1619 SW 2nd St, Miami FL 33135

Description

Located in the heart of Little Havana, just minutes from Brickell, Downtown Miami, and Marlins Park, this 13-room income-producing property offers investors an affordable entry point with multiple upside paths. Currently operating as a rooming house, the property provides steady cash flow and a clear path for conversion back to 10 multifamily units under its existing configuration. At an asking price of $1.2M ($120K per unit prior to conversion), the property represents excellent value whether repositioned as traditional apartments or as a short-term rental asset targeting the area’s strong tourism demand. With close proximity to major employment centers, entertainment hubs, and transit corridors, 1619 SW 2nd Street is perfectly positioned for stable long-term returns and appreciation.