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Under contract
  • $3,900,000

    1362 SW 2nd St, Miami, FL 33135

    5beds
    4baths
    8,019sqft
    : 
    Quadruplex
    Built in 1914
    -- sqft lot
    $-- Zestimate®
    $486/sqft
    $-- HOA

    What's special

    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.
    28 days
    on Zillow
    |
    180
    |
    4
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: May 08, 2025 at 12:47pm

    Listed by:

    Oscar Arellano Jr. 305-525-7324,

    BHHS EWM Realty

    Source: MIAMI,MLS#: A11793460MLS LogoOriginating MLS: A-Miami Association of REALTORS
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Wall/Window Unit(s)
    Features
    • Windows: Blinds
    Interior area
    • Total structure area: 8,019
    • Total interior livable area: 8,019 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 11
    Features
    • Stories: 1
    Lot
    • Features: 1/4 To Less Than 1/2 Acre Lot
    Details
    • Parcel number: 0141020062220
    • Zoning: 3901

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • CBS Construction
    • Roof: Barrel Roof,Flat Roof With Facade Front
    Condition
    • Year built: 1914

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer

    Community & HOA

    Community
    • Subdivision: Lawrence Estates Land Cos
    HOA
    • Has HOA: No
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $486/sqft
    • Annual tax amount: $47,732
    • Date on market: 4/30/2025
    • Listing terms: All Cash,Conventional
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