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  • Type
  • Quadruplex
  • 8019 Square Feet
  • Area Size
Residential Income Active
1362 SW 2nd St, Miami FL 33135 | Miami-Dade County | A11957385
  • $3,990,000

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.

Address

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  • Address: 2nd St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33135
  • Area: LAWRENCE ESTATES LAND COS

Details

Updated on February 13, 2026 at 3:47 am
  • Property ID A11957385
  • Price $3,990,000
  • Property Size 8019 Square Feet
  • Year Built 1914
  • Type Quadruplex
  • Property Status Residential Income

Additional details

  • ArchitecturalStyle Detached
  • BuildingAreaTotal 8019
  • BuildingAreaUnits Square Feet
  • BuildingName LAWRENCE ESTATES LAND COS
  • ConstructionMaterials CBS Construction
  • ContractStatusChangeDate 2026-02-11
  • Cooling Wall/Window Unit(s)
  • DaysOnMarket 1
  • DocumentsAvailable Copy Of Lease(S), Other Available Information, Rent Rolls
  • ExpirationDate 2026-08-11
  • Heating Central
  • InternetAddressDisplayYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR A-Miami Association of REALTORS
  • ListAgentDirectPhone 305-525-7324
  • ListingTerms All Cash, Conventional
  • LotFeatures 1/4 To Less Than 1/2 Acre Lot
  • LotSizeSquareFeet 0
  • MLSAreaMajor Lawrence Estates Land Cos
  • MajorChangeTimestamp February 11, 2026 at 03:29pm
  • MajorChangeType New
  • MlsStatus Active
  • ModificationTimestamp February 12, 2026 at 05:30pm
  • NumberOfUnitsInCommunity 3
  • OnMarketDate 2026-02-11
  • OriginalEntryTimestamp February 11, 2026 at 03:29pm
  • OriginalListPrice 3990000
  • OriginatingSystemID miamire
  • OriginatingSystemKey miamire
  • OriginatingSystemName Miami Association of REALTORS®
  • OtherExpense 0
  • ParcelNumber 01-41-02-006-2220
  • ParkingTotal 11
  • PhotosChangeTimestamp February 12, 2026 at 12:01am
  • PhotosCount 45
  • Possession Funding
  • PostalCodePlus4 2366
  • PriceChangeTimestamp February 2, 2026 at 08:35pm
  • PublicSurveyRange 41
  • PublicSurveySection 2
  • PublicSurveyTownship 41
  • RentIncludes Gas, Hot Water, Gardener, Pest Control, Sewer, Trash Collection, Water
  • Roof Barrel Roof, Flat Roof With Facade Front
  • Sewer Public Sewer
  • ShowingContactType Agent
  • ShowingInstructions Call Listing Agent
  • SourceSystemKey 426243566
  • StateOrProvince FL
  • StatusChangeTimestamp February 11, 2026 at 03:29pm
  • Stories 1
  • StoriesTotal 1
  • StreetDirPrefix SW
  • StreetName 2nd St
  • StreetNumber 1362
  • StreetNumberNumeric 1362
  • StructureType Quadruplex, Fourplex
  • SyndicationRemarks 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.
  • TaxAnnualAmount 49432
  • TaxLegalDescription 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
  • TaxYear 2025
  • YearBuiltDetails Resale
  • Zoning 3901

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