FL > Miami > Riverside, Miami South
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 03:47 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 4,336 sqft

Price per Sqft $389

Subdivision Riverside, Miami South

MLS Listing ID A11542257

Style Fourplex

Construction Status Effective Year Built

HOA Y/N No

Year Built 1970

Annual Tax Amount $17,110

Tax Year 2023

Contingent 3rd Party Approval

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

Community Riverside, Miami South

Area 41

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

Interior

Heating Electric, Wall Furnace

Cooling Electric, Wall/Window Unit(s)

Flooring Ceramic Tile, Tile

Exterior

Exterior Feature Balcony, Lighting

Pool None

Community Features Laundry Facilities

Utilities Available Cable Available

Waterfront No

Roof Type Concrete

Total Parking Spaces 7

Building

Lot Description Interior Lot, 1/4 to 1/2 Acre Lot

Story 2

Foundation Slab

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block,Stucco

Construction Status Effective Year Built

Others

Tax ID 01-02-02-010-1060

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Corporate Listing, Listed As-Is

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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