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634 SW 2nd St, Miami FL 33130,Miami,Miami-Dade County,Residential Income

$1,690,000

Residential Income Closed

634 SW 2nd St, Miami FL 33130

WhatsApp Pinterest Facebook Twitter Linkedin Email

Residential Income Closed

634 SW 2nd St, Miami FL 33130,Miami,Miami-Dade County,Residential Income

634 SW 2nd St, Miami FL 33130

$1,690,000

Overview

Quadruplex
Property Type

4336
Square Feet

1970
Year Built

Description

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.

Address

Open on Google Maps

Address 2nd St
City Miami
State/county Miami-Dade County
Zip/Postal Code 33130
Area MIAMI SOUTH, RIVERSIDE

Details

Updated on April 3, 2025 at 6:20 am

Property ID: A11542257
Price: $1,690,000
Property Size: 4336 Square Feet
Year Built: 1970
Property Type: Quadruplex
Property Status: Residential Income

Additional details

StreetDirPrefix: SW
PublicSurveyRange: 2
ShowingInstructions: 24 Hour Notice,Appointment Only,Call Listing Agent,See Broker Remarks
ListAgentKey: 7690a0c3e83c7f986de8e28398a231cd
TaxLegalDescription: CITY OF MIAMI SOUTH PB B-41 LOT 5 BLK 21 LOT SIZE IRREGULAR
OnMarketDate: 2024-02-12
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2025-04-02
MajorChangeTimestamp: 2025-04-03T03:24:27.867Z
Flooring: Ceramic Floor,Tile
PhotosCount: 12
Cooling: Electric,Wall/Window Unit(s)
StatusChangeTimestamp: 2025-04-03T03:24:27.867Z
BuyerAgentFullName: NON-MLS MEMBER
MIAMIRE_TypeofAssociation: None
TaxExemptions: Tax Reflects Other Tax Exemption
BuildingName: RIVERSIDE, MIAMI SOUTH
CurrentFinancing: Conventional
OffMarketTimestamp: 2025-04-02T04:00:00.000Z
PriceChangeTimestamp: 2024-08-14T03:09:43.060Z
ListingKeyNumeric: 392601349
MajorChangeType: Closed
ListingContractDate: 2024-02-12
Zoning: T4-R
ListAOR: A-Miami Association of REALTORS
MLSAreaMajor: Riverside, Miami South
TaxAnnualAmount: 17110
ListOfficeName: Innova Real Estate Corp
MIAMIRE_RATIO_CurrentPrice_By_SQFT: 373.62
OriginatingSystemKey: miamire
PhotosChangeTimestamp: 2024-09-11T23:20:10.911Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 239-573-4646
MlsStatus: Closed
StreetNumber: 634
ListingKey: 3228a733fd29f02aaea29123325853fd
StateOrProvince: FL
ShowingContactType: Agent
ListOfficeKey: f6b7b683e3ff0093477cff3401b40bc3
Directions: 634 SW 2nd St, Miami, FL 33130. Please use Google Maps.
BridgeModificationTimestamp: 2025-04-03T03:54:51.739Z
ListAgentFullName: Yohanna Torres
Roof: Concrete
PropertyCondition: Substantially Remodeled
ParkingTotal: 7
ListAgentOfficePhone: 239-573-4646
Stories: 2
ParcelNumber: 01-02-02-010-1060
ListingTerms: All Cash,Conventional
OperatingExpense: 41201
YearBuiltDetails: Effective Year Built
BuyerAgentDirectPhone: 305-468-7000
OtherExpense: 0
Possession: Rental Agreement
IDXParticipationYN: 1
OffMarketDate: 2025-04-02
InternetAddressDisplayYN: 1
Contingency: No Contingencies
CloseDate: 2025-04-02
ListAgentMlsId: 3382604
LotSizeDimensions: 50'x150'
StoriesTotal: 2
ModificationTimestamp: 2025-04-03T03:24:27.867Z
BuyerAgentKey: 8b0fb565e8a5d0c35d3b2555670ca6cb
BuyerAgentEmail: [email protected]
OriginatingSystemID: miamire
PreviousListPrice: 1729990
DaysOnMarket: 240
NetOperatingIncome: 134663
ListOfficeMlsId: INNC01
ClosePrice: 1620000
ListAgentDirectPhone: 786-536-8148
PendingTimestamp: 2024-10-09T04:00:00.000Z
StreetNumberNumeric: 634
PostalCodePlus4: 2329
NumberOfUnitsInCommunity: 4
Sewer: Public Sewer
SyndicationRemarks: 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.
Heating: Electric,Window/Wall
MIAMIRE_LPAmtSqFt: 389.7601
StructureType: Quadruplex,Fourplex
BuildingAreaSource: Appraisal
TotalActualRent: 175864
ListAgentStateLicense: 3382604
PublicSurveyTownship: 2
StreetName: 2nd St
ListOfficeFax: 800-360-0127
ListingAgreement: Exclusive Right To Sell
PublicSurveySection: 2
OriginalListPrice: 1729990
GreenEnergyEfficient: Roof,Water Heater
BuildingAreaUnits: Square Feet
RentIncludes: Gardener,Sewer,Trash Collection,Water
InternetEntireListingDisplayYN: 1
InternetAutomatedValuationDisplayYN: 1
TaxYear: 2023
BuildingFeatures: Laundry Facility
OriginalEntryTimestamp: 2024-03-01T01:16:28.240Z
SourceSystemKey: 392601349
BuyerAgentMlsId: NMLS04
LotFeatures: 1/4 To Less Than 1/2 Acre Lot,Interior Lot,West Of US 1
PossibleUse: Investment
BuyerOfficeMlsId: NMLS04
DocumentsAvailable: Deposit - Last Months Rent,Deposit - Security,Equipment Lists,Financial Statement,Investment Analysis,Copy Of Lease(S),Rent Rolls
ConstructionMaterials: CBS Construction,Slab Construction,Stucco
MIAMIRE_Style: Fourplex
NumberOfUnitsTotal: 6
BuyerOfficeName: MAR NON MLS MEMBER
LotSizeSquareFeet: 0
BuyerOfficeKey: d5e8e4e63a1591650cd6e746efe516db
InternetConsumerCommentYN: 1
BuildingAreaTotal: 4336