750 SW 2Nd St, Miami, FL 33130
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 750 SW 2Nd St
- Year built
- 2021
- Property type
- Commercial real estate
- APN
- 01-0202-020-1080
Description
This exceptional 12-unit multifamily property, built in 2021, presents a compelling value-add investment opportunity in Miami's vibrant Little Havana neighborhood. The property boasts a 100% occupancy rate, generating a strong net operating income (NOI) of $248,815, and a 5.00% capitalization rate. The building comprises one two-story structure situated on a 14,624 square foot lot, zoned T4-R. The unit mix includes four one-bedroom/one-bathroom units and eight two-bedroom/two-bathroom units, all equipped with in-unit washer/dryers. Ample on-site parking is provided for all residents. This modern building benefits from its prime location, offering easy access to Calle Ocho, Brickell's amenities, and the cultural heart of Little Havana. The property's strong performance, combined with the area's upward rental pressure and growing popularity, makes it an attractive investment prospect. The asking price is $5,200,000. The property's address is 750 SW 2nd Street, Miami, FL 33130, and its APN is 01-0202-020-1080. This is a rare opportunity to acquire a high-performing asset in a rapidly appreciating market.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.207221758167
- Latitude
- 25.771800760505
