1362 SW 2nd St, Miami FL 33135

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.

This quadruplex home located at 1362 SW 2nd St, Miami FL 33135 is currently for sale and has been available on Brickellsold for 1 day. This property is listed at $4M. It has N/A beds, N/A bathrooms, and is 8019 square feet. It was built in 1914. 1362 SW 2nd St, Miami FL 33135 is in Miami county Miami-Dade County.