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$3,775,000
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Property Description
Newly constructed 10-unit multifamily asset in the rapidly growing East Little Havana submarket of Miami. The building features a well-balanced unit mix of FOUR studio apartments and SIX two-bedroom residences, designed to appeal to a wide range of tenants, including young professionals, medical employees, and small families. Each unit includes modern kitchens, stainless steel appliances, porcelain tile flooring, central air conditioning, and an in-unit washer and dryer, providing a contemporary living experience that supports strong tenant demand. Based on current market rents, the property has the potential to generate approximately $22,000 in gross monthly income, or $264,000 annually, representing an estimated capitalization rate of approximately 6 percent.
Full Property Details
Full Property Details for 1037 NW 2nd St
General
- Price: $3,775,000
- Status: Active
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A12002015
- Updated: 4/16/2026
- Added to Site: 22 day(s) ago
Business
- Business Type: Apartments, Residential-Multi-Family
Parking
- Total Spaces: 6
- Parking Features: Assigned, Covered
Location
- County: Miami-Dade County
- Driving Directions: GPS
Community
- Units Assoc/Comm: 10
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Individual A/C
- Heating Type: Central Electric
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Stories/Levels: 3
- Building Size: 6098
- Year Built: 2026
- Property Condition: New Construction
Unit Information
- Units in Complex: 10
Lot Features
- Lot Size (Sq. Ft.): 7,000
- Zoning: 3900
Green Features
- Energy Efficient: Appliances
Financial Considerations
- Terms: All Cash, Conventional/Refinance, Exchange
- Tenant Pays: Electricity, Inside Insurance, Water
Disclosures and Reports
- Special Conditions: Sale
- Legal Description: 2 54 41 PB 2-46 LAWRENCE ESTATE LAND COS SUB LOT 14 LESS S10FT BLK 9 LOT SIZE 7000 SQUARE FEET OR 17959-3679 0198 4
- Inclusions: Leases
- Property ID: 01-41-02-005-1650
Listed by LUXE Capital Advisors
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Schools
Schools serving 1037 NW 2nd St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Riverside Elementary Community School 1190 Southwest 2nd Street, Miami, FL 33130 | PK-5 | 0.3 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2.1 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1037 NW 2nd St
Date
Details
Price
Change
Source
4/01/2026
Listed
$3,775,000
574.11%
MLS
11/27/2023
Sold
$560,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1037 NW 2nd St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,180
12%
$525,627
15%
2024
$9,128
27%
$455,627
30%
2023
$7,208
79%
$350,627
—
2021
$4,029
-44%
$350,627
—
2022
$7,228
79%
$350,627
11%
2021
$4,029
7%
$315,638
180%
2019
$3,755
5%
$112,623
10%
2018
$3,580
18%
$102,385
-58%
2017
$3,039
21%
$245,673
190%
2016
$2,514
15%
$84,617
10%
2015
$2,195
14%
$76,925
10%
2014
$1,926
34%
$69,932
10%
2013
$1,440
—
$63,575
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1037 NW 2nd St
1037 NW 2nd St, Miami, FL 33128 (MLS# A12002015) is a Apartment property. 1037 NW 2nd St is currently listed for $3,775,000 and was received on April 01, 2026. Want to learn more about 1037 NW 2nd St? Do you have questions about finding other Apartment real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

