Description
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, 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.
Details
| MLS # | A12075566 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1920 |
| Days On Site | 76 |
| Listing Provided By | Real Estate Sales Force | Ambarina Pernia Montero |
Features
| SQ Feet | 8,438 |
|---|---|
| Story(s) | 2 |
| Zoning | 3900 |
Exterior
| Lot Features | Less Than Quarter Acre |
|---|
Taxes
| Tax Annual Amount | 64558 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33130 |
| Area | 41 |
| Community Name | LAWRENCE ESTATE LAND CO |
| Listing VS Median (in LAWRENCE ESTATE LAND CO) | |
Price: $6,500,000 low | high Med: $2,300 sqft: 8,438 low | high Med: 600 $ / sqft: $770 low | high Med: $4 On site: 76 low | high Med: 40 | |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami |
| Zip Code | 33130 |
| Area | 41 |
| Community Name | LAWRENCE ESTATE LAND CO |
| Listing VS Median (in LAWRENCE ESTATE LAND CO) | |
Price: $6,500,000 low | high Med: $2,300 sqft: 8,438 low | high Med: 600 $ / sqft: $770 low | high Med: $4 On site: 76 low | high Med: 40 | |
 | $6,500,0001020 Sw 2nd StMiami, FL 33130 |
 | $6,500,0001020 Sw 2nd StreetMiami, FL 33130 |