Multifamily in 1037 NW 2nd St Miami for sale with MLS# A12002015
Newly constructed 10-unit multifamily asset in the rapidly growing East Little Havana submarket of Miami. The building features a well-balanced unit mix of FOUR studio apartments and SIX two-bedroom residences, designed to appeal to a wide range of tenants, including young professionals, medical employees, and small families. Each unit includes modern kitchens, stainless steel appliances, porcelain tile flooring, central air conditioning, and an in-unit washer and dryer, providing a contemporary living experience that supports strong tenant demand. Based on current market rents, the property has the potential to generate approximately $22,000 in gross monthly income, or $264,000 annually, representing an estimated capitalization rate of approximately 6 percent.
1037 NW 2nd St, Miami, FL 33128
- Price:
- $3,775,000.00
- Original List Price:
- $3,775,000.00
- Tenant Pays:
- Electricity, Insurance, Water
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Commercial Sale
- Property Type:
- Multifamily
- MLS Number:
- A12002015
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 15, 2026 8:07 pm
- Built-Up Area:
- 6,098 Sqft
- Lot Area:
- 7,000 Sqft
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Green Energy Efficient:
- Appliances
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central, Electric
- Year Built:
- 2026
- Year Built Details:
- New Construction
- Number of Buildings:
- 1
- Number of Units Total:
- 10
- Structure Type:
- Apartment, Multifamily
- Stories:
- 3
- Tax Annual Amount:
- $0.00
- Parking Total Spaces:
- 6
- Covered Spaces:
- 0
- Parking Features:
- Covered, Assigned
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional, 1031 Exchange, Other
- Occupant Type:
- Call Agent
- Tax Legal Description:
- 2 54 41 PB 2-46 LAWRENCE ESTATE LAND COS SUB LOT 14 LESS S10FT BLK 9 LOT SIZE 7000 SQUARE FEET OR 17959-3679 0198 4
- Real Estate Folio Number (Parcel Number):
- 01-41-02-005-1650
- Zoning Description:
- 3900
- Originally published on:
- April 15, 2026 8:07 pm
- Active on the market since:
- April 1, 2026
- Price change occurred on:
- April 15, 2026 8:07 pm
- Listing Status Last Changed On:
- April 15, 2026 8:07 pm
- Photos updated on:
- April 16, 2026 12:36 am
- Last Modified:
- April 16, 2026 6:00 am
- Flood Zone:
- AE
- Municipal Code:
- 1
- Subdivision Number:
- 5
- Courtesy of:
- LUXE Capital Advisors
- Attribution:
- Not provided
- Street Name:
- 2nd St
- Street Number:
- 1037
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33128
- County:
- Miami-Dade
- Latitude:
- N25° 46' 33.1''
- Longitude:
- W81° 47' 15.7''
- Street Direction Prefix:
- NW
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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