1037 NW 2nd St, Miami FL 33128

About This Property

Newly constructed 10-unit multifamily asset in the rapidly growing East Little Havana submarket of Miami. The building features a well-balanced unit mix of FOUR studio apartments and SIX two-bedroom residences, designed to appeal to a wide range of tenants, including young professionals, medical employees, and small families. Each unit includes modern kitchens, stainless steel appliances, porcelain tile flooring, central air conditioning, and an in-unit washer and dryer, providing a contemporary living experience that supports strong tenant demand. Based on current market rents, the property has the potential to generate approximately $22,000 in gross monthly income, or $264,000 annually, representing an estimated capitalization rate of approximately 6 percent.

Property Details

Property Type

Income/MultiFamily

Status

Active

MLS #

A12002015

Building Area

6,098 SF

Lot Size

7,000 SF

Year Built

2026

Zoning

3900

Days on Market

66

Price

$3,775,000