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1478 SW 2nd St, Miami FL 33135

Multi-family For Sale
$800,000

BTC: 9.56708921

ETH: 328.94736842

New
0 room(s)
1,436 sqft

Overview

1478 is a fully occupied triplex in very good condition, on a 5,000 SF corner lot in a quiet residential pocket of Little Havana. It’s minutes from Calle Ocho, Flagler Street, Downtown Miami, Brickell, the Miami River, and the Health District. Income while you plan: three units, 100% occupied, with no major capital needs. You collect stable cash flow from day one while you decide your long-term play. Build potential: zoned T4-L, the corner lot allows about 4 units by right, up to 3 stories, and roughly 9,000 SF of buildable area. The corner adds frontage and visibility for future redevelopment. Bigger opportunity: the adjacent duplex at 1468 SW 2 Street is also available. Together they make a ±10,000 SF corner assemblage.

Location

Details

Type:
Residential Income
Parking:
No Data
Year Built:
1925
Lot:
No Data
Heating:
Other
Price/sqft:
$557
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$708,750
$596K – $799K
Confidence Low
List vs. estimate
$91K above estimate
List $800,000 · +12.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$557
+27.6% vs. city median $436
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $307K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$5,723
2025
Parking
2 spaces
All facts and features
  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • Central Air

  • Other Property Information

    • Parcel Number: 01-41-02-006-2450

    • Zoning: 3901

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Triplex

  • Other financial information

    • Annual tax amount: $5,723

  • Source details

    • MLS ID: A12110841

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Other

    • Living Area: 1436

    • Subdivision Name: LAWRENCE ESTATES LAND COS

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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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