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850 NW 2nd St Miami, FL $ 2,299,000
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$ 2,299,000 Get more info
850 NW 2nd St
$ 2,299,000
Back to search
Share Save

850 NW 2nd St

Miami, FL, 33128
$ 2,299,000
Baths0.0 Sq 5,898

Monthly Estimate*

$ 15,280

850 NW 2nd St, Miami, FL 33128 - Image 1
850 NW 2nd St, Miami, FL 33128 - Image 2
850 NW 2nd St, Miami, FL 33128 - Image 3
850 NW 2nd St, Miami, FL 33128 - Image 4
850 NW 2nd St, Miami, FL 33128 - Image 5
850 NW 2nd St, Miami, FL 33128 - Image 6
850 NW 2nd St, Miami, FL 33128 - Image 7
850 NW 2nd St, Miami, FL 33128 - Image 8
850 NW 2nd St, Miami, FL 33128 - Image 9
850 NW 2nd St, Miami, FL 33128 - Image 10
850 NW 2nd St, Miami, FL 33128 - Image 11
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Studio

Commercial Property for sale in Miami, FL

for $2,299,000. This 5,898 square foot building was built in 1918 on a lot size of 0.172176.

Great income producing investment opportunity in Little Havana. 10 UNITS. Current annual gross income of $198,300.00. This property is comprised of a fully renovated 8 unit apartment building consisting of one bedroom one bathroom units and a single-family home. Current ownership is operating the single-family home as a duplex with 2Br/1Ba in each unit for a total of 10 rental units. The 1/1s are currently rented at an average of $1800 per month. The single family is producing $4,000 per month. Proforma gross income of $263,400. Property has new floors, new kitchen, new AC mini splits, and new bathrooms. Stainless steel appliances. Separate electric meters. Pro forma cap rate of 6.1%

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Commercial Active

Price

$ 2,299,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 17,712

Style

MultiFamily

Lot Size

0.172176

Year Built

1918

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11551329
Features
General
Year Built 1918
Property SubType MultiFamily
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description 3900
MLS Area 41
Lot Size Square Feet 7500.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 2nd St
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 17712.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11551329
Days on Market 47
Structure Type MultiFamily
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description BRICKELLS RIVERVIEW PB 5-43 LOT 7 BLK 4 LOT SIZE 7500 SQUARE FEET OR 19827-3250 07 2001 2 (2)
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Exterior
Lot Size Area 7500.0
Spa N
Building Area Total 5898.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 850
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* Excluded Features
List By
London Foster Realty

Broker

ianreiservices@gmail.com

Email

Affordability Calculator

$16,756
Per Month
91%
9%
0%
Monthly Principal & Interest
$15,280
Monthly Property Taxes
$1,476
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/15/2024$2,299,000 Listed Price

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850 NW 2nd St, Miami, FL, 33128 is a Commercial Property for sale at $2,299,000 with 5,898 sqft and a lot size of 0.172176. 850 NW 2nd St is a studio with 0.0 baths and was built in 1918. The property's zip code is 33128 which is in Miami, FL

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