1037 NW 2nd Street
Miami, FL, 33128
$3,775,000
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. 2026 New Construction – Asking Rents for Studio ($1,800) 2/1($2,500)- Annual $15,000 Ins premium. Day-to-day operational overhead isremarkably lean—with minimal costs allocated for garbage collection($3,000/yr), lawn care ($960/yr), Cap Exp ($780/yr), and common areautilities like electricity ($700/year), water/sewer ($575/yr)
Current real estate data for Commercial in Miami as of Nov 06, 2026
445
Commercial Listed
207
Avg DOM
$3,517,788
Avg List Price
Listing Provided Courtesy of LUXE Capital Advisors at 305-809-7650
Property Details
Price:
$3,775,000
MLS #:
A12002015
Status:
Pending
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Subdivision:
Miami
Neighborhood:
2410
Listed Date:
Apr 1, 2026
Total Sq Ft:
6,098
Lot Size:
304,920,000 sqft / 0.16 acres (approx)
Year Built:
2026
Schools
Interior
Cooling
Central Individual
Heating
Electric
Exterior
New Construction YN
1
Parking Features
Assigned, Covered
Parking Spots
6
Parking Total
6
Financial
Map
Contact Us
Mortgage Calculator
Community
- Address1037 NW 2nd Street Miami FL
- CityMiami
- CountyMiami-Dade
- Zip Code33128
Property Summary
- 1037 NW 2nd Street Miami FL is a Commercial for sale in Miami, FL, 33128. It is listed for $3,775,000 To schedule a showing of MLS#a12002015 at 1037 NW 2nd Street in Miami, FL, contact your Trust House Realty agent at 9543362003.
Similar Listings Nearby

1037 NW 2nd Street
Miami, FL


