How much is 1254 SW 2nd Street?

1254 SW 2nd Street is listed at $6,999,999, about $650 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.

What is 1254 SW 2nd Street zoned?

The listing reports zoning of T5-L. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.

How big is 1254 SW 2nd Street?

The listing reports 10,769 square feet of building.

What are the property taxes on 1254 SW 2nd Street?

The listing reports annual property taxes of $10,515. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.

How do I tour 1254 SW 2nd Street?

Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

1254 SW 2nd Street, Miami, FL 33135

$6,999,999 · $650 per sq ft · Multifamily for sale

Property type: Multi Family
Asking price: $6,999,999
Price per sq ft: $650
Building size: 10,769 sq ft
Lot size: 7,405 sq ft
Zoning: T5-L
Parcel ID: 0141020061990
MLS#: A11876594

About this property

A very uniquely designed development being completed and set to be delivered with certificate of occupancy by January 2026 in Little Havana, this is a 21-unit multifamily bldg 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 reduced cost of construction to developers comparing alternate site in the area, and thereby keeps rents affordable to local residents. 20 Units are oversized Studios (easily converted to 1 bedroom, 400-460 SF), and 1 one bedroom (500 SF). An alternative strategy, motel/lodging use operators can get licensure to operate a combination of units for short-term rental. See attachments for Floor Plans and more

Operating Statement

Property taxes	$10,515/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Fausto Commercial Realty Consultants Inc · cfm@faustocommercial.com · Listing agent: Mauricio Villasuso

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 1254 SW 2nd Street or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 1254 SW 2nd Street

How much is 1254 SW 2nd Street?: 1254 SW 2nd Street is listed at $6,999,999, about $650 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 1254 SW 2nd Street zoned?: The listing reports zoning of T5-L. Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 1254 SW 2nd Street?: The listing reports 10,769 square feet of building.
What are the property taxes on 1254 SW 2nd Street?: The listing reports annual property taxes of $10,515. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 1254 SW 2nd Street?: Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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