CITY OF MIAMI SOUTH PB B-41 LOTS 1 & 2 BLK 25 LOT SIZE 15000 SQ FT M/L OR 14122-689 0589 2 COC 21454-4867 04 2003 2 500 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.