641 NW 2nd St Miami, FL $ 1,999,999
641 NW 2nd St
$ 1,999,999
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641 NW 2nd St

Miami, FL, 33128
$ 1,999,999
Bedrooms6 Baths-- Sq 4,688

Monthly Estimate*

$ 12,314

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Commercial Property for sale in Miami, FL

for $1,999,999 with 6 bedrooms. This 4,688 square foot building was built in 1972.

Prime Little River investment opportunity offering immediate income, value add potential, and long term redevelopment upside. Six unit multifamily property consisting of all 2 bedroom 1 bathroom units situated on a 7,500 sq ft lot with T6-8-O zoning. The building has been significantly improved with a new roof, updated electrical and plumbing, and completed 40 year recertification, providing a solid, low risk foundation for any investor. Each unit includes assigned parking and there is on site laundry, enhancing tenant retention and operational efficiency. For income focused buyers, this is a stable asset with strong rental demand in a rapidly growing area. For value add investors, there is clear potential to increase rents and further optimize the property. For developers, T6-8-O zoning allows for high density mixed use development up to 8 stories, creating a rare opportunity to build vertically in one of Miami’s fastest evolving corridors. Strategically located minutes from Wynwood, Downtown Miami, the Design District, and major highways. This is not just a property, it is a flexible investment play that works today and scales for the future.

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Commercial Active

Price

$ 1,999,999

Bedrooms

6

Property Type

Commercial

Taxes

$ 26,931

Style

Year Built

1972

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11989831

Features
General
Sewer Public Sewer
Heating Window Unit Wall Furnace
Cooling Wall/Window Unit(s)
Possession Closing & Funding
Roof Shingle
Security Features Fenced Smoke Detector(s)
Construction Materials Block
Year Built 1972
Tenant Pays Electricity
Stories Count 2
Levels Two
Property Subtype Multi Family
Tax Year 2025
County Miami-Dade
Property Type Commercial Sale
Full Baths 0
Status Active
City Miami
Zoning Description 4601
Number Of Units Total 6
MLS Area 41
Lot Size Units Square Feet
Lot Size Square Feet 7500
Listing Terms Cash Conventional 1031 Exchange
Year Built Details Resale
Tax Annual Amount 26931
Ok to Lease 12 Months
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11989831
Structure Type Multi Family
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional Multi Family
Legal Description CITY OF MIAMI SOUTH PB B-41 LOT 14 BLK 4 LOT SIZE 7500 SQUARE FEET OR 17205-2273 0496 1
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Interior
Flooring Laminate
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 6
Total Baths 0
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Exterior
Parking Features Assigned
Water Source Public
Lot Size Area 7500
Number of Buildings 1
Building Area Total 4688
Covered Spaces 0
Number of Separate Electric Meters 6
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* Excluded Features
List By
Avenew Realty Corp

Broker

ander@themethodre.com

Email

Affordability Calculator

$14,559
Per Month
85%
15%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
$2,244
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
3/27/2026$1,999,999 Listed Price

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641 NW 2nd St, Miami, FL, 33128 is a Commercial Property for sale at $1,999,999 with 4,688 sqft. 641 NW 2nd St has 6 bedroomsThe property's zip code is 33128 which is in Miami, FL