Basic Information

  • MLS # A11533761
  • Type Commercial
  • Style Multi Family
  • Status Active
  • Subdivision/Complex
  • Year Built 0
  • Total Sqft 7,500
  • Date Listed 02/15/2024
  • Days on Market 217
Description

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 rated10-yrs warranty, interior remodel, tankless water heaters 2019, wall-mounted AC 2020-2021, independent electrical panelsmeters, 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.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block, Stucco
  • Parking Spaces 0
  • Parking Description Assigned, On Street
  • Roof Description Concrete

Interior Features

  • Adjusted Sqft 7,500
  • Cooling Description Wall Window Units
  • Floor Description Ceramic Tile, Tile
  • Heating Description Window Unit, Wall Furnace
  • Sqft 7,500

Property Features

  • Address 634 S W2nd St
  • Aprox. Lot Size 7,500
  • City Miami
  • Construction Materials Block, Stucco
  • County Miami-Dade
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash, Conventional
  • Occupant Type Tenant
  • Parking Features Assigned, On Street
  • Possession Close Of Escrow, Subject To Tenant Rights
  • Postal City Miami
  • Public Survey Section Two
  • Public Survey Township 1
  • Roof Concrete
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 2
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $17,110
  • Tax Information CITY OF MIAMI SOUTH PB B-41 LOT 5 BLK 21 LOT SIZE IRREGULAR
  • Tax Year 2023
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family
  • Water Source Public
  • Year Built Details New Construction

634 SW 2nd St

Miami, FL 33130

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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Innova Real Estate Corp. tel: 239-573-4646

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