526 SW 2 Miami, FL ^$ 5,400,000

526 SW 2

^$ 5,400,000

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526 SW 2

Miami, FL, 33130

^$ 5,400,000

Studio Baths0.0 Sq 9,367

Monthly Estimate*

^$ 37,721

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Studio

Commercial Property for sale in Miami, FL

for $5,400,000. This 9,367 square foot building was built on a lot size of 0.172176.

In the heart of Little Havana, modern luxury meets the cultural essence of Miami’s iconic neighborhood. Fausto Commercial presents a premier investment opportunity in a newly constructed 6-unit building, offering the ideal blend of contemporary living & prime location. Each of the six spacious units boasts a thoughtful layout with 3 bedrooms & 3 baths, perfect for tenants seeking comfort & convenience. Limited units will have the option to have 2 parking spaces. Little Havana's allure lies not only in its rich cultural tapestry but also in its promising investment landscape. As property values continue to surge, this area stands as a testament to Miami's upward vector. Investors keen on capitalizing on this growth will find this property as a cornerstone for a robust & profitable portfolio

Commercial Active

Price

^$ 5,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,130

Style

MultiFamily

Lot Size

0.172176

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11510411

Features

General

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 2.0%

View Y/N N

Senior Community Y/N N

Zoning Description T4-R

MLS Area 41

Lot Size Square Feet 7500.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name 2

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 11130.0

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/A11510411

Days on Market 7

Structure Type Apartment

Standard Status Active

Occupancy Description Vacant

Property Sub Type Additional MultiFamily

Legal Description CITY OF MIAMI SOUTH PB B-41 LOT 4 BLK 20 LOT SIZE 7500 SQUARE FEET COC 23350-3040 04 2005 1

Exterior

Lot Size Area 7500.0

Spa N

Building Area Total 9367.0

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

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

Internal Only

Street Number 1 526

* Excluded Features

List By

Fausto Commercial Realty Consultants Inc

Broker

mv@faustocommercial.com

Affordability Calculator

$38,648

Per Month

Monthly Principal & Interest: $37,721
Monthly Property Taxes: $928
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Miami, FL

Average List Price ^$2,162,043

Percent of Sale Price 60%

About Miami, FL

450,829 Population

25% Since 2002

^$39,267 Median Income

40.58 Median Age

22% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

292769 Elementary School

292996 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/8/2024	$5,400,000		Listed Price

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526 SW 2, Miami, FL, 33130 is a Commercial Property for sale at $5,400,000 with 9,367 sqft and a lot size of 0.172176. 526 SW 2 is a studio with 0.0 baths. The property's zip code is 33130 which is in Miami, FL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to the real estate for sale on this web site comes in part from the Realtor Association of Greater Miami and the Beaches.

The information being provided is for consumers'personal, non-commercial use and may not be used for any purpose other than to identify prospective consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

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526 SW 2

Commercial Property for sale in Miami, FL

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