1362 SW 2nd St, Miami FL 33135

Residential Income Active

$3,990,000

Overview

MLS ID: A11957385

8019 Square Feet
Area Size

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.

Details

Updated on February 12, 2026 at 12:02 am

MLS ID A11957385
Price $3,990,000
Property Size 8019 Square Feet
Year Built 1914
Property Type Quadruplex
Property Status Residential Income

Additional details

MLS Status Active
Building Name LAWRENCE ESTATES LAND COS
Total Building Area 8019
Building Area Units Square Feet
Cooling Wall/Window Unit(s)
Heating Central
Roof Barrel Roof, Flat Roof With Facade Front
Parking Total 11
Construction Materials CBS Construction
Stories 1
Lot Features 1/4 To Less Than 1/2 Acre Lot
Lot Size Square Feet 0
Style Fourplex
Rent Includes Gas, Hot Water, Gardener, Pest Control, Sewer, Trash Collection, Water
Sewer Public Sewer
Type of Association None
Zoning 3901
Tax Annual Amount 49432
Tax Year 2025
Tax Exemptions Tax Reflects No Homestead Exemption
Possession Funding
Days On Market 0