Property Description

High-performing 20-unit multifamily asset in the heart of Little Havana generating $356,580 in gross annual rent & $236,901 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 $199,500 per unit—rare for Little Havana with this level of stabilized income. 40-Year Recertifications have been completed. Attachments include the current rent roll, 2025 operating statement, & certification reports. Freddie Mac loan is assumable with a 3.83% interest rate, approx. $1,720,000 balance, & 2030 maturity.

Features
Swimming Pool
Heating System
Cooling System
Parking
Architectural Style
Roof:
Barrel, Flat
Sewer
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33135
Street:
1362 Sw 2nd St, Miami, Florida 33135
Longitude:
W81° 46' 57''
Latitude:
N25° 46' 16.3''
MLS Addon
Building Area:
8,019 Sqft
Construction Materials:
Block
Cumulative DOM:
1
DOM:
1
Flooring:
Laminate
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional
Lot Features
Parcel Number:
01-41-02-006-2220
Subdivision Name:
LAWRENCE ESTATES LAND COS
Tax Annual Amount:
$49,432
Tax Year:
2025
Utilities
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Residential Income For Sale

1362 Sw 2nd St, Miami, Florida 33135, Miami, Florida 33135

8,019 Sqft
$3,990,000
MLS # #A11957385
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Price :
$3,990,000
Square Footage :
8,019 Sqft
Year Built :
1914
MLS # :
A11957385
Property Sub Type :
Quadruplex
Agent info
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