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Lawrence Estate Land Co

$1,550,000

1459 NW 2nd St, Miami, FL 33125

Active
Last Updated: 09/26/2026

4,280 sqft

Building Size

4

Units

Details:
Building Size:    4,280 sqft
Units:    4
Year Built:    1984
Floors:    2
Parking Spots:    5
Gross Leaseable Area:    3,320
Highlights:
  • Lot Features: Less Than 1/4 Acre Lot
  • Documents Available: Deposit - Security, Copy Of Lease(S), Other Available Information, Rent Rolls
  • Architectural Style: Detached
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Tile, Vinyl
  • Construction Materials: Concrete Block Construction
Description:

Great Investors Opportunity to acquire a Multi-family property that combines the character and charm - truly impeccable Co-Living short term Rental and Airbnb = yield 10.5% CAP Rate. Construction is concrete and CMU with impact-rated doors & windows, key-card & code entry, washer and dryer inside unit, newer kitchen, cabinets, floor, Wifi internet included, interior parking, individual water and power meters. Recently renovated with rooftop solar panels covering 60% of electricity used in this fourplex bldg, 1 block off Marlin Park Stadium providing immediate in-place cash flow while preserving future rental upside. Miami-21 new zoning T-5L allowed 16 units project. Call for appointment. Showing instructions 24 hours in advance Mon, Wed & Friday from 9:00 am to 1:00 pm. Do not disturb tenants.

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