1362 SW 2nd St Miami, FL 33135
Listing Courtesy of: MIAMI / Coldwell Banker Realty / Oscar Arellano

  1362 SW 2nd St Miami, FL 33135

Active
$3,990,000 (USD)

Description

High-performing 20-unit multifamily asset in the heart of Little Havana generating $356,580 in gross annual rent & $236,901 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 $199,500 per unit—rare for Little Havana with this level of stabilized income. 40-Year Recertifications have been completed. Attachments include the current rent roll, 2025 operating statement, & certification reports. Freddie Mac loan is assumable with a 3.83% interest rate, approx. $1,720,000 balance, & 2030 maturity.

MLS #:
A11957385
Taxes
$49,432(2025)
Type
Multifamily
Year Built
1914
Style
Fourplex
County
Miami-Dade County
Community
Lawrence Estates Land Cos

Listed By

Oscar Arellano, Coldwell Banker Realty
Source
MIAMI
Last checked Feb 11 2026 at 9:41 PM GMT+0000
Bathroom Details
Subdivision
  • Lawrence Estates Land Cos
Heating and Cooling
  • Central
  • Wall/Window Unit(s)
Flooring
  • Laminate
Exterior Features
  • Roof: Barrel
  • Roof: Flat
Utility Information
  • Utilities: Cable Available
  • Sewer: Public Sewer
Stories
  • 1
Living Area
  • 8,019 sqft
Location
   
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Disclaimer: Copyright 2026 Miami Association of Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. 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. Data last updated 2/11/26 13:41