641 NW 2nd Street, Miami, FL 33128

$1,999,999

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12023636

Property Type: Commercial Sale Square Footage: 4,688 Status: Active

Current Price: $1,999,999 List Date: 5/22/2026 Last Modified: 7/02/2026

Overview

Description

Prime Little River investment opportunity offering immediate income, value-add potential, and long-term redevelopment upside. This six-unit multifamily property features all 2-bedroom, 1-bathroom units situated on a 7,500 SF lot with T6-8-O zoning.The property has been significantly upgraded with a new roof, updated electrical and plumbing systems, and completed 40-year recertification, providing a strong, low-risk foundation for investors. Each unit includes assigned parking, and the building offers on-site laundry, enhancing tenant retention and operational efficiency. this asset presents an exceptional opportunity for both cash flow and future appreciation in one of Miami’s fastest-growing area.

Listing Details MLS# A12023636

General Property Information

Number Of Buildings: Yes
Property Sub Type: Multi Family
Number Of Units Total: Yes
Price Per Unit: 333000
Occupant Type: Tenant
Building Area Main: 4688
Year Built: 1972
Lot Size Area: 7500
Lot Size Acres: 0.17
Stories Total: 2

Property Features

Flooring: Laminate Location of Property: In Residential Area Parking Features: Assigned Sale Includes: Building; Land; Leases Source Of Expenses: Books; Owner Provided Construction Materials: CBS Cooling: Wall/Window Unit(s) Listing Terms: Cash; Conventional Security Features: Fire Alarm; Security Fence; Security Gate; Smoke Detector(s) Sewer: Public Sewer Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only

Contract Information

Comp Sale YN: No
Original List Price: 1799999

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 641
Street Direction Prefix: NW
Street Name: 2nd
Street Suffix: Street
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33128
Postal Code +4: 1552
Area: 2410
Parcel Number: 0102000401100
Subdivision Number: 40
Zoning: 4601
Flood Zone: AE
Property Description: 6 unit multifamily zoned T6-8

Financial Information

Tax Legal Description: CITY OF MIAMI SOUTH PB B-41 LOT 14 BLK 4 LOT SIZE 7500 SQUARE FEET OR 17205-2273 0496 1

Status Change Information

Major Change Timestamp: 2026-07-02T08:27:57Z
Major Change Type: Price Change
Price Change Timestamp: 2026-07-02T08:27:57Z
Status Change Date: 2026-05-22

More Information

Building and Property Details

# Of Toilets: 6
Improvement Height: 6-9 Stories

Meter Information

Number Of Meters Total: 6

Description of Unit Type 1

Unit Type: 2 Bedroom
Units Total: 6

Price Calculations

Current Price To SqFt: 426.62

Section Details

Parcel Number MLX: 1100

Originating Details

Originating System Key: 487042448
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Laminate: Yes

Parking Features

Assigned: Yes

Location of Property

In Residential Area: Yes

Sewer

Public Sewer: Yes

Sale Includes

Building: Yes
Land: Yes
Leases: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Fire Alarm: Yes
Security Fence: Yes
Security Gate: Yes
Smoke Detector(s): Yes

Water Source

Public: Yes

Source Of Expenses

Books: Yes
Owner Provided: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes

Listing Office: Avenew Realty Corp

Last Updated: July - 02 - 2026

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641 NW 2nd Street, Miami, FL 33128 (MLS# A12023636)