1563 SW 2nd St
Miami, FL 33135
Second Street Apartments · Multifamily Property For Sale · 12 Units

Second Street Apartments is a 12-unit apartment building located at 1563 Southwest 2nd Street in the Little Havana neighborhood in Miami, which is in Miami-Dade County, Florida. Built in 1925, the building is comprised of 12 studios and sits on a 0.17-acre lot. The property has recently completed its 40-year recertification. Second Street Apartments is located in Little Havana, which is one of the most desirable submarkets in South Florida. There are over 510,000 residents within a five-mile radius of the property. Little Havana is centrally located with Jackson Memorial Hospital and the hospital district to the north, PortMiami, the Brickell neighborhood and downtown Miami to the east, Coral Gables and Coconut Grove to the south, and the Miami International Airport to the west. The three largest economic drivers in South Florida, namely Miami International Airport, the Hospital District and PortMiami, are all within a few minutes' drive via car or public transportation from Second Street Apartments, which makes Little Havana one of the most convenient and desirable places for South Florida residents to live. For the same reason, there has been upward pressure on rental rates and virtually no vacancy in the submarket. Over the last five years there have been a number of new commercial and residential developments in the immediate area, which enhances the quality of life in Little Havana. In addition, the Miami Marlins Stadium was built several years ago a few blocks to the north of the property.