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Listed price in listed location currency (USD).
$1,999,999

000

MLS® A11989831

Overview

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $26,931
Days Active 0
Approx. Age 1972
MLS® Number A11989831

Property Address: 641 Nw 2nd St, MIAMI, FL, 33128-1552

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberA11989831
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1972
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building & Land, Furniture, Leases, Leases

Price History

-End Date
Not Sold YetSold Price

For Sale

Mar 27, 2026List Date
$1,999,999List Price

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