Listed By:
This listing is courtesy of Real Estate Sales Force
Address
1020 Sw 2nd St, Miami, FL
Price
$ 6,500,000
Property Attributes
  • MLS#A12075566
  • TypeIncome
  • Listing Status Active
  • CountyMiami-Dade
  • CityMiami
  • Area41
  • NeighborhoodLAWRENCE ESTATE LAND CO
  • Zip33130
  • Style
  • Year Built1920
  • Taxes$ 64558
  • Price$ 6,500,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage8438
Data Source:
Southeast Florida MLS (SEFMLS)
Property Description

A Brand-New Trophy Multifamily Asset in the Heart of Little Havana An exceptional opportunity to acquire a completely redeveloped 20-unit multifamily property in one of Miami's fastest-growing neighborhoods. Currently undergoing a comprehensive, top-to-bottom renovation by M. Denis Construction, this former gut renovation is being rebuilt to modern standards and is scheduled for completion in October. Upon delivery, the property will be offered as a virtually brand-new building, combining the character of a classic Little Havana asset with the efficiencies and reliability of new construction. The renovation includes all new building systems and infrastructure, creating a low-maintenance investment with long-term upside. One of the property's most valuable features is that each of the 20 units will have its own dedicated electrical meter and individual water submeter, providing operational efficiency, simplified utility management, and increased investment value. Ideally positioned just minutes from Brickell, Downtown Miami, the Miami River District, Marlins Park, and Miami International Airport, the property benefits from strong rental demand driven by professionals, students, and the continued growth of the surrounding area. Little Havana continues to experience significant investment and redevelopment, making this an outstanding opportunity to own a stabilized, turnkey multifamily asset in one of Miami's most desirable urban markets.

Price History
8/21/2026 Listed $6,500,000

General Features

Sewer Public Sewer
Heating Central
Cooling Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Concrete
Architectural Style Fourplex
Pool Features None
Year Built 1920
Stories Count 2
Levels Two
Property Subtype Quadruplex
Tax Year 2025
County Miami-Dade
Property Type Residential Income
Subdivision Name LAWRENCE ESTATE LAND CO
Rent Includes Gardener,Pest Control,Sewer,Trash Collection
Full Baths 1
Status Active
Directions Use GPS
City Miami
Zoning Description 3900
Number Of Units Total 1
MLS Area 41
Lot Size Units Square Feet
Listing Terms Cash,Conventional,Other
Year Built Details Under Construction
Tax Annual Amount 64558
Property Condition Under Construction
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12075566
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Quadruplex
Expected Active Date 2026-08-21
PostalCity Miami
Legal Description 2 54 41 PB 2-46 LAWRENCE EST LAND COS SUB LOT 3 BLK 20 LOT SIZE 7500 SQ FT OR 20765-4352 1002 1 COC 24271-0374 01 2006 1

Interior Features

Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 1

Exterior Features

Lot Features < 1/4 Acre
Building Area Total 8438
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33130

Price
AVG $2.22M
$6.5M
Taxes
AVG $220,232
$64,558
Year Built
AVG 1937
1920

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