- For Sale $2,199,000
- Property Type Multi-Family
- Property Size 7,500 SF
- Units 10
- Cap Rate % 6.6
- Additional Rent Contact for pricing
- Year Built 1918
- Date Updated Oct 28, 2024
Great income producing investment opportunity in Little Havana. 10 UNITS. 100% Occupied. Current annual gross income of $221,100.00. This property is comprised of a fully renovated 8 unit apartment building consisting of one bedroom one bathroom units and a single-family home. Current ownership is operating the single-family home as a duplex with 2Br/1Ba in each unit for a total of 10 rental units. The 1/1s are currently rented at an average of $1800 per month. The single family is producing $4,000 per month. Property has new floors, new kitchen, new AC mini splits, and new bathrooms. Stainless steel appliances. Separate electric meters. Actual current Cap Rate 6.6%
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Contacts
Location
Getting Around
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Walk Score ®
83/100
Very Walkable
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Transit Score ®
75/100
Excellent Transit
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Bike Score ®
69/100
Bikeable
- City Miami, FL
- Neighborhood Little Havana
- Zip Code 33128
- Market Miami
Points of Interest
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MiamiCentral
0.83 miles
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Brickell City Centre
1.19 miles
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Miami Airport
3.41 miles
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Miami Intermodal Center
3.48 miles
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Hialeah Market
3.98 miles
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MIA Station
4.46 miles
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Gates E2-E11
4.62 miles
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Gates E20-E35
4.86 miles
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4
4.92 miles
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Miami
5.98 miles
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Valero
0.18 miles
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Shell
0.54 miles
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Marathon
0.75 miles
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Sunflex
0.77 miles
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U Gas
0.86 miles
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Chevron
0.90 miles
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ChargePoint Charging Station
1.31 miles
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Tesla Supercharger
2.83 miles
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ChargePoint
6.72 miles
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Center Field Garage
0.64 miles
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Third Base Garage
0.69 miles
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First Base Garage
0.73 miles
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Home Plate Garage
0.78 miles
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Juror Parking
0.78 miles
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Lot 18
0.84 miles
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Garage 2
0.87 miles
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Lot 43
0.90 miles
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Garage 1
0.91 miles
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Dominion Tower Parking Garage
0.91 miles
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FANNYLU
0.44 miles
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Selina Miami River
0.49 miles
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Barlington Hotel
0.54 miles
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SpringHill Suites
0.81 miles
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SpringHill Suites Miami Downtown/Medical Center
0.81 miles
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Dunns-Josephine Hotel
0.83 miles
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Casa Trinidad at #1
0.95 miles
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AC Miami Hotel Downtown & Element Miami Downtown
0.99 miles
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Miami Sun Hotel
1.04 miles
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Aloft Miami Brickell
1.07 miles
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McDonald's
0.23 miles
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Crust
0.28 miles
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Seaspice Brasserie & Lounge
0.31 miles
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García,s Seafood
0.34 miles
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Pinolandia
0.35 miles
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Rakachaka Grill y Más
0.50 miles
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La Santa Taqueria
0.61 miles
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Little Bread Cuban Sandwich Co.
0.62 miles
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Cafe La Trova
0.63 miles
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Fonda La Chismosa
0.65 miles
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Vann Academy II
0.08 miles
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Vann Academy
0.08 miles
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Lincoln-Marti School
0.17 miles
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Little Havana 2nd Campus
0.17 miles
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Lincoln-Marti School 11th Campus
0.17 miles
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Lincoln Marti Schools
0.19 miles
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Douglas Park Preschool
0.34 miles
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Wee Lads and Lassies Preschool
0.40 miles
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Riverside School
0.42 miles
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Coral Gate Park Preschool
0.42 miles
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Sagrada Familia Child Care Center
0.18 miles
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YWCA Gerry Sweet Early Learning Center
0.58 miles
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Centro Mater Day Care Center
0.60 miles
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Rainbow Little Havana Day Care Center
0.66 miles
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Rainbow Day Care Center
0.66 miles
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Carol Glasman Donaldson Child Care Center
0.80 miles
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Tamiami United Methodist Day Care Center
0.83 miles
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International Jose Marti YMCA Day Care Center
0.88 miles
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Terry's Day Nursery
0.90 miles
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Cedarail Child Care Center
0.93 miles
Frequently Asked Questions
How much does 850 NW 2nd St cost?
The space currently listed for sale at 850 NW 2nd St asks for $2,199,000.
What is the total square footage of 850 NW 2nd St?
850 NW 2nd St totals 7,500 square feet.
When was this property built?
850 NW 2nd St was built in 1918.
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Contact Listing Broker
Marcelo L. Merlo Is this you?
Global Investment Properties
