1362 SW 2nd St Miami, FL $ 3,990,000
1362 SW 2nd St
$ 3,990,000
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1362 SW 2nd St

Miami, FL, 33135
$ 3,990,000
Bedrooms1 Baths1.0 Sq 8,019

Monthly Estimate*

$ 24,567

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Multi-Family Home for sale in Miami, FL

for $3,990,000 with 1 bedroom and 1 full bath. This 8,019 square foot home was built in 1914.

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.

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Multi-Family Active

Price

$ 3,990,000

Bedrooms

1

Full Bath

1

Property Type

Multi-Family

Taxes

$ 49,432

Style

Year Built

1914

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11957385

Features
General
Sewer Public Sewer
Heating Central
Cooling Wall/Window Unit(s)
Utilities Cable Available
Possession Closing & Funding
Roof Barrel Flat
Architectural Style Fourplex
Pool Features None
Construction Materials Block
Year Built 1914
Stories Count 1
Levels One
Property Subtype Quadruplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name LAWRENCE ESTATES LAND COS
Rent Includes Gas Gardener Hot Water Pest Control Sewer Trash Collection Water
Full Baths 1
Status Active
City Miami
Zoning Description 3901
Number Of Units Total 14
MLS Area 41
Lot Size Units Square Feet
Listing Terms Cash Conventional
Year Built Details Resale
Tax Annual Amount 49432
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11957385
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Quadruplex
Legal Description LAWRENCE ESTATE LAND COS SUB PB 2-46 W1/2 LOT 7 & ALL LOT 8 BLK 82 LOT SIZE 11250 SQUARE FEET OR 20787-3725 1002 1
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Interior
Flooring Laminate
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 1
Total Baths 0
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Exterior
Lot Features 1/4 to 1/2 Acre Lot
Total Parking 11
Building Area Total 8019
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Coldwell Banker Realty

Broker

oscar@arellanoteam.com

Email

Affordability Calculator

$28,686
Per Month
86%
14%
0%
Monthly Principal & Interest
$24,567
Monthly Property Taxes
$4,119
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/12/2026$3,990,000 Listed Price

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1362 SW 2nd St, Miami, FL, 33135 is a Multi-Family Home for sale at $3,990,000 with 8,019 sqft. 1362 SW 2nd St has 1 bedrooms, 1.0 baths, and was built in 1914. The property's zip code is 33135 which is in Miami, FL