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20-Unit Apartment Building
New
For Sale
$6,500,000

1020 SW 2nd St, Miami, FL 33130

Residential Income, Miami, FL

Property Size8,438 SF
Price / SF$770.32
Days on Market2

Property Features for 1020 SW 2nd St

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning description 3900
Bedrooms 1
Full bathrooms 1
Rooms Bedroom 1, Bathroom 1
Subdivision LAWRENCE ESTATE LAND CO
Lot features < 1/4 Acre
Directions Use GPS
Standard status Active
APN 01-41-02-005-3520
Size 8,438 SF

Taxes and HOA fees

Tax Year 2025
Tax Description 2 54 41 PB 2-46 LAWRENCE EST LAND COS SUB LOT 3 BLK 20 LOT SIZE 7500 SQ FT OR 20765-4352 1002 1 COC 24271-0374 01 2006 1
Tax Annual Amount 64558
Legal Description 2 54 41 PB 2-46 LAWRENCE EST LAND COS SUB LOT 3 BLK 20 LOT SIZE 7500 SQ FT OR 20765-4352 1002 1 COC 24271-0374 01 2006 1

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Central
Cooling system Electric

Building Details

Year built 1920
Floors in Building 2
Flooring type Tile
Roof type Concrete
Architectural style Other
Listing Agency: Real Estate Sales Force
Listed By: Ambarina Pernia Montero · License #3385788
Added: Aug 21 Last Checked: Aug 22 at 6:06PM
MLS# A12075566

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 8,438-square-foot apartment property contains 20 units and is undergoing a comprehensive renovation scheduled for completion in October. The work includes new building systems and infrastructure, along with tile flooring, central heating, electric cooling, a concrete roof, and public sewer service. Each residence is planned to have a dedicated electrical meter and individual water submeter, supporting separate utility tracking across the building.

Built in 1920, the property is located at 1020 SW 2nd St in Miami’s Little Havana area. Its setting places it minutes from Brickell, Downtown Miami, the Miami River District, Marlins Park, and Miami International Airport. Cable service is available, and the property is identified by ZIP Code 33130.

Key Highlights

  • 20‑unit multifamily property totaling 8,438 square feet
  • Renovation is scheduled for completion in October
  • Each unit planned with a dedicated electrical meter and individual water submeter

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Carpet & Flooring Store Pet Grooming Service Butcher Restaurant (Bike/Boat/Book/etc) Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

3,773
Businesses Nearby

Demographics for 33130, FL

35,609
Population
20,377
Households
1.7
Avg Household Size
36
Median Age
42%
College-Educated
81%
High-School Grad
1.1 sq mi
ZIP Area
32,372
Density / Sq Mi
$57,933
Median Household Income
$36,888
Median Earnings
$1,656
Median Rent
$479,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property undergoing a comprehensive renovation with separate utility metering for every residence.
Where is this apartment building located?
The property is located at 1020 SW 2nd St Miami, FL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 20‑unit multifamily property totaling 8,438 square feet; Renovation is scheduled for completion in October; Each unit planned with a dedicated electrical meter and individual water submeter
More about this property
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