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634 SW 2nd St Miami, FL $ 1,729,990
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$ 1,729,990 Get more info
634 SW 2nd St
$ 1,729,990
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New Construction
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634 SW 2nd St

Miami, FL, 33130
$ 1,729,990
Baths0.0 Sq 4,336

Monthly Estimate*

$ 11,498

634 SW 2nd St, Miami, FL 33130 - Image 1
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634 SW 2nd St, Miami, FL 33130 - Image 8
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634 SW 2nd St, Miami, FL 33130 - Image 10
634 SW 2nd St, Miami, FL 33130 - Image 11
634 SW 2nd St, Miami, FL 33130 - Image 12
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Studio

Commercial Property for sale in Miami, FL

for $1,729,990. This 4,336 square foot building was built on a lot size of 0.172.

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 panels/meters. 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 B&B by warrant. Cap rate 7.76% @ market rents. Do not disturb tenants.

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Commercial Active

Price

$ 1,729,990

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 17,110

Style

MultiFamily

Lot Size

0.172

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11533761
Features
General
Sewer PublicSewer
Heating WindowUnit WallFurnace
Cooling WallWindowUnits
Possession CloseOfEscrow SubjectToTenantRights
Roof Concrete
Security Features Other SmokeDetectors
Construction Materials Block Stucco
Electric Item200AmpService
Tenant Pays Electricity
Stories 2
Levels Two
Property SubType MultiFamily
Tax Year 2023
Percent Ownership Corporation
Gross Income 175864.0
Building Name RIVERSIDE MIAMI SOUTH
County Miami-Dade County
Net Operating Income 134279.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Energy Efficient Roof WaterHeater
Garage Y/N N
Special Listing Conditions CorporateListing
Status Active
Directions 634 SW 2nd St Miami FL 33130. Please use Google Maps
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description T4-R
NumberOfUnitsTotal 6
MLS Area 41
Lot Size Units SquareFeet
Lot Size Square Feet 7500.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 2nd St
Listing Terms Cash Conventional
Property Attached Y/N N
Year Built Details New Construction
Land Lease Y/N N
Tax Annual Amount 17110.0
Home Warranty Y/N N
Ok to Lease Item12Months
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11533761
Days on Market 116
Structure Type Apartment MultiFamily
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description CITY OF MIAMI SOUTH PB B-41 LOT 5 BLK 21 LOT SIZE IRREGULAR
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Interior
Flooring CeramicTile Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Assigned OnStreet
Water Source Public
Total Parking 7.0
Lot Size Area 7500.0
Foundation Details Slab
Number of Buildings 1
Spa N
Building Area Total 4336.0
Lot Size Acres 0.172
Covered Spaces 0.0
Number of Separate Electric Meters 7
Road Frontage Type CountyRoad CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 634
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* Excluded Features
List By
Innova Real Estate Corp

Broker

realtorres.yoha@gmail.com

Email

Affordability Calculator

$12,924
Per Month
89%
11%
0%
Monthly Principal & Interest
$11,498
Monthly Property Taxes
$1,426
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/15/2024$1,729,990 Listed Price

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634 SW 2nd St, Miami, FL, 33130 is a Commercial Property for sale at $1,729,990 with 4,336 sqft and a lot size of 0.172. 634 SW 2nd St is a studio with 0.0 baths. The property's zip code is 33130 which is in Miami, FL

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