634 SW 2nd St Miami, FL 33130
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.
- Property TypeCommercial
- NeighborhoodN/A
- CountyMiami-Dade
- Taxes$17,110
- HOA/Condo/Coop Fees$0
- Days on Site34 Days
- MLS StatusActive
- MLS ID NumberA11533761
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.172 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Stucco
- Building Features BalconiesExterior LightingLaundry FacilitiesLight TrafficPedestrian Traffic
- Parking AssignedOn Street
- Parking Spaces 7
- Electric 200+ Amp Service
- Number of Stories 22
- Acreage 0.172
- Water Public
- Security Other Fire ProtectionSmoke Detector(s)
- Green Energy Efficient RoofWater Heater
- Zoning T4-R
- Property Condition New Construction
Interior Features
- Cooling Wall/ Window Unit(s)
- Heating Wall/ Window Units
- Flooring Ceramic FloorTile
Exterior Features
- Roof Concrete
- Waterfront Property No
- Lot Central Business DistrictNear AirportNear SeaportIn Residential Area
- Road Frontage City StreetCounty Road
Community Features
- Security Features Other Fire ProtectionSmoke Detector(s)
- Building Features BalconiesExterior LightingLaundry FacilitiesLight TrafficPedestrian Traffic