StatusAccepting Backup Offers (Active Under Contract)
About 634 SW 2nd St
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.
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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
10
/10
Mater Academy East Charter
450 SW 4th St
Distance between this listing and this school0.22 miles
Public Charter Grades KG-5
7
/10
Downtown Miami Charter School
305 NW 3rd Ave
Distance between this listing and this school0.52 miles
Public Charter Grades KG-6
3
/10
Riverside Elementary School
1190 SW 2nd St
Distance between this listing and this school0.54 miles
Public District Grades PK-5
Nearby Schools
10
/10
Ada Merritt K-8 Center
660 SW 3rd St
Distance between this listing and this school0.08 miles
Public Magnet Grades PK-8
9
/10
Lincoln-Marti Charter School Little Havana Campus
970 W Flagler St # 984
Distance between this listing and this school0.34 miles
Public Charter Grades KG-8
3
/10
Mater Preparatory Academy
601 NW 12th Ave
Distance between this listing and this school0.80 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Charter High School of the Americas
970 W Flagler St # 984
Distance between this listing and this school0.34 miles
Public Charter Grades 9-12
9
/10
Mater Academy East Charter High School
998 SW 1st St
Distance between this listing and this school0.38 miles
Public Charter Grades 9-12
10
/10
Young Womens Preparatory Academy
1150 SW 1st St
Distance between this listing and this school0.54 miles
The neighbors living near this home have an average income of $23,566. The majority of Miami, FL residents have income less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
This home is located at 634 SW 2nd St in Miami, FL and zip code 33130 in the Little Havana neighborhood. This 4,336 square foot home was built in 1970. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $1,690,000.
Miami, FL housing market in November 2024 saw over 38 listings sold above listed price, more than 112 sold at listed price and over 445 sold below. Between October 2024 and November 2024, Miami, FL real estate market has seen increase in the number of listings by 6.7%. The median list price of listings available in November 2024 was $565,671, while the average time on the real estate market was 60 days.
From Rocket Homes Real Estate and based on county public records data.