Basic Information

  • MLS # A11533761
  • Type Commercial
  • Style Multi Family
  • Status Active
  • Subdivision/Complex
  • Year Built 0
  • Total Sqft 7,500
  • Date Listed 02/15/2024
  • Days on Market 158
Description

Nestled in East Little Havana, this 6-unit building 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 with waterproof membrane 2019, tankless water heaters 4DU 2019, wall-mounted AC 2020-2021, interior remodel 5DU 2019 and independent electrical panelsmeters. 50-year Recertification completed 2020. The occ. above 99% offers a steady cash flow on your investment. Rent Rolls, 2023 financials and investment pro-forma attached. Besides multi-family housing, T4-R zoning allows home office use by right and BB by warrant. Cap rate 7.76% @ market rents. Do not disturb tenants.

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block, Stucco
  • Parking Spaces 0
  • Parking Description Assigned, On Street
  • Roof Description Concrete

Interior Features

  • Adjusted Sqft 7,500
  • Cooling Description Wall Window Units
  • Floor Description Ceramic Tile, Tile
  • Heating Description Window Unit, Wall Furnace
  • Sqft 7,500

Property Features

  • Address 634 S W2nd St
  • Aprox. Lot Size 7,500
  • City Miami
  • Construction Materials Block, Stucco
  • County Miami-Dade County
  • Furnished Info No
  • Levels Two
  • Listing Terms Cash, Conventional
  • Occupant Type Tenant
  • Parking Features Assigned, On Street
  • Possession Close Of Escrow, Subject To Tenant Rights
  • Postal City Miami
  • Public Survey Section Two
  • Public Survey Township 1
  • Roof Concrete
  • Sewer Description Public Sewer
  • Short Sale Regular Sale
  • Stories 2
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $17,110
  • Tax Information CITY OF MIAMI SOUTH PB B-41 LOT 5 BLK 21 LOT SIZE IRREGULAR
  • Tax Year 2023
  • Terms Considered Cash, Conventional
  • Type of Property Multi Family
  • Water Source Public
  • Year Built Details New Construction

634 SW 2nd St

Miami, FL 33130

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