1037 NW 2nd St, Miami FL 33128

Description of 1037 NW 2nd St, Miami FL 33128

Newly constructed 10-unit multifamily asset in the rapidly growing East Little Havana submarket of Miami. The building features a well-balanced unit mix of FOUR studio apartments and SIX two-bedroom residences, designed to appeal to a wide range of tenants, including young professionals, medical employees, and small families. Each unit includes modern kitchens, stainless steel appliances, porcelain tile flooring, central air conditioning, and an in-unit washer and dryer, providing a contemporary living experience that supports strong tenant demand. Based on current market rents, the property has the potential to generate approximately $22,000 in gross monthly income, or $264,000 annually, representing an estimated capitalization rate of approximately 6 percent.

Property Details for 1037 NW 2nd St, Miami FL 33128

Heating

Central Electric

Cooling

Central Individual A/C

Parking Features

Assigned, Covered

Pool Private

No

Year Built Details

New Construction

Property Condition

New Construction

Building Information for 1037 NW 2nd St, Miami FL 33128

Building Area Total

6098

Building Area Units

Square Feet

Stories

3

Stories Total

3

Association

No

Property Information for 1037 NW 2nd St, Miami FL 33128

Lot Size Square Feet

7,000

Waterfront

No

View

No

Sewer

Public Sanitation

Water Source

Public

New Construction

Yes

Public Records for 1037 NW 2nd St, Miami FL 33128

Parcel Number

01-41-02-005-1650

Tax Legal Description

2 54 41 PB 2-46 LAWRENCE ESTATE LAND COS SUB LOT 14 LESS S10FT BLK 9 LOT SIZE 7000 SQUARE FEET OR 17959-3679 0198 4

Zoning

3900

County Or Parish

Miami-Dade County

Location