1332 SW 2nd St - Apartments FOR SALE


Miami, FL 33135- Little Havana
$1,250,000 USD
305-778-5757
1332 SW 2nd St, Miami, FL for Sale
$1,250,000 USD
Apartments - FOR SALE
1/4
null | 5.4% Cap Rate

1332 SW 2nd St
Miami, FL 33135
Little Havana


OVERVIEW

Metro 1 is pleased to present 1332 SW 2nd Street, a fully occupied six- unit apartment building in Miami’s Little Havana neighborhood. Offered at $1,250,000, the property comprises approximately 4,528 square feet on a 7,500-square-foot lot. The unit mix includes four two-bedroom/ two-bathroom apartments and two one-bedroom/one-bathroom apartments. The current rent roll generates a 5.4% cap rate. The property offers a defined, renovation-driven value-add opportunity. Located a few blocks north of Calle Ocho, the property is near Little Havana’s primary cultural and entertainment district, including Domino Park, Tower Theater and Ball & Chain. Little Havana’s central position just west of Downtown Miami and Brickell, established renter base, walkable urban fabric and internationally recognized cultural identity make this a compelling opportunity to acquire immediate income with attainable rental upside in one of Miami’s most distinctive urban-core neighborhoods.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$236 USD /SF

# OF UNITS

6

PRICE/UNIT

$208,333

CAP RATE

5.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multifamily | 5.40% CAP | 6 Units

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,501 SF

ZONING

SD-14.1

APN/PARCEL ID

01-4102-006-2200

ASK ABOUT THIS PROPERTY

Lia FigueredoMetro 1 CommercialMore Info
305-778-5757

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Lia FigueredoMetro 1 CommercialMore Info
305-778-5757

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.