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$ 6,500,000
New
1020 SW 2nd St Miami, FL 33130
8,438 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Rent
Square Footage 8,438 sqft
MLS Listing ID A12063066
HOA Y/N No
Year Built 1920
Lot Size 7,500 Sqft
Property Sub-Type Multi Family
Property Description
A Brand-New Trophy Multifamily Asset in the Heart of Little Havana
An exceptional opportunity to acquire a completely redeveloped 20-unit multifamily property in one of Miami's fastest-growing neighborhoods. Currently undergoing a comprehensive, top-to-bottom renovation by M. Denis Construction ( www.mdenisconstruction.com ), this former gut renovation is being rebuilt to modern standards and is scheduled for completion in October.
Upon delivery, the property will be offered as a virtually brand-new building, combining the character of a classic Little Havana asset with the efficiencies and reliability of new construction. The renovation includes all new building systems and infrastructure, creating a low-maintenance investment with long-term upside.
One of the property's most valuable features is that each of the 20 units will have its own dedicated electrical meter and individual water submeter, providing operational efficiency, simplified utility management, and increased investment value.
Ideally positioned just minutes from Brickell, Downtown Miami, the Miami River District, Marlins Park, and Miami International Airport, the property benefits from strong rental demand driven by professionals, students, and the continued growth of the surrounding area. Little Havana continues to experience significant investment and redevelopment, making this an outstanding opportunity to own a stabilized, turnkey multifamily asset in one of Miami's most desirable urban markets.
An exceptional opportunity to acquire a completely redeveloped 20-unit multifamily property in one of Miami's fastest-growing neighborhoods. Currently undergoing a comprehensive, top-to-bottom renovation by M. Denis Construction ( www.mdenisconstruction.com ), this former gut renovation is being rebuilt to modern standards and is scheduled for completion in October.
Upon delivery, the property will be offered as a virtually brand-new building, combining the character of a classic Little Havana asset with the efficiencies and reliability of new construction. The renovation includes all new building systems and infrastructure, creating a low-maintenance investment with long-term upside.
One of the property's most valuable features is that each of the 20 units will have its own dedicated electrical meter and individual water submeter, providing operational efficiency, simplified utility management, and increased investment value.
Ideally positioned just minutes from Brickell, Downtown Miami, the Miami River District, Marlins Park, and Miami International Airport, the property benefits from strong rental demand driven by professionals, students, and the continued growth of the surrounding area. Little Havana continues to experience significant investment and redevelopment, making this an outstanding opportunity to own a stabilized, turnkey multifamily asset in one of Miami's most desirable urban markets.
Location
State FL
County Miami-dade
Area 41
Exterior
Private Pool Yes
Building
Story 2
Sewer Other
Water Public
Level or Stories Two
Others
Tax ID 01-41-02-005-3520
Acceptable Financing Cash, Owner May Carry Second
Listing Terms Cash, Owner May Carry Second
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12063066
Listed by Real Estate Sales Force
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