1020 SW 2nd ST, Miami, FL 33130
1020 SW 2nd ST, Miami, FL 33130
1020 SW 2nd ST, Miami, FL 33130
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$6,500,000
Est. payment /mo
8,438 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 8,438 sqft

Price per Sqft $770

Subdivision Lawrence Estate Land Co

MLS Listing ID A12075566

Construction Status Under Construction

HOA Y/N No

Total Fin. Sqft 8438

Year Built 1920

Annual Tax Amount $64,558

Tax Year 2025

Property Sub-Type Quadruplex

Property Description

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.

Location

State FL

County Miami-dade

Area 2410

Zoning 3900

Interior

Interior Features InteriorFeatures

Heating Central, Separate Meters

Cooling Electric

Flooring Tile

Fireplace No

Exterior

Utilities Available Cable Available

Roof Type Concrete

Private Pool No

Building

Dwelling Type Multi Family

Story 2

Sewer Public Sewer

New Construction No

Construction Status Under Construction

Schools

Elementary Schools Riverside (Miami-Dade)

Middle Schools Jose De Diego

High Schools Booker T. Washington

Others

Tax ID 0141020053520

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12075566


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BeachesMLS, Inc. (FLR) IDX
Listed by Ambarina Pernia Montero Real Estate Sales Force

NEARBY SCHOOL & BUSINESS

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LivX .

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+1(973) 221-0545

Broker | License ID: 1859462

Broker License ID: 1859462

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1020 SW 2nd ST