634 SW 2nd St
Miami, FL 33130
- – beds
- – baths
- 4,336 sqft
- $389 per sqft
- 1970 build
- – on site
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.
Last checked:
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Last updated Nov 15, 2024
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MLS# A11542257 —
The Building
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Year Built:1970
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Year Built Details:Effective Year Built
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Construction Materials:Block, Stucco
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Architectural Style:Fourplex
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Stories:2
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Levels:Two
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Roof:Concrete
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Foundation Details:Slab
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Exterior Features:Balcony, Lighting
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Green Energy Efficient:Roof, WaterHeater
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Building Area Total:4336.0
Interior
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Flooring:CeramicTile, Tile
Room Dimensions
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Living Area:4336.0
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Living Area Source:Appraiser
Location
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Directions:634 SW 2nd St, Miami, FL 33130. Please use Google Maps.
The Property
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Parcel Number:01 02 02 010 1060
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Property Type:ResidentialIncome
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Property Subtype:Quadruplex
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Property Subtype Additional:Quadruplex
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Zoning Description:T4-R
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Lot Features:InteriorLot,QuarterToHalfAcreLot
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Lot Size Units:SquareFeet
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (786) 536-8148
- Office phone:
- (239) 573-4646
Taxes
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Tax Year:2023
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Tax Annual Amount:$17,110
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Tax Legal Description:CITY OF MIAMI SOUTH PB B-41 LOT 5 BLK 21 LOT SIZE IRREGULAR
The Listing
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Virtual Tour Unbranded:
Heating & Cooling
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Heating:Electric, WallFurnace
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Heating:true
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Cooling:Electric, WallWindowUnits
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Cooling:true
Utilities
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Utilities:CableAvailable
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Sewer:PublicSewer
The Community
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Subdivision Name:Riverside, Miami South
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Community Features:LaundryFacilities
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Spa:False
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Pool Features:None
Parking
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Parking Total:7.0
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/15/24
Nov 15, 2024
|
Sold Subject To Contingencies | MLSM | $1,690,000 |
