Newly constructed 10-unit multifamily asset in the rapidly growing East Little Havana submarket of Miami.
The building features a well-balanced unit mix of FOUR studio apartments and SIX two-bedroom residences, designed to appeal to a wide range of tenants, including young professionals, medical employees, and small families. Each unit includes modern kitchens, stainless steel appliances, porcelain tile flooring, central air conditioning, and an in-unit washer and dryer, providing a contemporary living experience that supports strong tenant demand.
Based on current market rents, the property has the potential to generate approximately $22,000 in gross monthly income, or $264,000 annually, representing an estimated capitalization rate of approximately 6 percent.
The building features a well-balanced unit mix of FOUR studio apartments and SIX two-bedroom residences, designed to appeal to a wide range of tenants, including young professionals, medical employees, and small families. Each unit includes modern kitchens, stainless steel appliances, porcelain tile flooring, central air conditioning, and an in-unit washer and dryer, providing a contemporary living experience that supports strong tenant demand.
Based on current market rents, the property has the potential to generate approximately $22,000 in gross monthly income, or $264,000 annually, representing an estimated capitalization rate of approximately 6 percent.
Property Details
Price:
$3,775,000
MLS #:
A12002015
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Apr 1, 2026
Total Sq Ft:
6,098
Year Built:
2026
See this Listing
Schools
Interior
Cooling
Central Individual A/C
Heating
Central Electric
Exterior
Green Energy Efficient
Appliances
New Construction YN
1
Parking Features
Assigned, Covered
Parking Spots
6
Parking Total
6
Stories
3
Financial
Map
Community
- Address1037 NW 2nd St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33128
Subdivisions in Miami
- 11 54 39 152.93 AC M/L NE1/4 OF SEC INCLUDING TR 2
- 159 NE 6TH STREET CONDO
- 17TH AVE MANOR
- 1800 CLUB CONDO
- 7TH ADDN TO RICHMOND HEIG
- 801 SMA RESIDENCES CONDO
- BAY HOUSE MIAMI
- BAY RIDGE AMD
- COMFORT GARDENS
- DELVISTA TOWERS CONDO
- EMERALD POINT SUB
- FAIRWAY PLAZA
- GREENVILLE MANOR PB
- HIALEAH HEIGHTS AMD
- JADE WINDS GROUP BAMBOO GARDENS CONDO
- JENKINS ADDN TO LIBERTY CITY
- LA PALOMA
- MAJORCA ISLES III CONDO
- MILON VENTURE
- NORTH DADE COUNTRY CLUB VILLAG
- RALPH PLAZA II CONDO
- RANDALL PARK
- ROLLING GREEN CONDO
- ROYAL GLEN
- SIERRA
- SWEETWATER ESTATES SUB
- TAMIAMI TECH CENTER CONDO
- THE BLUE A RESORT HOTEL CONDO
- TURNBERRY VILLAGE SO TOWER CONDO
- VIA VENTURA NBRHD 3
- VISTA LAGO
- WEST MIAMI SHORES SEC B
- WESTCHESTER PT 01
Market Summary
Current real estate data for Commercial in Miami as of May 03, 2026
956
Commercial Listed
205
Avg DOM
$1,478,460
Avg List Price
Property Summary
- 1037 NW 2nd St Miami FL is a Commercial for sale in Miami, FL, 33128. It is listed for $3,775,000 To schedule a showing of MLS#a12002015 at 1037 NW 2nd St in Miami, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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