Excellence in South Florida Real Estate

1362 SW 2nd St, Miami, 33135

  • $3,900,000

Buy

Miami

Quick Details

MLS #: A11793460
  • Property Type
  • Quadruplex
  • 8019
  • sqft
  • 1914
  • Year Built

Description

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.

  • Address 1362 SW 2nd St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33135
  • Area Miami-dade County

Details

  • MLS #: A11793460
  • Price: $3,900,000
  • Property Size: 8019 sqft
  • Year Built: 1914
  • Property Type: Quadruplex
  • Property Status: Buy
Listed by Oscar Arellano Jr. · BHHS EWM Realty - Updated on May 9, 2025 at 2:04 pm

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For more information about this Quadruplex for Buy currently listed for $3900000 located in 1362 SW 2nd St Miami, Florida 33135 please call our real estate office at 1-(305) 728-0840

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