641 NW 2nd St, Miami FL 33128

For Sale · Active Listing

$1,799,999

Est. Payment $9,580/mo

MLS Sheet Video

1972

Year Built

2

Stories

0

Days on Market

Description

Prime Little River investment opportunity offering immediate income, value-add potential, and long-term redevelopment upside. This six-unit multifamily property features all 2-bedroom, 1-bathroom units situated on a 7,500 SF lot with T6-8-O zoning. The property has been significantly upgraded with a new roof, updated electrical and plumbing systems, and completed 40-year recertification, providing a strong, low-risk foundation for investors. Each unit includes assigned parking, and the building offers on-site laundry, enhancing tenant retention and operational efficiency. this asset presents an exceptional opportunity for both cash flow and future appreciation in one of Miami’s fastest-growing area.

Facts

MLS#
A12023636
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
Listed
May 22, 2026
Last Updated
May 23, 2026
Price/Lot Sq.Ft.
$240/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

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

44

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).

5/22/2026Listed for sale$1,799,999

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.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$11,230/mo

Principal & Interest

$9,580

Property Tax

$1,500

Insurance

$150

HOA

$0

20% ($360,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

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Updated within 24 hours

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