8 months on rocket

Backup Offers

634 SW 2nd St, Miami, FL, 33130

$1,690,000

Home List Price

$10,000*

Closing Credit

0 Baths
4,336 SqFt
$390/SqFt
Multi

Location

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634 SW 2nd St, Miami$1,690,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1970
HeatingElectric, Wall Furnace
CoolingElectric, Wall/Window Unit(s)
MLS #A11542257
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.

Property Details

Property Features

Property Information:

  • Architectural Style: Fourplex
  • Year Built: 1970
  • Stories: 2
  • Living Area: 4,336 SqFt

Listing Office:

  • Office Name: Innova Real Estate Corp
  • Office Phone: (239) 573-4646
  • Listing Agent: Yohanna Torres

Interior Features

Interior Information:

  • Flooring Type: Ceramic Tile, Tile

Exterior Features

Exterior Information:

  • Exterior: Balcony, Lighting

Virtual/3D Tour

  • Virtual Tour: 634 SW 2nd St
Virtual Tour

Lot Features

Lot Information:

  • Lot: Interior Lot

Utilities

Utilities Information:

  • Heating: Electric, Wall Furnace
  • Cooling: Electric, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: 634 SW 2nd St, Miami, FL 33130. Please use Google Maps.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,690,000
  • Price Per SqFt: $390/SqFt

Tax Information:

  • Annual Amount: $10,051
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

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Miami, FL

City

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

634 SW 2nd St vs Miami

259 DAYS ON ROCKET

+199 Days

$1,690,000

+$1.1M More

$390/SqFt

-$0 Less

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $0/SqFt less than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11542257

Listing Office:

  • Office Name: Innova Real Estate Corp
  • Office Phone: (239) 573-4646
  • Listing Agent: Yohanna Torres

IDX © 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 12:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$10,051$637,774
2018$7,791$321,077
2017$7,518$482,689

History based on county public records data.

Payment Calculator

$8,502

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,133

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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.

Nearby Schools

school-card-donut-382000
10
/10

  • Mater Academy East Charter

  • 450 SW 4th St

  • 0.22 miles

  • Public Charter Grades KG-5

school-card-donut-382001
7
/10

  • Downtown Miami Charter School

  • 305 NW 3rd Ave

  • 0.52 miles

  • Public Charter Grades KG-6

school-card-donut-382002
3
/10

  • Riverside Elementary School

  • 1190 SW 2nd St

  • 0.54 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Florida›Miami-Dade County›Miami›33130›634 SW 2nd St

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.

In October 2024 more than 62 listings in Miami, FL were sold above the asking price. During the same period more than 129 listings were sold at asking price, while more than 507 were sold below. The number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. Listings spent 60 days on the market in October 2024, and had a median list price of $560,436 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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