East Little Havana, 634 SW 2nd St Miami, 33130

1,729,990(-2.31% )
$1,690,000Price
4,336SqFt

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Size: 4,336 ft2 / 403 m2
Price: $390 ft2 / $4,195 m2
Built: 1970
MLS Number: A11542257
On Site: 265 Days
Updated: 5 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
Price History
08/13/2024

Date

Price Reduced

Event

$1.7M

Price

-2.31%

Change Rate

$390 ft2 / $4,195 m2

Price Per

02/29/2024

Date

Listed

Event

$1.7M

Price

$399 ft2 / $4,295 m2

Price Per

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 .

Instant Comparative Market Analysis
$100/ft²
$300/ft²
$500/ft²
$800/ft²

Unit 634 SW 2nd St – Asking

$390/ft²

(+11%) from Closed Medium $/ft²

Closed Medium $/ft²

$351/ft²
Community $/Price Range (Closed) $263/ft² – $650/ft²
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