1362 SW 2nd St, Miami, FL 33135

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#1#2#3
1362 SW 2nd St,Miami, FL 33135
$3,900,000
Virtual Tour
  • - Beds
  • - Baths
  • 8,019 sq. ft.
  • Multi-family
  • Pending
Listed by:oscar arellano jr.
Office:bhhs ewm realty
MLS#:A11793460
Source:SEFMLS

Price summary

  • Price:$3,900,000
  • Price per sq. ft.:$486.34

About this home

High-performing 20-unit multifamily asset in the heart of Little Havana generating $339,480 in gross annual rent & $227,776 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 $195,000 per unit—rare for Little Havana with this level of stabilized income. 40-Year Recertifications have been completed. Attachments include the current rent roll, 2024 operating statement, & certification reports. Freddie Mac loan is assumable with a 3.83% interest rate, approx. $1,735,000 balance, & 2030 maturity.

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Home facts

  • Year built:1914
  • Listing Id #:A11793460
  • Updated:August 15, 2025 at 07:30 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:$3,900,000
  • Price per sq. ft.:$486.34
  • Tax amount:$47,732 (2024)
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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