634 SW 2nd St Miami FL 33130 MLS #A11533761

634 SW 2nd St
Miami, FL, 33130
$1,690,000
Beds
0 Baths
4,336 SqFt
0.17 Acres
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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.

Property Details

Price:
$1,690,000
MLS #:
A11533761
Status:
Active
Beds:
0
Baths:
0
Address:
634 SW 2nd St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Feb 12, 2024
State:
FL
Finished Sq Ft:
4,336
Total Sq Ft:
4,336
ZIP:
33130
Lot Size:
7,500 sqft / 0.17 acres (approx)
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CENTURY 21 Carioti

CENTURY 21 Carioti

Florida, Real Estate

Phone 800 783-8847

CENTURY 21 Carioti is a full service real estate company servicing the State of Florida with a headquarters in Orlando, FL.

More About CENTURY

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Schools

Interior

Cooling
Wall/ Window Unit(s)
Flooring
Ceramic Floor, Tile
Heating
Wall/ Window Units

Exterior

Construction Materials
C B S Construction, Slab Construction, Stucco
Parking Features
Assigned, On Street
Parking Spots
7
Roof
Concrete

Financial

Net Operating Income
$134,663
Tax Year
2023
Taxes
$17,110

Map

Community

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disclosure
Courtesy of Innova Real Estate Corp. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
Rover IDX
634 SW 2nd St
Miami, FL