1362 SW 2nd St, Miami, FL 33135
Local realty services provided by:CENTURY 21 North East
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 24, 2026 at 11:05 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.
- Architectural Style:Fourplex
- Construction Materials:Block
- Levels:1 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,990,000
- Price per sq. ft.:$497.57
- Tax amount:$49,432 (2025)
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