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1020 SW 2nd St
Miami, FL 33130
Multifamily Property For Sale
·
20 Units
Investment Highlights
- 20 unit building
- Call for details
- Completely renovated
Executive Summary
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.
Property Highlights
20 completely renovated apartment units.
Full gut renovation by M. Denis Construction.
Scheduled for completion in October.
Delivered as a virtually brand-new multifamily asset.
20 individual electrical meters.
20 individual water submeters.
Brand-new building systems and modern finishes throughout.
Low-maintenance investment with long-term value.
Prime Little Havana location minutes from Brickell and Downtown Miami.
Excellent opportunity for investors seeking a stabilized, turnkey multifamily asset with strong appreciation potential.
Whether you're completing a 1031 exchange, expanding your multifamily portfolio, or seeking a newly renovated income-producing property in one of Miami's most dynamic submarkets, 1020 SW 2nd Street represents a rare opportunity to acquire a fully repositioned asset with modern infrastructure, strong rental appeal, and exceptional long-term investment potential.
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.
Property Highlights
20 completely renovated apartment units.
Full gut renovation by M. Denis Construction.
Scheduled for completion in October.
Delivered as a virtually brand-new multifamily asset.
20 individual electrical meters.
20 individual water submeters.
Brand-new building systems and modern finishes throughout.
Low-maintenance investment with long-term value.
Prime Little Havana location minutes from Brickell and Downtown Miami.
Excellent opportunity for investors seeking a stabilized, turnkey multifamily asset with strong appreciation potential.
Whether you're completing a 1031 exchange, expanding your multifamily portfolio, or seeking a newly renovated income-producing property in one of Miami's most dynamic submarkets, 1020 SW 2nd Street represents a rare opportunity to acquire a fully repositioned asset with modern infrastructure, strong rental appeal, and exceptional long-term investment potential.
Property Facts
| Price Per Unit | $325,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 20 | Building Size | 8,438 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1920 |
| Apartment Style | Low-Rise | ||
| Zoning | 3900 - Multi-Family | ||
| Price Per Unit | $325,000 |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 8,438 SF |
| No. Stories | 2 |
| Year Built | 1920 |
| Zoning | 3900 - Multi-Family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 400 |
| Studios | 16 | - | 650 |
Property Taxes
| Parcel Number | 01-4102-005-3520 | Improvements Assessment | $2,237,500 |
| Land Assessment | $562,500 | Total Assessment | $2,800,000 |
Property Taxes
Parcel Number
01-4102-005-3520
Land Assessment
$562,500
Improvements Assessment
$2,237,500
Total Assessment
$2,800,000
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