$1,620,000
SOLD APR 2, 2025

634 SW 2nd St Miami, FL 33130

Riverside Neighborhood
-- Bed
-- Bath
4,336 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$374 Per Sq Ft

6% Below List Price

396 Days on Market

Highlights

  • Green Roof
  • Balcony
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Interior Lot
  • 3-minute walk to General Jose Francisco Morazan Quesada Park

About This Home

As of April 2025

Nestled in East Little Havana, this 6-unit multifamily is blocks away from the Miami River, Downtown, Brickell, Calle 8, the Brightline Station, MDC Campus, traditional and Michelin star restaurants, world class museums, art galleries, live music venues, and the Marlins Stadium. The property features concrete roof deck with pro-graded waterproof membrane installed 2019 (HVHZ rated|10-yrs warranty), interior remodel, tankless water heaters (2019), wall-mounted AC (2020-2021), independent electrical panels/meters, and 50-year Recertification completed (2020). The occupancy rate above 99% for the past 5-yrs offers a steady cash flow on your investment. Rent Rolls, financials and investment pro-forma attached. Cap rate 7.95% @ market rents. Do not disturb tenants. All units rented M2M.

Last Agent to Sell the Property

Yohanna Torres

Innova Real Estate Corp License #3382604

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,110

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 50'x150'
  • Interior Lot

Parking

  • 7 Parking Spaces

Home Design

  • Quadruplex
  • Substantially Remodeled
  • Slab Foundation
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,336 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • Green Roof
  • West of U.S. Route 1

Listing and Financial Details

  • Total Actual Rent $175,864
  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 01-02-02-010-1060

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Riverside, Miami South Condos
  • Riverside, Miami South Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $41,201
  • Net Operating Income $134,663

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,110

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Property Sub Type: Quadruplex
  • Directions: 634 SW 2nd St, Miami, FL 33130. Please use Google Maps.
  • Horses: No
  • Lot Size: 50'x150'
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: RIVERSIDE, MIAMI SOUTH
  • Year Built Details: Effective Year Built
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Spa Yn: No
  • Flooring: Ceramic Floor, Tile
  • Living Area: 4336
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Concrete
  • Exterior Features: Balcony, Exterior Lights
  • Construction Type: CBS Construction, Slab Construction, Stucco
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Interior Lot, West Of US 1
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVERSIDE, MIAMI SOUTH
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Green Building Features: Laundry Facility
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-02-02-010-1060
  • Zoning: T4-R
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Roof, Water Heater

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 134663
  • Number Of Units In Community: 4
  • Number Of Units Total: 6
  • Annual Operating Expense: 41201
  • Total Actual Rent: 175864

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17110

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2025 04/02/25 Sold $1,620,000 -4.1% $374 / Sq Ft
08/14/2024 08/14/24 Price Changed $1,690,000 -2.3% $390 / Sq Ft
03/01/2024 03/01/24 For Sale $1,729,990 -- $399 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11542257

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33130 Riverside

634 SW 2nd St, Miami, FL

Homes for Sale in Miami, FL

This home is located at 634 SW 2nd St, Miami, FL 33130 and is currently priced at $1,620,000, approximately $373 per square foot. This property was built in 1970. 634 SW 2nd St is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.