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$3,900,000
$3,700,000
Sold

1362 SW 2nd St,

Miami-Dade

Sold on August 22, 2025

Quadruplex

MLS® # A11793460
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
8,019 sqft
Parkings
11
Maintenance Fees
-
Annual Tax
$47,732

Description

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.

BHHS EWM Realty

Features & Details

Learn about the features and details of 1362 SW 2nd St

Property Details

  • Property Type
    Quadruplex
  • Living Area
    8,019 sqft
  • Year Built
    1914
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $47,732.00
  • List Date
    4/30/2025
  • Updated
    8/26/2025
  • Last Checked
    Recent
  • MLS Number
    #A11793460
  • Brokerage
    BHHS EWM Realty
  • Postal Code
    33135
  • Area
    Miami-Dade
  • City
    Miami

Additional Property Features

  • Occupancy
    CallAgent
  • List Price
    $3,900,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Wall Window Units
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • 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
    2024
  • Assignment
    No
  • Extras Included
    None

Inside

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

Price history

Learn about the price history of 1362 SW 2nd St

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 1362 SW 2nd St
$0
20.0%
$3,900,000
1%
5.25%
10%
Estimated Monthly Payment

$18,697

Cash Flow Analysis
Mortgage Payment:
$18,696.53
Monthly Payment:
$22,674.2
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this stunning quadruplex in the heart of West Miami - Miami, Miami. This well-appointed property offers 8,019 square feet of living space. Originally built in 1914. Offered at $3,900,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 1362 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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1362 SW 2nd St