Excellent Opportunity In Heart Of Historic Little Havana To Own A Roaming House Licensed Property Generating Over $20,000 A Month. Property Sits Between Loan Depot Park & A Short Walk To Historic Little Havana & Domino Park. Larger Than Tax Roll Property With (2) Story Building In Front With 23 Units Leased Month To Month And Rear Home With (7) Studio Apartments. Property Has An Office, Security Cameras, & Washer & Dryer Stations. Front Unit Has Updated Interior Common Areas & (3) Full Bathrooms & (3) 1/2 Baths With Full Kitchen. Rear Structure Has Been Modernized & Has 2 Full Baths & A Full Kitchen. Property Has Been Recently Painted. This Property Is A Cash Cow Generating Over $20,000.00 A Month. Zoned T5L- Ok For Daily Rentals As Per Miami 21 Code.
Property Details
Property Features
Property Information:
Year Built: 1937
Stories: 2
Living Area: 5,480 SqFt
Listing Office:
Office Name: Epic Choice Realty
Office Phone: (786) 402-4821
Listing Agent: Brian Lopez
Interior Features
Interior Information:
Flooring Type: Other, Tile
Exterior Features
Exterior Information:
Exterior: Fence, Other, Patio
Virtual/3D Tour
Virtual Tour: 1619 SW 2nd St
Virtual Tour
Utilities
Utilities Information:
Heating: Electric
Cooling: Other, Wall/Window Unit(s)
Other
Directions Information:
Directions: USE GPS
Price Information
Listing Price Info
Price Summary:
List Price: $2,750,000
Price Per SqFt: $502/SqFt
Tax Information:
Annual Amount: $10,730
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Miami, FL.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$13.7K
Per Month
Principal & Interest
$13.7K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$8,311
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Alpha Charter of Excellence
1217 SW 4th St
Distance between this listing and this school0.44 miles
Public Charter Grades KG-5
3
/10
Riverside Elementary School
1190 SW 2nd St
Distance between this listing and this school0.50 miles
Public District Grades PK-5
4
/10
Citrus Grove Elementary School
2121 NW 5th St
Distance between this listing and this school0.70 miles
Public District Grades PK-5
Nearby Schools
4
/10
Citrus Grove Middle School
2153 NW 3rd St
Distance between this listing and this school0.62 miles
Public District Grades 6-8
6
/10
Sports Leadership and Management (Slam) Charter Middle School
604 NW 12th Ave
Distance between this listing and this school0.69 miles
Public Charter Grades 6-8
3
/10
Mater Preparatory Academy
601 NW 12th Ave
Distance between this listing and this school0.71 miles
Public Charter Grades KG-8
Nearby Schools
10
/10
Young Womens Preparatory Academy
1150 SW 1st St
Distance between this listing and this school0.50 miles
Public Magnet Grades 6-12
9
/10
Mater Academy East Charter High School
998 SW 1st St
Distance between this listing and this school0.66 miles
Public Charter Grades 9-12
7
/10
Sports Leadership of Miami Charter High School
604 NW 12th Ave
Distance between this listing and this school0.69 miles
The neighbors living near this home have an average income of $27,042. Residents of Miami, FL typically earn less than $35k each year. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1619 SW 2nd St in Miami, FL and zip code 33135 in the Little Havana neighborhood. This 5,480 square foot home was built in 1937. It has been listed on Rocket Homes since February 19, 2024 and is currently priced at $2,750,000.
Over 62 listings were sold over their listed price in October 2024 in Miami, FL. In the same period over 507 listings were sold below the listed price and 129 listings were sold for the listed price. The number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $560,436.
From Rocket Homes Real Estate and based on county public records data.
© 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively 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. This property is offered without respect to any protected classes in accordance with the law.
Pro Boxing
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
H&M
Burlington
Foot Locker
Boston Market
White Castle
Popeyes
Honda
Kia
Nissan
Rhythmic Contemporary Hits
Urban Adult Contemporary