Price Reduced 2.31%

$1,690,000 ($389.76 per sqft)

Est. Mortgage $8,215/mo *

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Price History

$1,729,990
2/12/2024

$1,690,000
8/14/2024

634 SW 2nd St, Miami, FL, 33130

634 SW 2nd St, Miami, FL, 33130
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1970

Fourplex

4,336 sqft

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.

Status:

Active

Type:

Multi-family

Zoning:

T4-R

Subdivision:

RIVERSIDE, MIAMI SOUTH

Heating:

Electric, Wall Furnace

Cooling:

Electric, Wall/Window Unit(s)

Energy Features:

Roof, Water Heater

Parking:

7-car

Est. Taxes:

$17,110

Construction

Block,Stucco

Utilities

Cable Available

Lot Description:

Interior Lot,1/4 to 1/2 Acre Lot

Days on Market:

219

Pool:

None

MLS #:

A11542257

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of INNOVA REAL ESTATE CORP Phone: 239-573-4646