1535 SW 2nd St, Miami FL 33135 | Miami-Dade County | A11931155
  • $1,290,000

Description

This income-producing property is currently operating as a successful hostel / short-term rental, with total of 50 beds. The property is configured into three units plus an efficiency-style, offering exceptional flexibility and strong income potential. Unit breakdown: Unit 1: 6 bedrooms / 3 full bathrooms Unit 2: 4 bedrooms / 4 full bathrooms Unit 3: 3 bedrooms / 3.5 bathrooms efficiency-style 3 bedrooms and 2 bathrooms. Located in the desirable and vibrant Little Havana neighborhood, this property is ideal for investors looking to continue a short-term rental business (Airbnb/Booking) or for buyers seeking a multifamily rental opportunity. Proven layout for high occupancy and multiple income streams. Close to dining, shopping, major roads, and downtown Miami. A rare opportunity to acquire a turn-key investment property in one of Miami’s most sought-after areas.

Property Overview

This triplex at 1535 SW 2nd St in Miami is currently configured as an income-producing property, operating as a hostel or short-term rental with a total of 50 beds. It consists of three primary units and an efficiency-style space, making it highly adaptable for various use cases. The unit layout includes Unit 1 with 6 bedrooms and 3 full bathrooms, Unit 2 with 4 bedrooms and 4 full bathrooms, Unit 3 with 3 bedrooms and 3.5 bathrooms, and the efficiency with 3 bedrooms and 2 bathrooms. Built in 1922, the home sits on a solid foundation in the Lawrence Estates Land Cos subdivision, offering over 3,188 square feet of living space. The property is well-suited for investors due to its current setup and location in the bustling Little Havana neighborhood. It's close to restaurants, retail, major roads, and downtown Miami, making it a convenient and accessible location for a wide range of tenants or guests. Currently listed for $1,290,000, this turn-key property has a proven layout that supports high occupancy and multiple income streams. It provides the flexibility to continue as a short-term rental or transition to a traditional multifamily rental. The property is ideal for those seeking a reliable and adaptable investment in a desirable part of the city. For further details, call 305-859-4733.

Frequently Asked Questions

How many units does the property have, and what is the configuration?

The property is a triplex with three main units and an efficiency-style unit. Unit 1 has 6 bedrooms and 3 full bathrooms. Unit 2 has 4 bedrooms and 4 full bathrooms. Unit 3 has 3 bedrooms and 3.5 bathrooms. The efficiency-style unit has 3 bedrooms and 2 bathrooms.

What is the property currently used for?

The property is currently operating as a hostel and short-term rental, with a total of 50 beds. It has a proven layout that supports high occupancy and multiple income streams.

What is the price of the property?

The asking price for the property is $1,290,000.

Where is the property located?

The property is located at 1535 SW 2nd St, Miami FL 33135, in the Little Havana neighborhood.

What are the property's key features for an investor?

The property offers strong income potential, with a layout that supports continued operation as a short-term rental or long-term multifamily rental. It is located in a vibrant, desirable area with proximity to dining, shopping, and downtown Miami.

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

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

Details

Updated on June 15, 2026 at 5:49 pm
  • Property ID A11931155
  • Price $1,290,000
  • Property Size 3188 Sq Ft
  • Year Built 1922
  • Type Triplex
  • Property Status Active, Residential Income

Additional details

  • Cooling Central Air
  • Association Type None
  • Building LAWRENCE ESTATES LAND COS
  • Area Lawrence Estates Land Cos
  • Annual Tax 14987
  • Association No
  • Private Pool No
  • Listing Terms All Cash, Conventional, FHA, VA Loan
  • Waterfront No
  • Subdivision LAWRENCE ESTATES LAND COS
  • Total Stories 2
  • Heating Other
  • Structure Type Triplex
  • Tax Year 2025
  • Construction Concrete Block Construction, CBS Construction
  • Building Area 3188
  • Year Built Details Effective Year Built
  • Flood Zone AH
  • New Construction No
  • Style Triplex
  • Lot Size (Sq Ft) 0

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