BRICKELL RIVERVIEW

850 NW 2nd St, Miami FL 33128

5,314 ft²

Closed

$1,100,000

Est. Payment $5,855/mo

MLS Sheet Video

5,314

Sq. Ft.

1918

Year Built

Stories

Days on Market

Description

Fausto Commercial presents a great opportunity to invest in East Little Havana. This property is in a very desirable pocket of Little Havana, Riverview. Area is surrounded by future developments sites that will modernize the area. This property consist of 9 legal units. There is a single family house in the front of the property with 4 bedrooms and 2 bathrooms rented at $3,000 per month, Behind that structure is a two story, block construction, 8 unit building. All units in the rear structure consist of 1 bedroom 1 bathroom units rented below market giving you immediate upside to increase income. It is fully occupied and each unit pays $1150. Great value add opportunity. Total Monthly Gross income $12,200

Facts

MLS#: A11295079
Subdivision: BRICKELL RIVERVIEW
Property Type: Residential Income
Property Sub Type: Quadruplex
Year Built: 1918
Lot Size: 0 sqft
Sq. Ft.: 5,314 ft²
Sq. Mt.: 494 m²
Price per sq. ft.: $207/ft²
Price per sq. mt.: $2,227/m²
Stories: 2
Garage: —
Pool: —
Days on Market: 18 days
Listed: Oct 28, 2022
Last Updated: Feb 3, 2023
Price/Lot Sq.Ft.: —

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Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

2/3/2023	Sold	$1,100,000
10/28/2022	Listed for sale	$1,100,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

850 NW 2nd St, Miami FL 33128Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Lively Stones For Jesus School Of The Future
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
Lively Stones For Jesus School Of The Future
8 · private · 0.3 mi
Lakeview Elementary School
PK,KG,1,2,3,4,5 · public · 0.3 mi
Doctors Charter School Of Miami Shores
6,7,8,9,10,11,12 · charter · 0.7 mi
Growing Minds Teaching Center
KG,1,2,3,4,5 · private · 0.8 mi
Lively Stones for Jesus School of the Future
3,9,12 · private · 0.8 mi
St James Catholic School
PK,KG,1,2,3,4,5,6,7,8 · private · 0.8 mi
Trinity Christian School & Dc
PK,KG · private · 0.8 mi
Van E. Blanton Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
Hubert O. Sibley K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 0.8 mi

Estimated Monthly Payment

$6,921/mo

Principal & Interest

$5,855

Property Tax

$917

Insurance

$150

HOA

Down Payment20% ($220,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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