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750 SW 2nd St 12 Unit Apartment Building $4,999,000 ($416,583/Unit) Miami, FL 33130
Investment Highlights
- Turn-Key, Stabilized Asset Fully operational 12-unit multifamily property with no immediate capital improvement requirements
- Strong Unit Mix 8 2BR/1BA and 4 1BR/1BA units
- Tenants pay all utilities
- 2021 Construction | Low CapEx Risk Modern building systems reduce near- and mid-term capital expenditures and operating risk
- Low Operating Expenses
- All units include in-unit washer and dryer
Executive Summary
Turnkey 12-unit multifamily property built in 2021, ideally situated in Little Havana just minutes from Brickell and Downtown Miami. This modern, fully stabilized asset features a desirable unit mix of eight (8) 2BR/1BA units and four (4) 1BR/1BA units, all equipped with in-unit washer and dryer. Tenants are responsible for all utilities, resulting in low operating expenses for ownership.
Located at 750 SW 2nd Street, this rare, newer-construction property benefits from its prime position immediately west of Brickell and Downtown, within one of Miami’s most established and rapidly evolving neighborhoods. The building offers efficient unit layouts with strong rental appeal to professionals and small families, supported by high demand in the surrounding submarket.
With modern building systems, minimal deferred maintenance, and stable in-place rents, this turn-key multifamily asset presents a compelling opportunity for long-term investors seeking dependable cash flow and capital preservation in a core urban location. The property provides excellent connectivity to major employment centers, transportation corridors, and premier Miami destinations, reinforcing its strong investment fundamentals and long-term appreciation potential.
Prime Connectivity & Proximity
Brickell – ~0.8 miles
Downtown Miami – ~1.2 miles
Calle Ocho – ~0.4 miles
Coconut Grove – ~2.5 miles
Wynwood – ~3.5 miles
Miami Beach – ~5 miles
Miami International Airport – ~6 miles
I-95 – ~1.5 miles
Dolphin Expressway (SR 836) – ~1.2 miles
Located at 750 SW 2nd Street, this rare, newer-construction property benefits from its prime position immediately west of Brickell and Downtown, within one of Miami’s most established and rapidly evolving neighborhoods. The building offers efficient unit layouts with strong rental appeal to professionals and small families, supported by high demand in the surrounding submarket.
With modern building systems, minimal deferred maintenance, and stable in-place rents, this turn-key multifamily asset presents a compelling opportunity for long-term investors seeking dependable cash flow and capital preservation in a core urban location. The property provides excellent connectivity to major employment centers, transportation corridors, and premier Miami destinations, reinforcing its strong investment fundamentals and long-term appreciation potential.
Prime Connectivity & Proximity
Brickell – ~0.8 miles
Downtown Miami – ~1.2 miles
Calle Ocho – ~0.4 miles
Coconut Grove – ~2.5 miles
Wynwood – ~3.5 miles
Miami Beach – ~5 miles
Miami International Airport – ~6 miles
I-95 – ~1.5 miles
Dolphin Expressway (SR 836) – ~1.2 miles
Data Room Click Here to Access
- Operating and Financials
Property Facts
| Price | $4,999,000 | Building Class | B |
| Price Per Unit | $416,583 | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 10,578 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2021 |
| Apartment Style | Low-Rise | Parking Ratio | 1.42/1,000 SF |
| Zoning | T4-R - Residential Multi-Family | ||
| Price | $4,999,000 |
| Price Per Unit | $416,583 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.34 AC |
| Building Size | 10,578 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2021 |
| Parking Ratio | 1.42/1,000 SF |
| Zoning | T4-R - Residential Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Kitchen
- Tub/Shower
Site Amenities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 8 | - | - |
1 1
Walk Score®
Very Walkable (84)
Transit Score®
Excellent Transit (82)
Property Taxes
| Parcel Number | 01-0202-020-1080 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,528,900 |
Property Taxes
Parcel Number
01-0202-020-1080
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,528,900
Contacts
-
Jorge Fernandez-Pla -
Carolina Grunbaum -
ICM Group | Investors Capital Management
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750 SW 2nd St
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