1137 NW 2nd St Miami, FL $ 1,800,000
1137 NW 2nd St
$ 1,800,000
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1137 NW 2nd St

Miami, FL, 33128
$ 1,800,000
Baths0.0 Sq 4,574

Monthly Estimate*

$ 12,574

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Studio

Commercial Property for sale in Miami, FL

for $1,800,000. This 4,574 square foot building was built in 1985 on a lot size of 0.160698.

Here in Little Havana lies this exceptional 6 unit multifamily income producing property that was built in 1985.Four units are 2 bedroom 1 bath units, two are 1 bedroom 1 bath, all rents are month-to month. This gives investors the opportunity to increase revenues quickly to market levels. The roof was restored in early 2023, central A/C throughout the building, PVC plumbing, and opportunity to sub-meter to later bill tenants directly for the water. There is ample parking on site for residents and visitors. Multifamily has proven to be a COVID and inflation proof investment, and the area continues to see great rent collections. Centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami.

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Commercial Active

Price

$ 1,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,064

Style

MultiFamily

Lot Size

0.160698

Year Built

1985

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11472357

Features
General
Year Built 1985
Property SubType MultiFamily
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Miami
Buyer Agent Compensation 3.0%
View Y/N N
Senior Community Y/N N
Zoning Description T4-R
MLS Area 41
Lot Size Square Feet 7000.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 2nd St
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 14064.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11472357
Days on Market 0
Structure Type Apartment
Standard Status Active
Occupancy Description Tenant
Property Sub Type Additional MultiFamily
Legal Description LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 16 LESS S10FT BLK 10 LOT SIZE 7000 SQUARE FEET OR 18450-3384 0199 1
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Exterior
Lot Size Area 7000.0
Spa N
Building Area Total 4574.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 1137
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* Excluded Features
List By
Fausto Commercial Realty Consultants Inc

Broker

mv@faustocommercial.com

Email

Affordability Calculator

$13,746
Per Month
91%
9%
0%
Monthly Principal & Interest
$12,574
Monthly Property Taxes
$1,172
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/19/2023$1,800,000 Listed Price

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1137 NW 2nd St, Miami, FL, 33128 is a Commercial Property for sale at $1,800,000 with 4,574 sqft and a lot size of 0.160698. 1137 NW 2nd St is a studio with 0.0 baths and was built in 1985. The property's zip code is 33128 which is in Miami, FL