305-609-4190
1228-1250 SW 2nd St, Miami FL 33135
Active Quadruplex

1228-1250 SW 2nd St, Miami FL 33135

Miami, FL, 33135

$3,895,000

Est. $19,695/mo (20% down)

—
Beds
—
Baths
6,000
Sq Ft
1937
Year Built
—
Lot Sq Ft
—
Garage

Photo Gallery (18 photos)

About This Property

3 contiguous buildings for sale, total lot size over 23k sq ft (each lot is over 7k sq ft), 8 units taking in over $20k per month and can increase rents. Opportunity to build a new multi family, great covered land play earning income while planning and design. Over 210 feet of frontage!

Property Details

MLS #

A12099647

Status

Active

Property Type

Residential Income

Sub Type

Quadruplex

Year Built

1937

Stories

2

Pool

No

Waterfront

No

Price / Sq Ft

$649

HOA Fee

None

Est. Insurance

$1,298/mo

Tax Year

2025

Tax Amount

$12,942

Garage

—

Lot Size

—

MLS Area

Lawrence Estates Land Cos

Subdivision

LAWRENCE ESTATES LAND COS

Mortgage Calculator

Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$27,265
Est. Monthly Rent
1.3%
Cap Rate
6.3%
Cash-on-Cash
$49,373
Net Operating Income

ROI Projections (4% Annual Appreciation)

140%
5-Year ROI
Value: $4,738,863
304%
10-Year ROI
Value: $5,765,551
496%
15-Year ROI
Value: $7,014,675

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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