High-performing 20-unit multifamily asset in the heart of Little Havana generating $356,580 in gross annual rent & $236,901 in NOI. Strong in-place income with plenty of upside—current rents are below Section 8 levels, offering immediate value-add potential through rental increases. Other features: newer roofs, upgraded PVC plumbing, & a history of consistent 100% occupancy. Unit mix: (1) 1-bed/2-bath, (14) 1-bed/1-bath, (4) 2-bed/1-bath, & (1) 2-bed/2-bath. Priced at just $199,500 per unit—rare for Little Havana with this level of stabilized income. 40-Year Recertifications have been completed. Attachments include the current rent roll, 2025 operating statement, & certification reports. Freddie Mac loan is assumable with a 3.83% interest rate, approx. $1,720,000 balance, & 2030 maturity.
Property Details
Price:
$3,990,000
MLS #:
A11957385
Status:
Active
Beds:
0
Baths:
0
Type:
Multi Family
Subtype:
Quadruplex
Subdivision:
LAWRENCE ESTATES LAND COS
Neighborhood:
lawrenceestateslandcos
Listed Date:
Feb 11, 2026
Finished Sq Ft:
8,019
Total Sq Ft:
8,019
Year Built:
1914
See this Listing
Schools
Interior
Cooling
Wall/Window Unit(s)
Heating
Central
Exterior
Architectural Style
Detached
Construction Materials
CBS Construction
Parking Spots
11
Roof
Barrel Roof, Flat Roof With Facade Front
Financial
Tax Year
2025
Taxes
$49,432
Map
Community
- Address1362 SW 2nd St Miami FL
- SubdivisionLAWRENCE ESTATES LAND COS
- CityMiami
- CountyMiami-Dade County
- Zip Code33135
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 Multi Family in Miami as of Mar 10, 2026
499
Multi Family Listed
145
Avg DOM
471
Avg $ / SqFt
$1,152,007
Avg List Price
Property Summary
- Located in the LAWRENCE ESTATES LAND COS subdivision, 1362 SW 2nd St Miami FL is a Multi Family for sale in Miami, FL, 33135. It is listed for $3,990,000 To schedule a showing of MLS#a11957385 at 1362 SW 2nd St in Miami, FL, contact your CENTURY 21 Carioti agent at 800-783-8847.
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