1362 SW 2nd St, Miami, FL 33135 - MLS A11793460 - Berkshire Hathaway HomeServices

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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.

Berkshire Hathaway HomeServices
EWM Realty

[email protected]

305.960.2500

See the property

property details

Type

Fourplex

Status

Closed

County

Miami-Dade

Year Built

1914

Sq. Ft.

8,019

Listing Id

A11793460

Courtesy Of

Oscar Arellano - BHHS EWM Realty +1 305 525 7324

List Office Phone

+1 (305) 960-2400

Subdivision

LAWRENCE ESTATES LAND COS

Interior Features

Living Area Units

Sq. Ft.

Flooring

Laminate

Exterior Features

Stories

1

Utility & Building Info

Below Grade Finished Area

0

Price Per Sq Meter

$0

Heating

Central

Building Area Total

8,019 Sq. Ft.

Architectural Style

1 Story

Price History

date	event	price	source
08/25/2025 08/25/2025	Sold	$3,700,000	Miami/Jupiter-Tequesta-Hobe Sound MLS
05/08/2025 05/08/2025	Pending	$3,900,000	Miami/Jupiter-Tequesta-Hobe Sound MLS
04/30/2025 04/30/2025	Active	$3,900,000	Miami/Jupiter-Tequesta-Hobe Sound MLS

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Market Trends

Source: Constellation1

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