What is the asking price and what does it include?

The list price for 641 NW 2nd St, Miami FL 33128 is $1,799,999. The property is a property with — bedrooms, — bathrooms, approximately — square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 641 NW 2nd St, Miami FL 33128 in Miami, 33128. Coordinates are approximately 25.7759974, -80.2053812. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 1,799,999 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 641 NW 2nd St, Miami FL 33128.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

Home
641 NW 2nd St, Miami FL 33128 | Miami-Dade County | A12023636

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641 NW 2nd St, Miami FL 33128 | Miami-Dade County | A12023636

641 NW 2nd St, Miami FL 33128

Active

$1,799,999

54 More

Sq Ft
Area Size

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Active

641 NW 2nd St, Miami FL 33128 | Miami-Dade County | A12023636

641 NW 2nd St, Miami FL 33128

$1,799,999

Description

Prime Little River investment opportunity offering immediate income, value-add potential, and long-term redevelopment upside. This six-unit multifamily property features all 2-bedroom, 1-bathroom units situated on a 7,500 SF lot with T6-8-O zoning.

The property has been significantly upgraded with a new roof, updated electrical and plumbing systems, and completed 40-year recertification, providing a strong, low-risk foundation for investors. Each unit includes assigned parking, and the building offers on-site laundry, enhancing tenant retention and operational efficiency.

this asset presents an exceptional opportunity for both cash flow and future appreciation in one of Miami’s fastest-growing area.

Address

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Address: 2nd St
City: Miami
Zip/Postal Code: 33128

Details

Updated on June 8, 2026 at 1:15 am

Property ID A12023636
Price $1,799,999
Year Built 1972
Property Status Active

Additional details

StreetDirPrefix NW
LivingAreaUnits Square Feet
PhotosCount 59
MIAMIRE_SubdivisionNumber 40
ViewYN No
Cooling Wall/Window Unit(s)
SecurityFeatures Smoke Alarm, Smoke Detector(s), Security Fence, Security Gate
MIAMIRE_NumMeters 6
MIAMIRE_NARRulesYN Yes
ListingKeyNumeric 487042448
CurrentUse Income Non-Waterfront
AssociationYN No
MlsStatus Active
StreetNumber 641
ListingKey 823478591ba51e8b2a8fca024c849888
MIAMIRE_NumToilets 6
MIAMIRE_AddressInternetDisplay 641 NW 2nd St
PoolPrivateYN No
ListingTerms All Cash, Conventional/Refinance
WaterfrontYN No
InternetAddressDisplayYN Yes
WaterSource Public
StoriesTotal 2
MIAMIRE_NumFloors 2
StreetNumberNumeric 641
MIAMIRE_MunicipalCode 1
ParkingFeatures Additional Spaces Available, Assigned
PostalCodePlus4 1552
NumberOfUnitsInCommunity 6
MIAMIRE_Area 41
StructureType Commercial Condo, Commercial
ListingAgreement Exclusive Right To Sell
ListingId A12023636
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN Yes
InternetAutomatedValuationDisplayYN Yes
ConstructionMaterials CBS Construction
MIAMIRE_ForSaleYN Yes
InternetConsumerCommentYN Yes
BuildingAreaTotal 4688
CoolingYN Yes
LotSizeUnits Square Feet
ListingContractDate 2026-05-22
Zoning 4601
BusinessType Commercial/Residential Income
StateOrProvince FL
Stories 2
SignOnPropertyYN No
IDXParticipationYN Yes
MIAMIRE_ImprovementHeightCOM 6-9 Stories
MIAMIRE_PropertyDescription 6 unit multifamily zoned T6-8
HorseYN No
LeasableAreaUnits Square Feet
Inclusions Building & Land,Leases
Sewer Public Sanitation
SyndicationRemarks Prime Little River investment opportunity offering immediate income, value-add potential, and long-term redevelopment upside. This six-unit multifamily property features all 2-bedroom, 1-bathroom units situated on a 7,500 SF lot with T6-8-O zoning. The property has been significantly upgraded with a new roof, updated electrical and plumbing systems, and completed 40-year recertification, providing a strong, low-risk foundation for investors. Each unit includes assigned parking, and the building offers on-site laundry, enhancing tenant retention and operational efficiency. this asset presents an exceptional opportunity for both cash flow and future appreciation in one of Miami’s fastest-growing area.
MIAMIRE_FloodZone AE
NewConstructionYN No
NumberOfBuildings 1
LotFeatures In Residential Area
MIAMIRE_OkToAdvertiseList Yes - Attribution Required (Agent and Office)
LotSizeSquareFeet 7500
UnparsedAddress 641 NW 2nd St, Miami FL 33128
MIAMIRE_Blogging Yes
FeedTypes IDX