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1037 NW 2nd St, Miami FL 33128

Commercial Active With Contract
$3,775,000

BTC: 49.30773250

ETH: 1,677.77777778

162 days
0 room(s)

Overview

Newly constructed 10-unit multifamily asset in the rapidly growing East Little Havana submarket of Miami. The building features a well-balanced unit mix of FOUR studio apartments and SIX two-bedroom residences, designed to appeal to a wide range of tenants, including young professionals, medical employees, and small families. Each unit includes modern kitchens, stainless steel appliances, porcelain tile flooring, central air conditioning, and an in-unit washer and dryer, providing a contemporary living experience that supports strong tenant demand. Based on current market rents, the property has the potential to generate approximately $22,000 in gross monthly income, or $264,000 annually, representing an estimated capitalization rate of approximately 6 percent.

Location

Florida • Miami • 33128 • Commercial • Active With Contract

Details

Type:
Commercial Sale
Parking:
Assigned / Covered
Year Built:
2026
Lot:
7000 Square Feet
Heating:
Central Electric
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,712,762
$1.8M – $6.3M
Confidence Low
List vs. estimate
$1.1M above estimate
List $3,775,000 · +39.2%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $857K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Parking
6 spaces
All facts and features

  • Heating

    • Central Electric

    Cooling

    • Central Individual A/C

  • Parking

    • Assigned

    • Covered

    Lot

    • Lot: 7000 Square Feet

    Other Property Information

    • Parcel Number: 01-41-02-005-1650

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Green energy

    • Appliances

  • Source details

    • MLS ID: A12002015

    Other facts

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33128
92
median $555K
Active
Same city
Miami
13,198
median $645K
Active
Same type
Commercial
1,243
median $1.2M
Active
Similar price
$2.6M – $4.9M
804
median $3.5M
Active

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: LUXE Capital Advisors