$6,150,000
Miami, FL 33130
MLS# A12075566
8438 sqft

1 / 11
Property Description
A Brand-New Trophy Multifamily Asset in the Heart of Little Havana An exceptional opportunity to acquire a completely redeveloped 20-unit multifamily property in one of Miami's fastest-growing neighborhoods. Currently undergoing a comprehensive, top-to-bottom renovation by M. Denis Construction, this former gut renovation is being rebuilt to modern standards and is scheduled for completion in October. Upon delivery, the property will be offered as a virtually brand-new building, combining the character of a classic Little Havana asset with the efficiencies and reliability of new construction. The renovation includes all new building systems and infrastructure, creating a low-maintenance investment with long-term upside. One of the property's most valuable features is that each of the 20 units will have its own dedicated electrical meter and individual water submeter, providing operational efficiency, simplified utility management, and increased investment value. Ideally positioned just minutes from Brickell, Downtown Miami, the Miami River District, Marlins Park, and Miami International Airport, the property benefits from strong rental demand driven by professionals, students, and the continued growth of the surrounding area. Little Havana continues to experience significant investment and redevelopment, making this an outstanding opportunity to own a stabilized, turnkey multifamily asset in one of Miami's most desirable urban markets.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-08-21
Status: Active
Original List Price: 6500000
List Price: $6,150,000
Current Price: $6,150,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33130
Subdivision Number: 5
Flood Zone: AE
Country: United States
Street Number: 1020
Street Direction Prefix: SW
Street Name: 2nd
Street Suffix: Street
State Or Province: FL
Postal Code: 33130
Postal Code +4: 1025
Subdivision Name: LAWRENCE ESTATE LAND CO
Area: 2410
Elementary School: Riverside (Miami-Dade)
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0141020053520
Zoning: 3900
Directions: Use GPS
General Property Information
Number Of Units Total: 1
Adjusted Area Main: 7554
Living Area Main: 8438
Parking Total: 0
Stories Total: 2
Pool Private YN: No
Property Sub Type: Quadruplex
Building Area Main: 8438
Year Built: 1920
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Annual Amount: 64558
Tax Year: 2025
Tax Legal Description: 2 54 41 PB 2-46 LAWRENCE EST LAND COS SUB LOT 3 BLK 20 LOT SIZE 7500 SQ FT OR 20765-4352 1002 1 COC 24271-0374 01 2006 1
Office/Member Information
DXORIGMLSID: SEF
Flooring
Tile: 1
Property Condition
Under Construction: 1
Documents Available
Existing Survey: 1
Financial Statement: 1
Other Available Information: 1
Meter Information
Separate Electric Meters YN: Yes
Structure Type
Multi Family: 1
Possession
Close Of Escrow: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Heating
Central: 1
Separate Meters: 1
Listing Terms
Cash: 1
Conventional: 1
Other: 1
Roof
Concrete: 1
Income and Expenses
Gross Income: 2000
Cooling
Electric: 1
Showing Requirements
24 Hour Notice: 1
Call Listing Agent: 1
Tax Information
City/County: 1
Unit 1 Appliances
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 2000
Baths Full: 1
Beds Total: 1
Efficiency YN: No
SqFt: 455
Unit 1 Lease Description
Occupant Type: Vacant
Unit 1 Other Equipment
Air Conditioning Unit: 1
Washer/Dryer Hookups: 1
Unit 1 Parking Features
On Street: 1
Price Calculations
Current Price To SqFt: 728.84
Section Details
Parcel Number MLX: 3520
Status Change Information
Major Change Timestamp: 2026-11-10T19:15:34Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-10T19:15:34Z
Status Change Date: 2026-08-21
Originating Details
Originating System Key: 557722236
Originating System ID: M00000151
Property Features
Documents Available: Existing Survey; Financial Statement; Other Available Information
Flooring: Tile
Property Condition: Under Construction
Structure Type: Multi Family
Cooling: Electric
Heating: Central; Separate Meters
Listing Terms: Cash; Conventional; Other
Possession: Close Of Escrow
Roof: Concrete
Sewer: Public Sewer
Tax Information: City/County
Utilities: Cable Available
Showing Requirements: 24 Hour Notice; Call Listing Agent
Unit 1 Appliances: Dryer; Microwave; Refrigerator; Washer
Unit 1 Other Equipment: Air Conditioning Unit; Washer/Dryer Hookups
Unit 1 Parking Features: On Street
Listing Office: Real Estate Sales Force

Last Updated: November - 10 - 2026
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