1362 SW 2nd St
Miami, FL 33135
- – beds
- – baths
- 8,019 sqft
- $486 per sqft
- 1914 build
- – on site
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.
Last checked:
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Last updated May 20, 2025
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MLS# A11793460 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1914
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Year Built Details:Resale
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Construction Materials:Block
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Architectural Style:Fourplex
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Stories:1
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Levels:One
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Roof:Barrel, Flat
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Window Features:Blinds
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Building Area Total:8019.0
Interior
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Flooring:Laminate
Room Dimensions
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Living Area:8019.0
The Property
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Parcel Number:01 41 02 006 2220
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Zoning Description:3901
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Lot Features:QuarterToHalfAcreLot
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (305) 525-7324
- Office phone:
- (305) 960-2400
Taxes
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Tax Year:2024
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Tax Annual Amount:$47,732
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Tax Legal Description:LAWRENCE 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
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Central
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Heating:true
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Cooling:WallWindowUnits
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
The Community
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Subdivision Name:Lawrence Estates Land Cos
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Pool Features:None
Parking
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Parking Total:11.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/8/25
May 8, 2025
|
Pending | MLSM | $3,900,000 | |
|
4/30/25
Apr 30, 2025
|
Listed / Active | MLSM | $3,900,000 | |
|
3/27/25
Mar 27, 2025
|
Listed / Active | MLSM |
