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$1,300,000
$1,200,000
Sold

1235 SW 2nd St

·

Miami-Dade

Sold on February 14, 2025

MultiFamily

MLS® # A11692989
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$4,424 sqft
Parkings
0
Maintenance Fees
-
Annual Tax
$20,116

Description

An exceptional covered land play on 7,500 sf site with T6-12-O mixed-use high density zoning with 5 income producing apartment units. Consisting of a large 4 bedroom 2 bath, 4: 1 bed 1 bath units, and 1 Studio, it delivers a diversified unit mix and works as a strong covered land play for developers working towards entitlements and approval of plans. The 40 yr certification was completed in June 2024. It is eligible for affordable housing density bonuses; and allows for a multitude of mixed uses including retail, residential, hospitality, office and more. But, with recently passed Live-Local legislation, height can be raised to over 20 stories and unit counts can be raised to as many units as the site can hold, by reserving 40% of new units to 120% AMI, which is near market rents.

Fausto Commercial Realty Consultants Inc

Features & Details

Learn about the features and details of 1235 SW 2nd St

Property Details

  • Property Type
    MultiFamily
  • Living Area
    4,424 sqft
  • Year Built
    1914
  • Lot Size
    7,500 sqft
  • Stories
    -
  • Annual Tax
    $20,116.00
  • List Date
    11/12/2024
  • Updated
    6/7/2025
  • Last Checked
    Recent
  • MLS Number
    #A11692989
  • Brokerage
    Fausto Commercial Realty Consultants Inc
  • Postal Code
    33135
  • Area
    Miami-Dade
  • City
    Miami

Additional Property Features

  • Occupancy
    Tenant
  • List Price
    $1,300,000.00
  • Unit Number
    -
  • Construction
    Construction
  • Heating
    Heating
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    No
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    No
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    Assessment Year
  • Assignment
    No
  • Extras Included
    None

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

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Virtual Tour

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Real estate trends

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Explore Miami-Dade

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Mortgage Calculator
Estimate monthly payments for 1235 2nd St
20.5%100%
Estimated Monthly Payment
$5,237
Cash Flow Analysis
Mortgage Payment:
$5,237
Monthly Payment:
$6,913.33
Break Even Down Payment:
100%
Cash Flow
$0

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About this property

Discover this impressive multifamily in the heart of West Miami - Miami, Miami. This well-appointed property offers 4,424 square feet of living space situated on a 7,500 square foot lot. Originally built in 1914. Offered at $1,300,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 1235 SW 2nd St

Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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1235 SW 2nd St