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634 SW 2nd St
Miami, FL 33130
$1,690,000
1 Price Changes (-$ 39,990)
Active Under Contract
12+
$1,690,000
Active Under Contract
Bedrooms
Bathrooms
N/A
Half Baths
 
Size Sq. Ft.
239
DOM
634 SW 2nd St Miami, FL 33130
Beds, Baths, Multi Family Sq.Ft.

Nestled in East Little Havana, this 6-unit multifamily is blocks away from the Miami River, Downtown, Brickell, Calle 8, the Brightline Station, MDC Campus, traditional and Michelin star restaurants, world class museums, art galleries, live music venues, and the Marlins Stadium. The property features concrete roof deck with pro-graded waterproof membrane installed 2019 (HVHZ rated|10-yrs warranty), interior remodel, tankless water heaters (2019), wall-mounted AC (2020-2021), independent electrical panels/meters, and 50-year Recertification completed (2020). The occupancy rate above 99% for the past 5-yrs offers a steady cash flow on your investment. Rent Rolls, financials and investment pro-forma attached. Cap rate 7.95% @ market rents. Do not disturb tenants. All units rented M2M.

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Listing Summary
  • Address 634 SW 2nd St
  • City Miami
  • County Miami-Dade
  • Zip 33130
  • Price $1,690,000
  • Status Active Under Contract
  • Subdivision
  • Pets Allowed No
  • MLS® # A11533761
  • Property Type Commercial Sale
  • Property Sub TypeMulti Family
  • Status Active Under Contract
  • Square Feet
  • Year Built
  • Waterfront No
  • Maintenance Fees No Info Provided
  • Taxes $17,110
  • Tax Year 2023
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634 SW 2nd St
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A11533761) is provided courtesy of (Innova Real Estate Corp). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Data last updated on 11-26-2024. IDX powered by Realty Net Media
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