1020 SW 2nd Street, Miami, FL 33130

$6,500,000
8,438
SqFt

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List Price
$6,500,000
Status
ACTIVE
Days on Market
25
MLS#
A12075566
Subtype
Residential Income
Year Built
1920
Living Area
8,438
Subdivision
Lawrence Estate Land Co
MLS Area Major
2410

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.

Additional Information

Taxes
$64,558
Flooring
Tile
Heating
Central, Separate Meters
Air Conditioning
Electric
Stories
2
Roof
Concrete
Elementary School
Riverside (Miami-Dade)
Middle School
Jose De Diego
High School
Booker T. Washington

Listing courtesy of Real Estate Sales Force. Contact:

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Agent: Ambarina Pernia Montero | Email: amber@resf.com