1553 Sw 2nd St, Miami, FL 33135

Property Description

Situated on SW 2nd Street in the heart of East Little Havana, this 2009- construction apartment building consists of 21 residential units totaling 22,336 SF on a 15,000 SF lot, offering turn-key in-place income and significant long-term investment potential in one of Miami's most strategically positioned urban submarkets. East Little Havana continues to experience substantial growth due to its central location and connectivity to Miami's major employment and lifestyle centers, including Downtown Miami, Brickell, the Health District, and Miami International Airport. The property benefits from direct access via HWY 836, a location just one block from loanDepot Park, and proximity to Calle Ocho, one of Miami's most recognized cultural corridors. Constructed in 2009, the asset is a genuinely turn-key offering that spares an investor the major capital projects typical of older Little Havana stock. Each of the 21 one-bedroom units features 1.5 baths, loft-style layouts, central A/C, and an in-unit washer/dryer, with gated on-site ground-floor parking and the option to sub-meter individual water meters. With strong in-place rents and a clear mark-to-market runway, this building represents a durable income-producing asset with meaningful rent upside.