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Map
$1,179,604*
●
Multifamily -
Off Market
850 NW 2nd St
Miami, FL 33128
Studio
0 Bath
5314 Sqft
$990,000 - $1,210,000
Reference Base Price*
7.24%
Since Mar 1, 2023
FL-Miami
Primary Model
About This Property
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
The manager has listed the unit size as 5314 square feet.
The manager has listed the unit size as 5314 square feet.
Unit Size
5,314Ft²
Days on Market
-
Land Size
-
Price per sqft
$207
Property Type
Multifamily
Property Taxes
$1,072
HOA Dues
-
Year Built
1918
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2023 | Sold | $1,110,000 | |
| Sold | |||
| Feb 5, 2023 | No longer available | - | |
| No longer available | |||
| Nov 22, 2022 | In contract | - | |
| In contract | |||
| Oct 29, 2022 | Listed | $1,100,000 | |
| Listed | |||
Property Highlights
Air Conditioning
850 NW 2nd St
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Multifamily
Stu
-
2,604 ft²
$355/ft²
$925,000
Jan 30, 2023
$925,000
Jul 10, 2023
$644/mo
Multifamily
Stu
-
2,300 ft²
$457/ft²
$1,050,000
Oct 5, 2023
$1,050,000
Feb 5, 2024
$376/mo
Multifamily
Stu
-
1,409 ft²
$639/ft²
$900,000
Sep 13, 2023
$900,000
Jan 31, 2024
$574/mo
Condo
1
Bed
2
Baths
1,254 ft²
$678/ft²
$850,000
Mar 13, 2023
$850,000
Oct 2, 2023
$2,538/mo
Condo
1
Bed
2
Baths
1,022 ft²
$910/ft²
$930,000
Jan 16, 2024
$930,000
Feb 15, 2024
$1,122/mo
Condo
1
Bed
2
Baths
829 ft²
$1,086/ft²
$900,000
Jun 24, 2023
$900,000
Nov 9, 2023
$1,897/mo
Active
Multifamily
Stu
-
2,380 ft²
$462/ft²
$1,100,000
Feb 20, 2024
-
$1,095/mo
Active
Multifamily
Stu
-
1,880 ft²
$531/ft²
$999,000
Feb 13, 2024
-
$553/mo
Active
Multifamily
Stu
-
1,745 ft²
$664/ft²
$1,159,000
Jan 4, 2024
-
$594/mo
Active
Multifamily
Stu
-
2,046 ft²
$610/ft²
$1,249,000
Nov 20, 2023
-
$522/mo
In Contract
Other
Loft
-
4,154 ft²
$240/ft²
$995,000
Dec 19, 2023
-
$1,078/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
10/29/2022
|
|
Studio
|
-
|
5314 ft²
|
$1,100,000
Studio
-
5314 ft²
|
-
-
|
-
|
Miguel Fuentes
Fausto Commercial Realty Consultants Inc
|
Building Info
850 Northwest 2nd Street
850 Northwest 2nd Street, Miami, FL 33128
- 1 Unit for Sale
