Miami, FL 33130 634 SW 2nd St
$1,729,990
7 more
Presented By: This listing is courtesy of Innova Real Estate Corp;
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 4,336
Home Details
Nestled in East Little Havana, this 6-unit building 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 with waterproof membrane (2019), tankless water heaters (4DU 2019), wall-mounted AC (2020-2021), interior remodel (5DU 2019) and independent electrical panels/meters. 50-year Recertification completed (2020). The occ. above 99% offers a steady cash flow on your investment. Rent Rolls, 2023 financials and investment pro-forma attached. Besides multi-family housing, T4-R zoning allows home office use by right and B&B by warrant. Cap rate 7.76% @ market rents. Do not disturb tenants.
Presented By: This listing is courtesy of Innova Real Estate Corp;
Interior Features for 634 SW 2nd St
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
FlooringCeramicTile, Tile
Heating Y/NYes
General for 634 SW 2nd St
Additional Parcels Y/NNo
Attached Garage No
Building NameRIVERSIDE, MIAMI SOUTH
Carport Y/NNo
CityMiami
Construction MaterialsBlock, Stucco
CoolingWallWindowUnits
CountyMiami-Dade County
Days on Market116
Directions634 SW 2nd St, Miami, FL 33130. Please use Google Maps
ElectricItem200AmpService
Energy EfficientRoof, WaterHeater
Garage Y/NNo
Gross Income175864.0
HOA / Comm AssnNo
HeatingWindowUnit, WallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionCITY OF MIAMI SOUTH PB B-41 LOT 5 BLK 21 LOT SIZE IRREGULAR
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet7500.0
Lot Size UnitsSquareFeet
MLS Area41
MobileHomeRemainsYNNo
Net Operating Income134279.0
New ConstructionNo
NumberOfUnitsTotal6
Occupancy TypeTenant
Ok to LeaseItem12Months
Percent OwnershipCorporation
PossessionCloseOfEscrow, SubjectToTenantRights
PostalCityMiami
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubTypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
RoofConcrete
Security FeaturesOther, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsCorporateListing
Standard StatusActive
StatusActive
Stories2
Structure TypeApartment, MultiFamily
Tax Annual Amount17110.0
Tax Year2023
Tenant PaysElectricity
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built DetailsNew Construction
Zoning DescriptionT4-R
Exterior for 634 SW 2nd St
Building Area Total4336.0
Covered Spaces0.0
Crops Included Y/NNo
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.172
Lot Size Area7500.0
Number of Buildings1
Number of Separate Electric Meters7
Open Parking Y/NNo
Parking FeaturesAssigned, OnStreet
Road Frontage TypeCountyRoad, CityStreet
SpaNo
Total Parking7.0
Water SourcePublic
Additional Details
Price History
