1332 SW 2nd St, Miami FL 33135
Basics
- Category: Commercial Sale
- Type: Income/MultiFamily
- Status: Active
- Lot size: 7500 sq ft
- Year built: 1972
- MLS ID: A12085269
Description
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Description:
Metro 1 is pleased to present 1332 SW 2nd Street, a fully occupied six-
unit apartment building in Miami’s Little Havana neighborhood. Offered
at $1,250,000, the property comprises approximately 4,528 square feet
on a 7,500-square-foot lot. The unit mix includes four two-bedroom/
two-bathroom apartments and two one-bedroom/one-bathroom
apartments. The current rent roll generates a 5.4% cap rate.The property offers a defined, renovation-driven value-add opportunity.
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Located a few blocks north of Calle Ocho, the property is near Little
Havana’s primary cultural and entertainment district, including Domino
Park, Tower Theater and Ball & Chain. Little Havana’s central position
just west of Downtown Miami and Brickell, established renter base,
walkable urban fabric and internationally recognized cultural identity
make this a compelling opportunity to acquire immediate income with
attainable rental upside in one of Miami’s most distinctive urban-core
neighborhoods.