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Turnkey 12-Unit Multifamily Property

750 Sw 2nd St Miami Miami, FL 33130

750 Sw 2nd St Miami, Miami, FL, 33130
$4,750,000
For Sale
Claim this Listing
$4,750,000

Turnkey 12-unit multifamily built in 2021 with in-unit washer and dryer in every unit.

Property Size10,578 SF
Price / SF$449.05
AddedJul 9
Days on Market8
Last RefreshJul 9 at 1:07 pm

Property Features for 750 Sw 2nd St Miami

General Information

Standard status
Active
Size
10,578 SF

Building Details

Year Built
2021

Listing office

Listing date Jul 9, 2026

Source Yourfhrm

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 Nery Rodriguez


Investment Insights

Based on property information with market context.

This turnkey 12-unit multifamily property was built in 2021 and presents a straightforward rental configuration. The unit mix includes eight 2BR/1BA units and four 1BR/1BA units. Each unit features in-unit washer and dryer.

Tenants are responsible for all utilities. The property is described as having stable in-place rents and minimal deferred maintenance.

For sale as a residential income asset, the building offers a modern, repeatable unit layout across the 12 units, supporting day-to-day management through consistent in-unit amenities.

Key Highlights

  • 12‑unit multifamily built in 2021
  • Unit mix includes eight 2BR/1BA units and four 1BR/1BA units
  • In‑unit washer and dryer in every unit

Local Financial Insights For Apartment 5plus

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 $380.8k $36.00
− Vacancy −$25.5k −$2.41
EGI $355.3k $33.59
− OpEx −$159.9k −$15.11
NOI $195.4k $18.47
10,578 SF · lease $36.00/SF/yr · vacancy 6.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$2.79M
$2.44M – $3.26M (±1% cap)
NOI $195,412 @ 7.0% cap · market cap 4.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.14M
$6.25M – $8.33M (±1% cap)
NOI $499,815 @ 7.0% cap · market cap 10.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

(Bike/Boat/Book/etc) Store Butcher Restaurant Adult Day Care Locksmith Carpet & Flooring Store Buffet Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service

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

FAQs

What type of property is this?
Apartment building - Turnkey 12-unit multifamily built in 2021 with in-unit washer and dryer in every unit.
Where is this apartment building located?
The property is located at 750 Sw 2nd St Miami Miami, FL.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: 12‑unit multifamily built in 2021; Unit mix includes eight 2BR/1BA units and four 1BR/1BA units; In‑unit washer and dryer in every unit
Contact an agent
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