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Sold for $3,700,000
  • $3,700,000

    1362 SW 2nd St, Miami, FL 33135

    5beds
    4baths
    8,019sqft
    Quadruplex
    Built in 1914
    -- sqft lot
    $3,703,500 Zestimate®
    $461/sqft
    $3,322 Estimated rent

    Home value

    $3,703,500

    $3.52M - $3.89M

    $3,322/mo

    Zestimate® history
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    $3,322/mo

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    $25,321/mo

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    $25,321/mo

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    What's special

    High-performing 20-unit multifamily asset in the heart of Little Havana generating $339,480 in gross annual rent & $227,776 in NOI. Strong in-place income with plenty of upside—current rents are below Section 8 levels, offering immediate value-add potential through rental increases. Other features: newer roofs, upgraded PVC plumbing, & a history of consistent 100% occupancy. Unit mix: (1) 1-bed/2-bath, (14) 1-bed/1-bath, (4) 2-bed/1-bath, & (1) 2-bed/2-bath. Priced at just $195,000 per unit—rare for Little Havana with this level of stabilized income. 40-Year Recertifications have been completed. Attachments include the current rent roll, 2024 operating statement, & certification reports. Freddie Mac loan is assumable with a 3.83% interest rate, approx. $1,735,000 balance, & 2030 maturity.

    Zillow last checked:

    Listing updated:

    Listed by:

    Oscar Arellano Jr. 305-525-7324,

    BHHS EWM Realty

    Bought with:

    Jorge Mederos, 0496433

    Mederos and Associates Real Estate Inc

    Source: MIAMI,MLS#: A11793460MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Wall/Window Unit(s)
    Features
    • Windows: Blinds
    Interior area
    • Total structure area: 8,019
    • Total interior livable area: 8,019 sqft

    Property

    Parking
    • Total spaces: 11
    Features
    • Stories: 1
    Lot
    • Features: 1/4 To Less Than 1/2 Acre Lot
    Details
    • Parcel number: 0141020062220
    • Zoning: 3901

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • CBS Construction
    • Roof: Barrel Roof,Flat Roof With Facade Front
    Condition
    • Year built: 1914

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: Public Sewer

    Community & neighborhood

    Location
    • Region: Miami
    • Subdivision: Lawrence Estates Land Cos

    Other

    Other facts
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    3/24/2026Listing removed$3,990,000$498/sqft
    Source: MIAMI #A11957385 Report a problem
    2/11/2026Listed for sale$3,990,000+7.8%$498/sqft
    Source: MIAMI #A11957385 Report a problem
    8/22/2025Sold$3,700,000-5.1%$461/sqft
    Source: MIAMI #A11793460 Report a problem
    5/8/2025Pending sale$3,900,000$486/sqft
    Source: MIAMI #A11793460 Report a problem
    4/30/2025Listed for sale$3,900,000-2.3%$486/sqft
    Source: MIAMI #A11793460 Report a problem
    4/24/2025Listing removed$3,990,000$498/sqft
    Source: MIAMI #A11772031 Report a problem
    3/27/2025Listed for sale$3,990,000$498/sqft
    Source: MIAMI #A11772031 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Little Havana

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,703,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,703,500