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1362 Southwest 2nd Street Miami, FL 33135

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For Sale
$3,990,000

20-unit apartment building in Little Havana with strong income.

Type:Multi-Family Income / Fourplex
Property size:
8,019 SF
Added:
Feb 3, 2026
Days on Market:
75
Last Refresh:
Mar 13 at 3:38 pm

Property Features for 1362 Southwest 2nd Street

General Information

Standard status
Active
Size
8,019 SF
Property subtype
Multi-Family Income / Fourplex

Building Details

Year Built
1914

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Listing Contact
Oscar Arellano Jr.
Oscar Arellano Jr.

Listing agent Oscar Arellano Jr. License #3060275

Listing office Coldwell Banker Realty

Listing date Feb 3, 2026

Source Compass

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 Coldwell Banker Realty


Overview

Little Havana Multifamily Investment Opportunity

This high-performing 20-unit multifamily asset is located in the heart of Little Havana. The property generates $356,580 in gross annual rent and $236,901 in NOI. There is potential for increased value through rental increases, as current rents are below Section 8 levels. The property features newer roofs and upgraded PVC plumbing. It has a history of consistent 100% occupancy. The unit mix includes one 1-bed/2-bath unit, fourteen 1-bed/1-bath units, four 2-bed/1-bath units, and one 2-bed/2-bath unit. The property is priced at $199,500 per unit. 40-Year Recertifications have been completed. The property has a Freddie Mac loan that is assumable with a 3.83% interest rate, approximately $1,720,000 balance, and 2030 maturity. The property size is 8,019 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Miami
County
Miami-Dade
State
Florida
Longitude
-80.217469
Latitude
25.771167

FAQs

What type of property is this?
Apartment building - 20-unit apartment building in Little Havana with strong income.
Where is this apartment building located?
The property is located at 1362 Southwest 2nd Street Miami, FL.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: High‑performing 20‑unit multifamily asset generating $356,580 in gross annual rent & $236,901 in NOI.; Assumable Freddie Mac loan with a 3.83% interest rate and a 2030 maturity.; Immediate value‑add potential through rental increases.
More about this property
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