A very uniquely designed “shovel-ready” land development opportunity in Little Havana to build a 21-unit multifamily building is 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 reduces cost of construction to developers comparing alternate site in the area. 20 Units are oversized Studios (easily converted to 1 bedroom, 400-460 SF), and 1 one bedroom (500 SF). An alternative strategy, by paying deferred impact fees, motel/lodging use operators can get licensure to operate this for short-term rental.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
3
/10
Riverside Elementary School
1190 SW 2nd St
Distance between this listing and this school0.12 miles
Public District Grades PK-5
3
/10
Alpha Charter of Excellence
1217 SW 4th St
Distance between this listing and this school0.12 miles
Public Charter Grades KG-5
10
/10
Mater Academy East Charter
450 SW 4th St
Distance between this listing and this school0.84 miles
Public Charter Grades KG-5
Nearby Schools
9
/10
Lincoln-Marti Charter School Little Havana Campus
970 W Flagler St # 984
Distance between this listing and this school0.34 miles
Public Charter Grades KG-8
3
/10
Mater Preparatory Academy
601 NW 12th Ave
Distance between this listing and this school0.57 miles
Public Charter Grades KG-8
6
/10
Sports Leadership and Management (Slam) Charter Middle School
604 NW 12th Ave
Distance between this listing and this school0.57 miles
Public Charter Grades 6-8
Nearby Schools
10
/10
Young Womens Preparatory Academy
1150 SW 1st St
Distance between this listing and this school0.13 miles
Public Magnet Grades 6-12
9
/10
Mater Academy East Charter High School
998 SW 1st St
Distance between this listing and this school0.29 miles
Public Charter Grades 9-12
6
/10
Charter High School of the Americas
970 W Flagler St # 984
Distance between this listing and this school0.34 miles
The neighbors living near this home have an average income of $21,905. The most common annual income of people living in Miami, FL is less than $35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1254 SW 2nd St
What is the listing price of this property?
The listing price of 1254 SW 2nd St property is $1,650,000.
What type of property is this?
The property 1254 SW 2nd St is land located in Miami, Florida, 33135.
Is this property for sale now?
Active Listing: 1254 SW 2nd St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $7,162 (source: MLS/based on county public records data).
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This home is located at 1254 SW 2nd St in Miami, FL and zip code 33135 in the Little Havana neighborhood. This home sits on a 0.16 acre lot. It has been listed on Rocket Homes since February 06, 2024 and is currently priced at $1,650,000.
In November 2024 more than 38 listings in Miami, FL were sold above the asking price. During the same period more than 112 listings were sold at asking price, while more than 445 were sold below. The number of listings in Miami, FL increased by 6.7% between October 2024 and November 2024. While the average time on the market in November 2024 was 60 days, the median list price was $565,671.
From Rocket Homes Real Estate and based on county public records data.