami-Dade
Property Type Commercial Sale
Full Baths 0
Status Active
City Miami
Zoning Description 3900
Number Of Units Total 20
MLS Area 41
Lot Size Units Square Feet
Lot Size Square Feet 15000
Listing Terms Cash 1031 Exchange
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12088863
Structure Type Apartment
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
Legal Description CITY OF MIAMI SOUTH PB B-41 LOTS 1 & 2 BLK 25 LOT SIZE 15000 SQ FT M/L OR 14122-689 0589 2 COC 21454-4867 04 2003 2
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Interior
Total Bedrooms 20
Total Baths 0
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Exterior
Lot Size Area 15000
Building Area Total 10324
Covered Spaces 0
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* Excluded Features
List By
J&Co. Commercial Real Estate, Inc.

Broker

george@jcocre.com

Email

Affordability Calculator

$34,096
Per Month
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0%
0%
Monthly Principal & Interest
$34,096
Monthly Property Taxes
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Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/14/2026$5,400,000 Listed Price

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500 SW 3rd St, Miami, FL, 33130 is a Commercial Property for sale at $5,400,000 with 10,324 sqft. 500 SW 3rd St has 20 bedroomsThe property's zip code is 33130 which is in Miami, FL