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For Sale256 Days
$2,299,000

850 NW 2nd St
Miami, FL 33128

Commercial For Sale
5,898 Sq. Ft.
London Foster Realty

Description for 850 NW 2nd St, Miami, FL 33128

Great income producing investment opportunity in Little Havana. 10 UNITS. This property is comprised of a fully renovated 8 unit apartment building consisting of one bedroom one bathroom units and a single-family home. Current ownership is operating the single-family home as a duplex with 2Br/1Ba in each unit for a total of 10 rental units. The 1/1s are currently rented at an average of $1800 per month. The single family is producing $4,000 per month. Current annual gross income of $155,100.00. Proforma gross income of $263,400. Property has new floors, new kitchen, new AC mini splits, and new bathrooms. Stainless steel appliances. Separate electric meters. Pro forma cap rate of 6.1%

Property Details

Listing Details
For Sale
Commercial
Multi-Family
For Sale
A11551329
$2,299,000
03/15/2024
5,898 Sqft
1918
18
3442018
Location Information
US
FL
Miami-Dade County
Miami
33128
2nd St
850
1324
W81° 47' 28.1''
N25° 46' 31.5''
850 NW 2nd St
41
NW
Yes
Garage/Parking
No
No
WaterFront and WaterAccess
No
Land Info
01-41-38-003-3310
Tax Info
BRICKELLS RIVERVIEW PB 5-43 LOT 7 BLK 4 LOT SIZE 7500 SQUARE FEET OR 19827-3250 07 2001 2 (2)
$17,712
Listing Information
London Foster Realty
Ian Lazaro Osorio
32
LNFS01
Sefmiami
$2,299,000
No
Multi Family

Price History

Source: MLS
DateEventPriceSource
2024-03-15For Sale$2,299,000MLS
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4

Bike Score

7

Transit Score

3

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Courtesy of London Foster Realty
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© 2024 Miami Association of REALTORS®. All rights reserved. The information is provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.