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Lawrence Estates Land, 1362 SW 2nd St, Miami, FL, Florida 33135
8,019SqFt
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Details
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Status:
Active
Size: 8,019 SqFt (745 m2)
Price: $498/SqFt ($5,356/m2)
Type: Multi Family
Built: 1914
MLS Number: A11957385
On Site: 14 Days
Updated: 12 Days ago
Page Views: 0
High-performing 20-unit Multifamily Asset In The Heart Of Little Havana Generating $356,580 In Gross Annual Rent & $236,901 In Noi. Strong In-place Income With Plenty Of Upside—current Rents Are Below Section 8 Levels, Offering Immediate Value-add Potential Through Rental Increases. Other Features: Newer Roofs, Upgraded Pvc Plumbing, & A History Of Consistent 100% Occupancy. Unit Mix: (1) 1-bed/2-bath, (14) 1-bed/1-bath, (4) 2-bed/1-bath, & (1) 2-bed/2-bath. Priced At Just $199,500 Per Unit—rare For Little Havana With This Level Of Stabilized Income. 40-year Recertifications Have Been Completed. Attachments Include The Current Rent Roll, 2025 Operating Statement, & Certification Reports. Freddie Mac Loan Is Assumable With A 3.83% Interest Rate, Approx. $1,720,000 Balance, & 2030 Maturity.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: WallWindowUnits
        Building and Construction
        • Floor Description: Laminate
        • Year Built: 1914
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2026-02-11T10:29:37.000-00:00
          Taxes, Fees & More
          • Taxes: 49432
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          Price History
          02/02/2026
          Date
          Listed
          Event
          $4M
          Price
          $498 ft2 / $5,356 m2
          Price Per
          Price per square foot and days on website are not provided values and are calculated by Subdivisions.
          Listed by Oscar Arellano • Coldwell Banker Realty • Buyer Agency Compensation .
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