Basics
- Category: CommercialSale
- Type: Multifamily
- Status: Active
- Bathrooms: 0
- Floors: 3
- Lot size: 7000, 7000 sq ft
- Year built: 2026
- County: Miami-Dade
- MLS ID: A12002015
Description
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Description:
2 54 41 PB 2-46 LAWRENCE ESTATE LAND COS SUB LOT 14 LESS S10FT BLK 9 LOT SIZE 7000 SQUARE FEET OR 17959-3679 0198 4 Newly constructed 10-unit multifamily asset in the rapidly growing East Little Havana submarket of Miami.
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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.
Location
- Directions: GPS
Building Details
- Structure Type: Apartment,MultiFamily
- Water Source: Public
- Sewer: PublicSewer
- Covered Spaces: 0
- Number Of Buildings: 1
Amenities & Features
- Parking Features: Assigned,Covered
- Parking Total: 6
- Cooling: CentralAir
- Heating: Central,Electric
Miscellaneous
- List Office Name: LUXE Capital Advisors
- Listing Terms: Cash,Conventional,Exchange1031,Other
Ask our real estate expert about this property
This Multifamily-type commercial real estate is located in 1037, 2nd St, Miami, FL, 33128 was built in 2026, and is listed at $3,775,000.