1362 SW 2nd St, Miami, FL 33135

Local realty services provided by:Better Homes and Gardens Real Estate Destinations
1362 SW 2nd St,Miami, FL 33135
$3,990,000
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  • - Beds
  • - Baths
  • 8,019 sq. ft.
  • Multi-family
  • Active
Listed by: oscar arellano jr.
Office: coldwell banker realty
MLS#:A11957385
Source:SEFMLS

Price summary

  • Price:$3,990,000
  • Price per sq. ft.:$497.57

About this home

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.

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Home facts

  • Year built:1914
  • Listing ID #:A11957385
  • Updated:February 14, 2026 at 10:58 AM

Rooms and interior

  • Living area:8,019 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Units
  • Heating:Central

Structure and exterior

  • Roof:Barrel, Flat
  • Year built:1914
  • Building area:8,019 sq. ft.

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,990,000
  • Price per sq. ft.:$497.57
  • Tax amount:$49,432 (2025)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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