FL > Miami
Miami, FL 33130,634 SW 2nd St
Miami, FL 33130,634 SW 2nd St
Miami, FL 33130,634 SW 2nd St
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$1,690,000
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4,336 SqFt
Active Under Contract

634 SW 2nd St Miami, FL 33130

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Isaac De Castro

Isaac De Castro

+1(646) 626-7901

UPDATED:

10/10/2024 03:48 PM

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,336 sqft

Price per Sqft $389

MLS Listing ID A11533761

Construction Status New Construction

HOA Y/N No

Annual Tax Amount $17,110

Tax Year 2023

Contingent 3rd Party Approval

Lot Size 7,492 Sqft

Acres 0.172

Property Description

Nestled in East Little Havana, this 6-unit multifamily is blocks away from the Miami River, Downtown, Brickell, Calle 8, the Brightline Station, MDC Campus, traditional and Michelin star restaurants, world class museums, art galleries, live music venues, and the Marlins Stadium. The property features concrete roof deck with pro-graded waterproof membrane installed 2019 (HVHZ rated|10-yrs warranty), interior remodel, tankless water heaters (2019), wall-mounted AC (2020-2021), independent electrical panels/meters, and 50-year Recertification completed (2020). The occupancy rate above 99% for the past 5-yrs offers a steady cash flow on your investment. Rent Rolls, financials and investment pro-forma attached. Cap rate 7.95% @ market rents. Do not disturb tenants. All units rented M2M.

Location

State FL

County Miami-dade

Area 41

Direction 634 SW 2nd St, Miami, FL 33130. Please use Google Maps

Interior

Heating Window Unit, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Ceramic Tile, Tile

Exterior

Waterfront No

Roof Type Concrete

Parking Type Assigned, On Street

Total Parking Spaces 7

Building

Story 2

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block,Stucco

Construction Status New Construction

Others

Tax ID 01-02-02-010-1060

Ownership Corporation

Security Features Other,Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Corporate Listing

Listed by Innova Real Estate Corp

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Isaac De Castro

Real Estate Advisor | 3561456; 1750974; 10401278264

+1(646) 626-7901

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