1029 Northwest 2nd Street

Miami, FL 33128

$1,800,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Attention Investors! Discover this centrally located multifamily property,featuring six fully rented units ensuring immediate rental income:four 2 bed/1 bath and two 1 bed/1 bath units. Ideal for investment, this property offers a blend of convenience and potential. One unit has a lease, while the other five are month-to-month. Each unit has its own electric meter and wall unit air conditioners in each apartment. Located close to major highways, Downtown Miami, restaurants, and various shops. Tenants...Attention Investors! Discover this centrally located multifamily property,featuring six fully rented units ensuring immediate rental income:four 2 bed/1 bath and two 1 bed/1 bath units. Ideal for investment, this property offers a blend of convenience and potential. One unit has a lease, while the other five are month-to-month. Each unit has its own electric meter and wall unit air conditioners in each apartment. Located close to major highways, Downtown Miami, restaurants, and various shops. Tenants will appreciate the convenience of nearby amenities. With its excellent location and consistent rental income, this property is perfect for both seasoned and new investors looking to expand their portfolio. Invest in your future with this exceptional multifamily property in the heart of the city.
  1. Listed by Mercedes Saavedra • Edge & Co. Realty, Inc. • 305-962-1702
  2. Listed by Michelle Vazquez • Edge & Co. Realty, Inc.

Property Details for 1029 Northwest 2nd Street

Waterfront
No
Area
41
Auction
No
Num Stories
2
Year Built Description
Resale

Location

Listing Courtesy of Edge & Co. Realty, Inc.
Add your commute
LISTING UPDATED: 05/17/2024 07:00 PM

Property Details for 1029 Northwest 2nd Street

StatusActive
MLS #A11589770
Days on Market19
Taxes$15,078 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1971
Lot Size0.16 AC / 7,000 SF
CountyMiami-Dade County

Location

Listing Courtesy of Edge & Co. Realty, Inc.
Add your commute

Building Information for 1029 Northwest 2nd Street

Stories-Residences-Year Built1971Building Size-Lot Size0.16 AC / 7,000 SF

Payment Calculator

$11,080 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$1,257

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1029 Northwest 2nd Street

Location Information
Location Information
  • Parcel Number Free Text: 01-41-02-005-1660
  • Parcel Number MLX: 1660
  • MLS Area: 41
  • Municipal Code: 1
  • Township Range: 41
  • Section: 2
  • Subdivision Number: 5
  • Subdivision Complex Bldg: Lawrence Estate
  • Unit Count: 6
  • Zoning Information: 3900
General Information
General Information
  • Style of Property: Income Non-Waterfront
  • Prop Type-Type of Building: Residential-Multi-Family
Additional Property Information
Utilities
  • Cooling Description: Wall/Window Unit Cooling
  • Water Description: Public Water
Additional Property Information
  • Guest Accommodations: No
  • Tenant Pays: Interior Electric
  • Common Area Maint Includes: Trash Removal, Water
Financial Information
Financial Information
  • Assumable: No
  • Flood Zone: AE
  • Information Available: Aerial Photo(S)

Property History for 1029 Northwest 2nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1029 Northwest 2nd Street

Taxable ValueLand$350,000Additions$682,572Total$1,032,572
Tax Record2023$15,078 ($1,256 / month)
Home Facts
Total Finished SqFt4,164 SqFtAbove Grade Finished SqFt4,164 SqFtStories2Lot Size7,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1971Zoning3900:MULTI-FACountyMIAMI-DADEAPN01-4102-005-1660

Schools near 1029 Northwest 2nd Street

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Riverside Elementary Community School
PublicPK to 5

Jose De Diego Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1029 Northwest 2nd Street is a multi-family home for sale in Miami, FL 33128. This property was listed for sale on May 14, 2024 by Edge & Co. Realty, Inc., it's currently listed at $1,800,000. This listing's school district is Miami-Dade. Nearby schools include Riverside Elementary Community School, Air Base K-8 Center for International Education and Jose De Diego Middle School. 1029 Northwest 2nd Street is a 0-bed, 0-bath, multi-family home built in 1971.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Edge & Co. Realty, Inc.

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.