$6,500,000

1020 SW 2nd St, Miami FL 33130

71 days on market

Living area
8,438 sqft
Price per sqft
$770
Type
Quadruplex
Year built
1920
Taxes
$64,558/yr
MLS #
A12075566

About this home

A Brand-New Trophy Multifamily Asset in the Heart of Little Havana An exceptional opportunity to acquire a completely redeveloped 20-unit multifamily property in one of Miami's fastest-growing neighborhoods. Currently undergoing a comprehensive, top-to-bottom renovation by M. Denis Construction, this former gut renovation is being rebuilt to modern standards and is scheduled for completion in October. Upon delivery, the property will be offered as a virtually brand-new building, combining the character of a classic Little Havana asset with the efficiencies and reliability of new construction. The renovation includes all new building systems and infrastructure, creating a low-maintenance investment with long-term upside. One of the property's most valuable features is that each of the 20 units will have its own dedicated electrical meter and individual water submeter, providing operational efficiency, simplified utility management, and increased investment value. Ideally positioned just minutes from Brickell, Downtown Miami, the Miami River District, Marlins Park, and Miami International Airport, the property benefits from strong rental demand driven by professionals, students, and the continued growth of the surrounding area. Little Havana continues to experience significant investment and redevelopment, making this an outstanding opportunity to own a stabilized, turnkey multifamily asset in one of Miami's most desirable urban markets.

Estimated subtotal

$5,380/mo

Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
Not included
Property taxMLS 2025 annual tax, shown monthly
$5,380
HOANot in the MLS record
Not included

The current market rate is not available right now. Enter the rate your lender quoted.

Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.

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The neighborhood

Miami, 33130

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Listing courtesy of Real Estate Sales Force

Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.

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