20-Unit Apartment Building Under
For Lease
$6,500,000
1020 SW 2nd St, Miami, FL 33130
Twenty-unit apartment property undergoing a comprehensive renovation with updated building systems and separately metered utilities.
Space SizeContact for details
Days on Market25
Property Features for 1020 SW 2nd St
General Information
Standard status
Active
Building Details
Year Built
1920
Listing Agency:
Real Estate Sales Force
(786) 521-2750
Listed By:
Ambarina Pernia Montero · License #3385788
Source:
Thepennteam
Added: Aug 6
Changed: Aug 29
Last Checked: Aug 25 at 5:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Sales Force
Investment Insights
Based on property information with market context.
This 20-unit apartment building at 1020 SW 2nd St in Miami is undergoing a comprehensive renovation. Originally built in 1920, the property contains 8,438 square feet and is being updated with new building systems and infrastructure. Each apartment is planned to receive a dedicated electrical meter and individual water submeter, supporting separate utility management across the building.
The property is situated in Little Havana, with proximity to Brickell, Downtown Miami, the Miami River District, Marlins Park, and Miami International Airport. The renovation is scheduled for completion in October, creating a substantially updated multifamily property while retaining the building’s established location and original construction history.
The property is situated in Little Havana, with proximity to Brickell, Downtown Miami, the Miami River District, Marlins Park, and Miami International Airport. The renovation is scheduled for completion in October, creating a substantially updated multifamily property while retaining the building’s established location and original construction history.
Key Highlights
- 20‑unit apartment building undergoing a comprehensive renovation
- 8,438‑square‑foot multifamily property originally built in 1920
- New building systems and infrastructure planned throughout
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
3,773
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Twenty-unit apartment property undergoing a comprehensive renovation with updated building systems and separately metered utilities.
Where is this apartment building located?
The property is located at 1020 SW 2nd St Miami, FL.
What is the lease rate?
The lease rate is $6,500,000.
What are key features of this property?
This property features: 20‑unit apartment building undergoing a comprehensive renovation; 8,438‑square‑foot multifamily property originally built in 1920; New building systems and infrastructure planned throughout
