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1468 SW 2nd St, Miami FL 33135

Multi-family For Sale
$650,000

BTC: 8.35314528

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-$50K (2026/07/28)
61 days
0 room(s)
1,856 sqft

Overview

Little Havana duplex in a quiet residential pocket, offering exemption from 40-year recertification requirements, current multifamily utility, value-add upside, and long-term T4-L land control. Located at 1468 SW 2 Street, the property sits within one of Miami’s most established urban neighborhoods, close to Flagler Street, Calle Ocho, Downtown Miami, Brickell, the Miami River, and the Health District, while remaining tucked away from the heavier traffic and tourism patterns of the area’s commercial corridors. The property is improved with a 1921-built duplex featuring a 2-bedroom/1-bath unit and a 2-bedroom/2-bath unit. The building needs renovation, but offers a compelling value-add canvas for an investor willing to restore character, improve operations, and capture rental upside in a supply-constrained Little Havana submarket. Zoned T4-L and situated on a 5,000 SF lot, the site also provides longer-term development optionality in a neighborhood supported by durable residential demand, nearby schools, major employment centers, entertainment corridors, and strong access to Miami’s urban core.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1921
Lot:
No Data
Heating:
Other
Price/sqft:
$350
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$704,950
$479K – $920K
Confidence Low
List vs. estimate
$54K below estimate
List $650,000 · -7.8%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$350
-19.6% vs. city median $435
Based on
10 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $527K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$8,388
2025
Parking
1 spaces
All facts and features
  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-41-02-006-2430

    • Zoning: 3901

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $8,388

  • Source details

    • MLS ID: A12041607

    Other facts

    • Construction Materials: Elevated Construction / Frame / Other

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached / Other

    • Living Area: 1856

    • Subdivision Name: LAWRENCE ESTATES LAND COS

Private inquiry
Talk to the advisor on this listing.
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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: Fausto Commercial Realty Consultants Inc