Overview
Closing Costs Calculator- Status: Backup
- Parking No info
- Size: 4,336 ft2/402.83 m2
- Price Per: $389.76 ft2/$4,195.35 m2
- Type: Multifamily
- Built: 1970
- HOA: No info
- MLS Number: A11542257
- View No info
- On Site: 345 days
- Updated: 11 Days Ago
- Page Views: 7
Nestled in East Little Havana, this 6-unit multifamily 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 deck with pro-graded waterproof membrane installed 2019 (HVHZ rated|10-yrs warranty), interior remodel, tankless water heaters (2019), wall-mounted AC (2020-2021), independent electrical panels/meters, and 50-year Recertification completed (2020). The occupancy rate above 99% for the past 5-yrs offers a steady cash flow on your investment. Rent Rolls, financials and investment pro-forma attached. Cap rate 7.95% @ market rents. Do not disturb tenants. All units rented M2M.
Contact AdvisorDevelopment Amenities
Development Amenities:
- Billiard Room
- Fitness Center
- Playground
- Pool
- Sauna
- Spa Hot Tub
- Trash Chute
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 08/14/2024 | Price Reduced | $1,690,000.00 | 2.3% | $389.76 ft2/$4,195.35 m2 |
| 02/29/2024 | Listed | $1,729,990.00 | $398.98 ft2/$4,294.62 m2 |
Features
Property Details for 634 SW 2nd St, Miami, FL 33130
Riverside, Multifamily current status is ActiveUnderContract, 634 SW 2nd St is a Multifamily in , Miami, FL 33130 with property MLS ID# A11542257.
This Multifamily has been listed on Best of Luxury Realty since March 01, 2024 and is currently priced at 1,690,000. This property was built in 1970.
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms:
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: Balcony, Lighting
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Electric, Wall Furnace
- Cooling Description: No info
- Building and Construction
- Floor Description: Ceramic Tile, Tile
- Windows/Treatment: No info
- Construction Type: Block, Stucco
- Year Built: 1970
- Style: Fourplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Riverside
- Subdivision Name: RIVERSIDE, MIAMI SOUTH
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 02/29/2024
- Directions: 634 SW 2nd St, Miami, FL 33130. Please use Google Maps.
- Area: 41
- Brokered By: Innova Real Estate Corp
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $17,110.00 (2023)
Nearest Schools
Mortgage Calculator
Property Price:
$1,690,000.00
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Area Specialist
Buyer/Tenant EtiquetteAdbutler placeholder
Tracey Schmitt
Real Estate Advisor
Office: (305) 407-1657
Specialties:
Luxury Oceanfront Communities, Waterfront Single Family Homes
Memberships:
Master Brokers, Luxury Real Estate Marketing, Million Dollar Guild
This property is courtesy of the Innova Real Estate Corp. This listing has been viewed 7 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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