USAFLMiami¤Lawrence Estate Land Co1037 Nw 2Nd St
Listing image | Image 1

1037 Nw 2Nd St, Miami, FL

House

For Sale

Listed price in listed location currency (USD).
$3,775,000

006

MLS® A12002015

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 14
Lot Size 0.16 Acres
Approx. Age 2026
MLS® Number A12002015

Property Address: 1037 Nw 2nd St, Miami, FL, 33128-1104

Average square foot calculated using Size range provided by listing agent.

Description

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. 2026 New Construction - Asking Rents for Studio ($1, 800) 2/1($2, 500)- Annual $15, 000 Ins premium. Day-to-day operational overhead isremarkably lean—with minimal costs allocated for garbage collection($3, 000/yr), lawn care ($960/yr), Cap Exp ($780/yr), and common areautilities like electricity ($700/year), water/sewer ($575/yr)
MLS® NumberA12002015
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2026
Basement
DrivewayAssigned, Covered
Garage Spaces
HeatElectric
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 9, 2026List Date
$3,775,000List Price
Nov 27, 2023End Date
$560,000Sold Price

Sold

Jul 15, 2024List Date
$600,000List Price
  • Commute

Commute

Starting Address
Destination Address
1037 Nw 2Nd St, Miami, FL

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