Redeveloped 20-Unit Apartment
New
For Lease
$6,500,000
1020 SW 2nd St, Miami, FL 33130
COMMERCIAL - Miami, FL
Space SizeContact for details
Lot Size0.17 Acres
Days on Market7
Property Features for 1020 SW 2nd St
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning description
3900
Subdivision
41
Standard status
Active
APN
01-41-02-005-3520
Lot size
0.17 Acres
Taxes and HOA fees
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
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
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
20
Listing Agency:
Real Estate Sales Force
(305) 392-1497
Listed By:
Ambarina Pernia Montero · License #3385788
(786) 521-2750
Added: Jul 31
Changed: Aug 5
Last Checked: Aug 6 at 12:06AM
MLS# A12063066
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 20-unit apartment building is undergoing a comprehensive redevelopment, with completion scheduled for October. The project includes new building systems and infrastructure throughout the property. Each unit is planned to have a dedicated electrical meter and individual water submeter, supporting separate utility measurement across the building. Public water serves the property, which occupies 0.1722 acres and was originally built in 1920.
Located at 1020 SW 2nd St in Miami's Little Havana area, the property is positioned near Brickell, Downtown Miami, the Miami River District, Marlins Park, and Miami International Airport. Its urban Miami setting places the apartment building within proximity to several established employment, entertainment, and transportation destinations identified in the property information.
Located at 1020 SW 2nd St in Miami's Little Havana area, the property is positioned near Brickell, Downtown Miami, the Miami River District, Marlins Park, and Miami International Airport. Its urban Miami setting places the apartment building within proximity to several established employment, entertainment, and transportation destinations identified in the property information.
Key Highlights
- 20‑unit apartment building undergoing comprehensive redevelopment
- Completion scheduled for October
- 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
4,038
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 - Comprehensive renovations include new building systems and individual utility metering.
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 comprehensive redevelopment; Completion scheduled for October; New building systems and infrastructure planned throughout
