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18 studio building

542, Southwest 3rd Street, Miami, Miami-Dade County, Florida, 33130, United States
  • Multi-family
  • Property Type
  • 18
  • Units
  • 9,408
  • ft²
  • 7,500
  • Lot ft²
For Sale
18 studio building
542, Southwest 3rd Street, Miami, Miami-Dade County, Florida, 33130, United States

Details

Updated on September 8, 2025 at 4:35 pm
  • Price: $5,200,000
  • Property Size: 9,408 ft²
  • Land Area: 7,500 ft²
  • Units: 18
  • Property Type: Multi-family
  • Property Status: For Sale

Description

This 2021-built 18-unit multifamily in Little Havana is a first-of-its-kind project developed under Miami’s mixed-income affordable housing program, which allowed a unit count increase on a T4-R lot. The property offers a mix of studios and one-bedroom units with affordability set-asides (30% and 50% AMI) and features six two-bedroom units that were later split into studios alongside six original studios.

Located steps from Jose Marti Park, Publix, and Calle Ocho, and with excellent proximity to Downtown, the Health District, and schools, the building provides strong tenant appeal and accessibility. Positioned within one of Miami’s fastest-growing and culturally vibrant neighborhoods, the property represents both stable rental demand and significant long-term investment potential, making it a rare opportunity to secure income and appreciation in a thriving community.

Property Documents

542 SW 3 ST,-MV-CC-FLYER
  • Address 542, Southwest 3rd Street, Miami, Miami-Dade County, Florida, 33130, United States
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33130

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