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$1,999,999
New Listing

641 NW 2nd St
Miami, FL 33128

For Sale|Multi Family|Active
0
Beds
0
Total Baths
4,688
SqFt
$427
/SqFt
1972
Built
County:
Miami-Dade
Call Now: 1-561-540-8122
Is this the listing for you? We can help make it yours.
1-561-540-8122
641 NW 2nd St641 NW 2nd St641 NW 2nd St641 NW 2nd St
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Prime Little River investment opportunity offering immediate income, value add potential, and long term redevelopment upside. Six unit multifamily property consisting of all 2 bedroom 1 bathroom units situated on a 7,500 sq ft lot with T6-8-O zoning. The building has been significantly improved with a new roof, updated electrical and plumbing, and completed 40 year recertification, providing a solid, low risk foundation for any investor. Each unit includes assigned parking and there is on site laundry, enhancing tenant retention and operational efficiency. For income focused buyers, this is a stable asset with strong rental demand in a rapidly growing area. For value add investors, there is clear potential to increase rents and further optimize the property. For developers, T6-8-O zoning allows for high density mixed use development up to 8 stories, creating a rare opportunity to build vertically in one of Miami’s fastest evolving corridors. Strategically located minutes from Wynwood, Downtown Miami, the Design District, and major highways. This is not just a property, it is a flexible investment play that works today and scales for the future.

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Listing Snapshot
Price 
$1,999,999
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
4,688 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1722 Acres
Year Built 
1972
MLS® Number 
A11989831
Status 
Active
Property Tax 
$26,931
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
19 hours agoListing first seen on site
23 hours agoListing updated with changes from the MLS®
General Features
Levels 
Two
Number Of Stories 
2
Parking 
Assigned
Property Sub Type 
Multi Family
Security 
Smoke Detector(s)Security Fence
Sewer 
Public Sewer
SqFt Total 
4688
Water Source 
Public
Zoning 
4601
Interior Features
Cooling 
Wall/Window Unit(s)
Flooring 
Laminate
Heating 
Wall Furnace
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Exterior Features
Construction Details 
Block
Roof 
Shingle
Community Features
Financing Terms Available 
CashConventional
MLS Area 
41
Listing courtesy of Avenew Realty Corp

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Neighborhood & Commute
Source: Walkscore
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ALICE LONNQVIST

PHONE: 1-561-540-8122