Miami, FL 33135 1362 SW 2nd St
$3,900,000
Pending
25 more
Presented By: This listing is courtesy of BHHS EWM Realty;
Beds • 5
Baths • 4
SQFT • 8,019
Home Details
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.
Presented By: This listing is courtesy of BHHS EWM Realty;
Interior Features for 1362 SW 2nd St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Window FeaturesBlinds
General for 1362 SW 2nd St
Additional Parcels Y/NNo
Architectural StyleFourplex
Attached Garage No
Carport Y/NNo
CityMiami
Construction MaterialsBlock
ContingencyNo Contingencies
CoolingWallWindowUnits
CountyMiami-Dade
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLAWRENCE ESTATE LAND COS SUB PB 2-46 W1/2 LOT 7 & ALL LOT 8 BLK 82 LOT SIZE 11250 SQUARE FEET OR 20787-3725 1002 1
LevelsOne
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area41
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeCallAgent
Pool FeaturesNone
PossessionClosingAndFunding
PostalCityMiami
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Rent IncludesGas, Gardener, HotWater, PestControl, Sewer, TrashCollection, Water
RoofBarrel, Flat
Senior Community Y/NNo
SewerPublicSewer
Showing InstructionsCall Listing Agent
Standard StatusPending
StatusPending
Stories1
Subdivision NameLAWRENCE ESTATES LAND COS
Tax Annual Amount47732.0
Tax Year2024
UtilitiesCableAvailable
Virtual TourClick here
Waterfront Y/NNo
Year Built1914
Year Built DetailsResale
Zoning Description3901
Exterior for 1362 SW 2nd St
Building Area Total8019.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesQuarterToHalfAcreLot
Open Parking Y/NNo
Private PoolNo
SpaNo
Total Parking11.0
Additional Details
Price History
Nesken Matias
Realtor®
