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Sold for $3,700,000 on 08/22/25
  • $3,700,000

    1362 SW 2nd St, Miami, FL 33135

    5beds
    4baths
    8,019sqft
    Quadruplex
    Built in 1914
    -- sqft lot
    $3,699,000 Zestimate®
    $461/sqft
    $-- Estimated rent

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    $25,435/mo

    Est. payment

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    $25,435/mo

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    What's special

    High-performing 20-unit multifamily asset in the heart of Little Havana generating $339,480 in gross annual rent & $227,776 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 $195,000 per unit—rare for Little Havana with this level of stabilized income. 40-Year Recertifications have been completed. Attachments include the current rent roll, 2024 operating statement, & certification reports. Freddie Mac loan is assumable with a 3.83% interest rate, approx. $1,735,000 balance, & 2030 maturity.

    Zillow last checked: 7 hours ago

    Listing updated: August 25, 2025 at 06:59am

    Listed by:

    Oscar Arellano Jr. 305-525-7324,

    BHHS EWM Realty

    Bought with:

    Jorge Mederos, 0496433

    Mederos and Associates Real Estate Inc

    Source: MIAMI,MLS#: A11793460MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Wall/Window Unit(s)
    Features
    • Windows: Blinds
    Interior area
    • Total structure area: 8,019
    • Total interior livable area: 8,019 sqft

    Property

    Parking
    • Total spaces: 11
    Features
    • Stories: 1
    Lot
    • Features: 1/4 To Less Than 1/2 Acre Lot
    Details
    • Parcel number: 0141020062220
    • Zoning: 3901

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • CBS Construction
    • Roof: Barrel Roof,Flat Roof With Facade Front
    Condition
    • Year built: 1914

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Miami
    • Subdivision: Lawrence Estates Land Cos

    Other

    Other facts
    • Listing terms: All Cash,Conventional
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    Estimated market value
    $3,699,000