AAtlantic Commercial AdvisorsKW Commercial · South Florida
500 SW 3rd St, photo 1 of 1
For SaleMLSIncome/MultiFamily

500 SW 3rd St, Miami, FL

$5.40M

Listing courtesy of J&Co. Commercial Real Estate, Inc. (George Jimenez). Contact: [email protected].

About this property

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.

Property facts

Sqft
10,324
Year Built
1960
Location
Miami, FL 33130
County
Miami-Dade County
Florida risk
FEMA flood zone
Zone AE, special flood hazard area
Base flood elevation
9 ft (NGVD29)
Ground elevation
2.7 ft
Hurricane evacuation zone
Zone B
Distance to the coast
1.0 mi

Sources: FEMA National Flood Hazard Layer (panel 12086C0314L, effective 2009-09-11), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-02. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.

Request the OM / rent roll

Offering memorandum, rent roll and financials where the owner releases them. Tell us who you are and Anthony replies, usually within 1 hour.

Is this a 1031 exchange purchase?Buying with 1031 exchange funds?
Ask about this property

Rent roll, cap rate, zoning, tours, off-market alternatives. Leave your email and Anthony replies, usually within 1 hour.

Interested in this property?

Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.

Listing data courtesy of Miami REALTORS® / Southeast Florida MLS. This site is operated by Anthony Conners, Atlantic Commercial Advisors, KW Commercial. Atlantic Commercial Advisors is not the listing broker unless stated.

Listing data last updated Sep 14, 2026, 2:48 PM ET.

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS.