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1563 SW 2nd St, Miami FL 33135

Commercial For Sale
$2,350,000

BTC: 37.48006380

ETH: 1,473.64064489

New
0 room(s)

Overview

Doce Tribus Apartments is a 12-unit complex located at 1563 SW 2nd Street in Miami, Florida. The offering consists of a 3-story building constructed in 1925 that has 5,928 SF, sitting on a 7,500 SF (0.17-acre) parcel. The unit mix is comprised of (10) studios and (2) 1-bed/1-bath units, each averaging 494 SF. Doce Tribus residents enjoy spacious studio layouts with wall/window A/C units, and the property is topped by a durable flat roof. Rents at the property currently range from $975 to $1,450, with an average in-place rent of $1,279. Water, sewer, and trash are all included in rent, providing residents with a simplified, all-in living experience while supporting strong tenant retention. The property offers both on-site and street parking. Doce Tribus Apartments is ideally situated in Little Havana, one of Miami’s most culturally vibrant and historically significant neighborhoods. The property benefits from its close proximity to three of South Florida’s largest economic drivers (Miami International Airport, the Health District/Civic Center, and PortMiami), all within a short drive via car or public transportation. This connectivity has placed sustained upward pressure on rental rates and kept vacancy in the submarket virtually nonexistent.

Location

Details

Type:
Commercial Sale
Parking:
Common
Year Built:
1925
Lot:
7500 Square Feet
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,800,000
$1.8M – $3.0M
Confidence Low
List vs. estimate
$450K below estimate
List $2,350,000 · -16.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $660K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$26,238
2025
Parking
12 spaces
All facts and features
  • Heating

    • Wall/Window Units

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • Common

    Lot

    • Lot: 7500 Square Feet

    Other Property Information

    • Parcel Number: 01-41-02-006-1560

    • Zoning: 3901

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $26,238

  • Source details

    • MLS ID: A12049940

    Other facts

    • Lot Features: In Residential Area

Private inquiry
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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: MSP Group, LLC