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1362 Sw 2nd St, Miami, FL – $3,900,000

  • $3.9M Price
  • 8,019 Sqft
  • 43 DOM
  • $3.9M Price
  • 8,019 Sqft
  • 43 DOM

1362 Sw 2nd St

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.

Essential Information

  • MLS® #A11793460
  • Price$3,900,000
  • Bathrooms0.00
  • Square Footage8,019
  • Year Built1914
  • TypeResidential Income
  • Sub-TypeQuadruplex
  • StyleFourplex
  • StatusPending

Community Information

  • Address1362 Sw 2nd St
  • Area41
  • SubdivisionLAWRENCE ESTATES LAND COS
  • CityMiami
  • CountyMiami-Dade
  • StateFL
  • Zip Code33135-2366

Amenities

  • UtilitiesCable Available

Interior

  • InteriorLaminate
  • HeatingCentral
  • CoolingWall/Window Unit(s)
  • # of Stories1
  • StoriesOne

Exterior

  • WindowsBlinds
  • RoofBarrel, Flat
  • ConstructionBlock

Additional Information

  • Listing Courtesy ofBHHS EWM Realty
  • Date ListedApril 30th, 2025
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