Active

634 SW 2nd St

Miami FL, 33130

$1,729,990


$398.98 per sqft

Active

4,336 sqft

Commercial

Nestled in East Little Havana, this 6-unit building is blocks away from the Miami River, Downtown, Brickell, Calle 8, the Brightline Station, MDC Campus, traditional and Michelin star restaurants, world class museums, art galleries, live music venues, and the Marlins Stadium. The property features concrete roof with waterproof membrane (2019), tankless water heaters (4DU 2019), wall-mounted AC (2020-2021), interior remodel (5DU 2019) and independent electrical panels/meters. 50-year Recertification completed (2020). The occ. above 99% offers a steady cash flow on your investment. Rent Rolls, 2023 financials and investment pro-forma attached. Besides multi-family housing, T4-R zoning allows home office use by right and B&B by warrant. Cap rate 7.76% @ market rents. Do not disturb tenants.

A11533761

MLS ID

February 12, 2024

Listed

July 16, 2024

Updated

Map

634 SW 2nd St
Miami FL, 33130

Interior Features

Total Stories

2


Floor Description

Ceramic Floor, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall/Window Units

Exterior/Building Features

Lot Size

0.17 Acres


Lot Features

Central Business District, Near Airport, Near Seaport, In Residential Area


Roof

Concrete


Sewer

Public Sanitation

Other Property Details

Taxes

$17,110


Tax Frequency

Annually


Days on Market

149


Garage

No


Parking

Assigned, On Street


Parking Total

7


View

No


County

Miami-Dade County


Water Source

Public


Pool

No


Zoning

T4-R

Listing History

Date

Event

Price

5/30/2024

Active

5/17/2024

Under Contract

Listed by:  Innova Real Estate Corp
Listing Contact: 786-536-8148 

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS.  All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. 

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Data last updated 2:48 PM UTC, 7/16/2024.

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