1037 Nw 2nd St, Miami, FL 33128

$3,775,000

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List Price
$3,775,000
MLS#
A12002015
Status
ACTIVE
Type
Commercial

Property Description

Newly constructed 10-unit multifamily asset in the rapidly growing East Little Havana submarket of Miami. The building features a well-balanced unit mix of FOUR studio apartments and SIX two-bedroom residences, designed to appeal to a wide range of tenants, including young professionals, medical employees, and small families. Each unit includes modern kitchens, stainless steel appliances, porcelain tile flooring, central air conditioning, and an in-unit washer and dryer, providing a contemporary living experience that supports strong tenant demand. Based on current market rents, the property has the potential to generate approximately $22,000 in gross monthly income, or $264,000 annually, representing an estimated capitalization rate of approximately 6 percent.

Additional Information

Days on Market
120
Water Access
Leases
Parcel Number
01-41-02-005-1650
Lot Size
7,000
Directions
GPS
Address
1037 Nw 2nd St, Miami
Year Built
2026
Section
2
Special Information
New Construction

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Calculator source: Real Geeks

Listing Courtesy of LUXE Capital Advisors, Contact: