Multifamily in Miami, FL 33130
East Little Havana, 634 SW 2nd St

$1.7M6.4%
$1,620,000
4,336
SqFt
Status
Sold - Apr 02, 2025
Size
4,336 SqFt (403 m2)
Price
$374/SqFt ($4,022/m2)
Type
Multifamily
Built
1970
MLS Number
A11542257
On Site
928 Days
Updated
18 Days ago
Page Views
0
Nestled in East Little Havana, this 6-unit multifamily is blocks away from the Miami River, Downtown, Brickell, Calle 8, the Brightline Station, MDC Campus, traditional and Michelin star restaurants, world class museums, art galleries, live music venues, and the Marlins Stadium. The property features concrete roof deck with pro-graded waterproof membrane installed 2019 (HVHZ rated|10-yrs warranty), interior remodel, tankless water heaters (2019), wall-mounted AC (2020-2021), independent electrical panels/meters, and 50-year Recertification completed (2020). The occupancy rate above 99% for the past 5-yrs offers a steady cash flow on your investment. Rent Rolls, financials and investment pro-forma attached. Cap rate 7.95% @ market rents. Do not disturb tenants. All units rented M2M.

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: Balcony,Lighting
      Interior, Heating and Cooling
      • Heating Description: Electric,WallFurnace
      • Cooling Description: Electric, WallWindowUnits
      Building and Construction
      • Floor Description: CeramicTile,Tile
      • Year Built: 1970
      • Year Built Description: Effective Year Built
      • Style: Fourplex
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
        Other Property Info
        • Listing Date: 2024-02-29T20:16:28.000-00:00
        Taxes, Fees & More
        • Taxes: 17110

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        Price History

        Current
        $1.6M
        High
        $1.7M
        Low
        $1.6M
        Total Change
        -6.4%
        $1.7M$1.7M$1.6MFeb 24Aug 24Apr 25
        Date
        Event
        Price
        Change
        Price Per
        04/02/2025
        Sold
        $1.6M
        -4.14%
        $374 ft2
        $4,022 m2
        08/13/2024
        Price Reduced
        $1.7M
        -2.31%
        $390 ft2
        $4,195 m2
        02/29/2024
        Listed
        $1.7M
         
        $399 ft2
        $4,295 m2
        04/02/2025
        $1.6M
        Event
        Sold
        Change
        -4.14%
        Price Per
        $374 ft2
        $4,022 m2
        08/13/2024
        $1.7M
        Event
        Price Reduced
        Change
        -2.31%
        Price Per
        $390 ft2
        $4,195 m2
        02/29/2024
        $1.7M
        Event
        Listed
        Price Per
        $399 ft2
        $4,295 m2
        Price per square foot and days on website are not provided values and are calculated by Subdivisions.
        Listed by Yohanna TorresInnova Real Estate Corp • Buyer Agency Compensation .

        Listing Location & Street View
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        Scores

        Walk Score®
        Very Walkable. Most errands can be accomplished on foot
        85

        100
        Transit Score®
        Excellent Transit. Transit is convenient for most trips
        89

        100
        Bike Score®
        Bikeable. Some bike infrastructure
        69

        100
        Sound Score®
        Very loud
        71

        100
        Airport Score
        Close to airports. Noticeable airport activity
        0

        100
        Traffic Score
        Congested area. Frequent traffic delays
        38

        100
        Local Score
        Limited local amenities nearby
        3

        100
        Community Snapshot
        1 – 3 BR
        Bedrooms
        $521K – $5.1M
        Price Tier
        607 - 22,000
        SqFt Range
        1969
        Year Build
        3
        Total Floors

        Miami
        Entry-Level
        Entry-Level Homes & Condos