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Homes for sale in Miami
Income/MultiFamily

500 SW 3rd St

Miami, FL 33130
$5,400,000
Year built
1960

Listing courtesy of George Jimenez, J&Co. Commercial Real Estate, Inc.

About this home

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

Property

Type
Income/MultiFamily
Year built
1960
Lot size
15,000 sq ft
County
Miami-Dade County
Flood zone
AE

Community and fees

Terms
All Cash, Exchange

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 15, 2026.