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Residential Income
$3,990,000
1362 SW 2nd St Miami, FL

A11957385

513 of 542 for Sale
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  • Listed On:

    Feb 11, 2026
  • Days on Market:

    13
  • Year:

    1914
  • Taxes:

    $49,432 per year
  • Floor Description:

  • Occupancy:

  • Zoning:

  • Parking:

1362 SW 2nd St Miami, FL 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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For Sale Details

  • Heating Description

    Central

  • Photo Count

    45

  • Property Type

    Residential Income

  • Terms Considered

    All Cash, Conventional

  • Year Built

    1914

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