641 NW 2nd St, Miami FL 33128

Closed

$2,250,000

Est. Payment $11,975/mo

MLS Sheet Video

1972

Year Built

Stories

Days on Market

Description

Investment opportunity alert! This 6-unit building located in East Little Havana right off the expanding Miami River is the perfect addition to your real estate portfolio. This multi-family features 6 renovated units, each w/ 2 beds and 1 bath. The units have been well-maintained and are currently leased, providing a steady stream of rental income. The bldg. is situated in a prime location, close to a variety of shops, restaurants, public transportation and minutes away from Downtown/Brickell/Wynwood. This is a great opportunity to invest in Miami's thriving rental market. The property is in good condition, and there's possibilities to expand or convert into short term rentals with lot zoning T6-8-R. Don't miss out on this opportunity to own a piece of Miami's vibrant real estate market.

Facts

MLS#: A11312037
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Income/MultiFamily
Year Built: 1972
Lot Size: 7,500 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 2
Garage: —
Pool: —
Days on Market: 84 days
Listed: Dec 14, 2022
Last Updated: Apr 21, 2023
Price/Lot Sq.Ft.: $300/ft²

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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

June 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).

4/21/2023	Sold	$2,250,000
12/14/2022	Listed for sale	$2,250,000

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

Location

641 NW 2nd St, Miami FL 33128Directions

GreatSchools Summary Ratings

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

Ponce De Leon Middle School
6,7,8 · public · 0.5 mi
George Washington Carver Middle School
6,7,8 · public · 0.6 mi
Henry S. West Laboratory School
KG,1,2,3,4,5,6,7,8 · public · 0.6 mi
George W. Carver Elementary School
PK,KG,1,2,3,4,5 · public · 0.7 mi
Primer - Coconut Grove
KG,1,2,3,4,5,6,7,8 · oosle · 0.8 mi
Frances S. Tucker Elementary School
PK,KG,1,2,3,4,5,6,7,8 · public · 0.8 mi
Coral Gables Senior High School
PK,9,10,11,12 · public · 0.9 mi
Coral Gables Senior High Adult Education
UG · public · 1.0 mi
St Hugh Catholic School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.1 mi
Carrollton School-Sacred Heart
PK,TK,KG,1,2,3,4,5,6,7,8 · private · 1.1 mi

Estimated Monthly Payment

$14,000/mo

Principal & Interest

$11,975

Property Tax

$1,875

Insurance

$150

HOA

Down Payment20% ($450,000)

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

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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