542 3rd St , for Sale

542 3rd St for Sale

Price $5,200,000.00

• Lot size 9408
• Year Build 2021
• Waterfront
• Zip 33130
• Style
• Parking Description
• Pool Yes
• Status Active

Description

The first of it?s kind in Little Havana, this is a 2021 built 18 studio apartment building taking advantage of City of Miami mixed-income affordable housing program that allowed developer to double the number of units. -Tremendous accessibility to nearby Jose Marti park, Publix in walking distance and Calle Ocho. -Close proximity to employment centers such as Downtown, the Health district, and nearby schools also make it highly desirable. Investors keen on capitalizing on this growth will find this property as a cornerstone for a robust and profitable portfolio. The rising demand for quality housing in this area positions these units as a sought-after choice, ensuring consistent and lucrative rental income.

CITY OF MIAMI SOUTH PB B-41 LOT 6 BLK 25 LOT SIZE 7500 SQUARE FEET OR 20602-2741 07 2002 6 COC 26013-2063 10 2007 3

The first of it?s kind in Little Havana, this is a 2021 built 18 studio apartment building taking advantage of City of Miami mixed-income affordable housing program that allowed developer to double the number of units. -Tremendous accessibility to nearby Jose Marti park, Publix in walking distance and Calle Ocho. -Close proximity to employment centers such as Downtown, the Health district, and nearby schools also make it highly desirable. Investors keen on capitalizing on this growth will find this property as a cornerstone for a robust and profitable portfolio. The rising demand for quality housing in this area positions these units as a sought-after choice, ensuring consistent and lucrative rental income.

City:Miami,Zoning:3900,List A O R:A-Miami Association of REALTORS,Latitude:25.770693,List Price:5200000,Listing Id:A11869287,Longitude:-80.2035245,Mls Status:Active,Year Built:2021,Postal Code:33130,Street Name:3rd St,Coordinates:1:25.770693,Photos Count:16,Business Type:1:Commercial/Residential Income,Days On Market:1,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2025-08-29,Parcel Number:01-02-02-050-1070,Property Type:Commercial Sale,Street Number:542,Public Remarks:The first of it?s kind in Little Havana, this is a 2021 built 18 studio apartment building taking advantage of City of Miami mixed-income affordable housing program that allowed developer to double the number of units. -Tremendous accessibility to nearby Jose Marti park, Publix in walking distance and Calle Ocho. -Close proximity to employment centers such as Downtown, the Health district, and nearby schools also make it highly desirable. Investors keen on capitalizing on this growth will find this property as a cornerstone for a robust and profitable portfolio. The rising demand for quality housing in this area positions these units as a sought-after choice, ensuring consistent and lucrative rental income.,County Or Parish:Miami-Dade County,List Office Name:Fausto Commercial Realty Consultants Inc,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:1676,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:63296,Unparsed Address:542 SW 3rd St, Miami FL 33130,Listing Agreement:Exclusive Agency,Security Features:1:Smoke Detector(s),2:Fire Sprinkler System,Building Area Total:9408,Building Area Units:Square Feet,Lot Size Square Feet:7500,Original List Price:5200000,Public Survey Range:50,I D X Participation Y N:1,Syndication Remarks:The first of it?s kind in Little Havana, this is a 2021 built 18 studio apartment building taking advantage of City of Miami mixed-income affordable housing program that allowed developer to double the number of units. -Tremendous accessibility to nearby Jose Marti park, Publix in walking distance and Calle Ocho. -Close proximity to employment centers such as Downtown, the Health district, and nearby schools also make it highly desirable. Investors keen on capitalizing on this growth will find this property as a cornerstone for a robust and profitable portfolio. The rising demand for quality housing in this area positions these units as a sought-after choice, ensuring consistent and lucrative rental income.,Listing Contract Date:2025-08-29,Originating System I D:miamire,Public Survey Section:2,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:542,Tax Legal Description:CITY OF MIAMI SOUTH PB B-41 LOT 6 BLK 25 LOT SIZE 7500 SQUARE FEET OR 20602-2741 07 2002 6 COC 26013-2063 10 2007 3,Electric On Property Y N:1,Public Survey Township:50,Construction Materials:1:CBS Construction,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:This multifamily property in Little Havana isn't just a dwelling?it's an opportunity to invest in a thriving community and secure a prosperous future.,Contract Status Change Date:2025-08-29,Internet Address Display Y N:1,Number Of Units In Community:18,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,