2600 Southwest 2nd Street Miami, FL 33135
Legal duplex with value-add potential in a prime location.
Property Features for 2600 Southwest 2nd Street
General Information
- Standard status
- Active
- Size
- 2,625 SF
- Property subtype
- Residential Income / Duplex
Building Details
- Year Built
- 1928
Listing office Fausto Commercial Realty Consultants Inc (305) 753-3295
Listing date Jan 21, 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 Fausto Commercial Realty Consultants Inc
Investment Insights
Based on property information with market context.
Key Highlights
- Legal duplex in a well‑located urban area.
- Large 7,500 SF lot.
- Strong connectivity to major employment and lifestyle hubs including Downtown Miami, Brickell and the Airport.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $80.3k | $30.60 |
| − Vacancy | −$5.1k | −$1.95 |
| EGI | $75.2k | $28.65 |
| − OpEx | −$22.6k | −$8.60 |
| NOI | $52.6k | $20.06 |
