Miami, FL 33128 1029 NW 2nd St

1029 NW 2nd St Miami, FL - Image 11029 NW 2nd St Miami, FL - Image 21029 NW 2nd St Miami, FL - Image 3
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Presented By: This listing is courtesy of Edge & Co. Realty, Inc.; 305-962-1702
  • MLS# A11589770
  • 05/14/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 4,164

Home Details

Attention Investors!Discover this centrally located multifamily property,featuring six fully rented units ensuring immediate rental income:four 2 bed/1 bath and two 1 bed/1 bath units.Ideal for investment,this property offers a blend of convenience and potential.One unit has a lease, while the other five are month-to-month.Each unit has its own electric meter and wall unit air conditioners in each apartment.Located close to Loan Depot Park, highways, Downtown Miami and restaurants.Tenants will appreciate the convenience of nearby amenities. With its excellent location and consistent rental income, this property is perfect for both seasoned and new investors looking to expand their portfolio.Invest in your future with this exceptional multifamily property in the heart of the city.
Presented By: This listing is courtesy of Edge & Co. Realty, Inc.; 305-962-1702

Interior Features for 1029 NW 2nd St

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 1029 NW 2nd St

Additional Parcels Y/NNo
Attached Garage No
AttributionContact305-962-1702
Building NameLawrence Estate
Carport Y/NNo
CityMiami
Construction MaterialsBlock
CoolingWallWindowUnits
CountyMiami-Dade
Days on Market115
DisclosuresOwnerIsListingAgent
Electric On Property Y/NNo
Garage Y/NNo
Gross Income97800.0
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 15 LESS S10FT BLK 9 LOT SIZE 7000 SQUARE FEET OR 13151-3511 0187 1
LevelsTwo
Lot Size Square Feet7000.0
Lot Size UnitsSquareFeet
MLS Area41
MobileHomeRemainsYNNo
Net Operating Income59384.0
New ConstructionNo
Occupancy TypeTenant
Operating Expense38416.0
PossessionCloseOfEscrow
PostalCityMiami
Private PoolNo
Property Sub Type AdditionalMultiFamily
Property SubTypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories2
Structure TypeMultiFamily
Tax Annual Amount15078.0
Tenant PaysElectricity
TermsCash
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1971
Year Built DetailsResale
Zoning Description3900

Exterior for 1029 NW 2nd St

Building Area Total4164.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area7000.0
Number of Buildings1
Number of Separate Electric Meters6
Open Parking Y/NNo
Road Frontage TypeCityStreet
SpaNo
Water SourcePublic

Additional Details

Price History

Worth Clark

Price $1,800,000
MLS#A11589770
List Date 05/14/2024
Property Type Commercial
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