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About This Home
This 16-bedroom, 13-bathroom multi-family at 1535 SW 2nd St in Miami, FL is listed for $1,290,000 ($405 per sqft). Built in 1922, the home offers 3,188 sqft of living space on a N/A lot.
This income-producing property is currently operating as a successful hostel / short-term rental, with total of 50 beds. The property is configured into three units plus an efficiency-style, offering exceptional flexibility and strong income potential.
Unit breakdown: Unit 1: 6 bedrooms / 3 full bathrooms Unit 2: 4 bedrooms / 4 full bathrooms Unit 3: 3 bedrooms / 3.5 bathrooms efficiency-style 3 bedrooms and 2 bathrooms. Located in the desirable and vibrant Little Havana neighborhood, this property is ideal for investors looking to continue a short-term rental business (Airbnb/Booking) or for buyers seeking a multifamily rental opportunity.
Proven layout for high occupancy and multiple income streams. Close to dining, shopping, major roads, and downtown Miami. A rare opportunity to acquire a turn-key investment property in one of Miami's most sought-after areas.
Key Features
- Built in 1922
- 3 parking spaces
Property Details
Monthly Cost Estimate
$6,899/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1535 SW 2nd St
Miami, FL 33135
Lawrence Estates Land Cos
Property Details
Flooring
Construction
Cooling
Questions & Answers
This 16-bedroom, 13-bathroom multi-family at 1535 SW 2nd St is listed at $1,290,000 ($405/sqft). The estimated monthly payment is $5,590 based on 20% down at 6.5% interest.
Key features include: Built in 1922, 3 parking spaces.
This property is listed by Poliana Coelho and can be reached at 7863617289 or pollycoelhorealty@gmail.com.