1020 SW 2nd St, Miami, FL, 33130
1020 SW 2nd St, Miami, FL, 33130 - Image 21020 SW 2nd St, Miami, FL, 33130 - Image 31020 SW 2nd St, Miami, FL, 33130 - Image 41020 SW 2nd St, Miami, FL, 33130 - Image 5

1020 SW 2nd St, Miami, FL, 33130

1 bedroom · 1 bath · 8,438 sq.ft.

A Brand-New Trophy Multifamily Asset in the Heart of Little Havana An exceptional opportunity to acquire a completely redeveloped 20-unit multifamily property in one of Miami's fastest-growing neighborhoods. Currently undergoing a comprehensive, top-to-bottom renovation by M. Denis Construction, this former gut renovation is being rebuilt to modern standards and is scheduled for completion in October. Upon delivery, the property will be offered as a virtually brand-new building, combining the character of a classic Little Havana asset with the efficiencies and reliability of new construction. The renovation includes all new building systems and infrastructure, creating a low-maintenance investment with long-term upside. One of the property's most valuable features is that each of the 20 units will have its own dedicated electrical meter and individual water submeter, providing operational efficiency, simplified utility management, and increased investment value. Ideally positioned just minutes from Brickell, Downtown Miami, the Miami River District, Marlins Park, and Miami International Airport, the property benefits from strong rental demand driven by professionals, students, and the continued growth of the surrounding area. Little Havana continues to experience significant investment and redevelopment, making this an outstanding opportunity to own a stabilized, turnkey multifamily asset in one of Miami's most desirable urban markets.

Information

Property typeMulti Family
Size8,438 sq.ft.
Year built1920
Stories2
Price per sq.ft.USD 770
Last sold2024-01-19
Last sold priceUSD 3,150,000
CountyMiami-Dade
ZIP code33130
LocationMiami, United States

USD 6,500,000

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Where it's located

Miami, United States

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