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1553 SW 2nd St, Miami FL 33135

Commercial For Sale
$6,500,000

BTC: 102.52365931

ETH: 3,416.30576462

25 days
0 room(s)

Overview

Situated on SW 2nd Street in the heart of East Little Havana, this 2009- construction apartment building consists of 21 residential units totaling 22,336 SF on a 15,000 SF lot, offering turn-key in-place income and significant long-term investment potential in one of Miami's most strategically positioned urban submarkets. East Little Havana continues to experience substantial growth due to its central location and connectivity to Miami's major employment and lifestyle centers, including Downtown Miami, Brickell, the Health District, and Miami International Airport. The property benefits from direct access via HWY 836, a location just one block from loanDepot Park, and proximity to Calle Ocho, one of Miami's most recognized cultural corridors. Constructed in 2009, the asset is a genuinely turn-key offering that spares an investor the major capital projects typical of older Little Havana stock. Each of the 21 one-bedroom units features 1.5 baths, loft-style layouts, central A/C, and an in-unit washer/dryer, with gated on-site ground-floor parking and the option to sub-meter individual water meters. With strong in-place rents and a clear mark-to-market runway, this building represents a durable income-producing asset with meaningful rent upside.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
2009
Lot:
15000 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,850,000
$622K – $6.3M
Confidence Low
List vs. estimate
$4.7M above estimate
List $6,500,000 · +251.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $605K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Lot

    • Lot: 15000 Square Feet

    Other Property Information

    • Parcel Number: 01-41-02-006-1570

    • Zoning: T5-L

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Source details

    • MLS ID: A12044486

Private inquiry
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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