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1362 SW 2nd St, Miami FL 33135

Multi-family Recently Sold
$3,700,000

BTC: 38.94736842

ETH: 1,193.54838710

Sold on: 2025-08-22
7 days
0 room(s)
8,019 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

High-performing 20-unit multifamily asset in the heart of Little Havana generating $339,480 in gross annual rent & $227,776 in NOI. Strong in-place income with plenty of upside—current rents are below Section 8 levels, offering immediate value-add potential through rental increases. Other features: newer roofs, upgraded PVC plumbing, & a history of consistent 100% occupancy. Unit mix: (1) 1-bed/2-bath, (14) 1-bed/1-bath, (4) 2-bed/1-bath, & (1) 2-bed/2-bath. Priced at just $195,000 per unit—rare for Little Havana with this level of stabilized income. 40-Year Recertifications have been completed. Attachments include the current rent roll, 2024 operating statement, & certification reports. Freddie Mac loan is assumable with a 3.83% interest rate, approx. $1,735,000 balance, & 2030 maturity.

Location

Florida • Miami • 33135 • Multi-family • Recently Sold

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1914
Lot:
No Data
Heating:
Central
Price/sqft:
$486
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features

  • Heating

    • Central

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 01-41-02-006-2220

    • Zoning: 3901

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Other financial information

    • Annual tax amount: $47,732

  • Source details

    • MLS ID: A11793460

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Window Features: Blinds

    • Architectural Style: Detached

    • Living Area: 8019

    • Subdivision Name: LAWRENCE ESTATES LAND COS

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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: BHHS EWM Realty