Price Check
How this price compares
- List price
- $6,500,000
- Price per sq ft
- $770
- Vs. nearby sales
- 134.8% above
- Days on market
- 40
This multi-family property in Lawrence Estate Land Co is listed at $6,500,000, or $770 per square foot. It has been on the market for 40 days. The 3 most recent multi-family property sales in the closings shown below sold at a median of $328 per square foot, so the asking price is 134.8% above what comparable homes here actually sold for.
Estimated monthly payment
$34,160 /mo
Principal and interest only, based on $1,300,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $6,500,000
- Days on Site
- 40 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 8,438 sqft
- Total Sq Ft
- 8,438 sqft
- Year Built
- 1920
- Property Type
- Multi-Family
- MLS #
- A12075566
- Property Tax
- $64,558 (2025)
- Subdivision
- LAWRENCE ESTATE LAND CO
- County
- Miami Dade
- Status
- Active
About This Property
A Brand-New Trophy Multifamily Asset in the Heart of Little Havana An exceptional opportunity to acquire a completely redeveloped 20-unit multifamily property in one of Miami's fastest-growing neighborhoods. Currently undergoing a comprehensive, top-to-bottom renovation by M. Denis Construction, this former gut renovation is being rebuilt to modern standards and is scheduled for completion in October. Upon delivery, the property will be offered as a virtually brand-new building, combining the character of a classic Little Havana asset with the efficiencies and reliability of new construction. The renovation includes all new building systems and infrastructure, creating a low-maintenance investment with long-term upside. One of the property's most valuable features is that each of the 20 units will have its own dedicated electrical meter and individual water submeter, providing operational efficiency, simplified utility management, and increased investment value. Ideally positioned just minutes from Brickell, Downtown Miami, the Miami River District, Marlins Park, and Miami International Airport, the property benefits from strong rental demand driven by professionals, students, and the continued growth of the surrounding area. Little Havana continues to experience significant investment and redevelopment, making this an outstanding opportunity to own a stabilized, turnkey multifamily asset in one of Miami's most desirable urban markets.
MLS media linkGeneral Features
- Property Type
- Multi-Family
- Status
- Active
- Year Built
- 1920
- Property Condition
- Under Construction
- Number of Stories
- 2
- Living Sq Ft
- 8,438
- Total Sq Ft
- 8,438
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Zoning
- 3900
Interior Features
- Cooling
- Electric
- Heating
- Central / Separate Meters
- Flooring
- Tile
Exterior Features
- Roof
- Concrete
Community & HOA
- Utilities
- Cable Available
- Financing Terms
- Cash / Conventional / Other
- MLS Area
- 2410
Schools
- Elementary School
- Riverside (Miami-Dade)
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
About the Community
Lawrence Estate Land Co is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $675,000 to $5,000,000. Homes were built between 1923 and 1956. Pure Equity lists homes in Lawrence Estate Land Co and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 36
- Under Contract
- 2
- Median List Price
- $1,050,000
- Median $/Sq Ft
- $466
- Avg Days on Market
- 220
Frequently Asked Questions
- How do I schedule a tour of 1020 SW 2nd Street, Miami, FL 33130?
- Use the Tour button on this listing to request a showing of 1020 SW 2nd Street, Miami, FL 33130. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1020 SW 2nd Street, Miami, FL 33130 still available?
- 1020 SW 2nd Street, Miami, FL 33130 is currently listed as Active, and has been on the market 40 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1020 SW 2nd Street, Miami, FL 33130?
- With 20% down ($1,300,000) on the $6,500,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1020 SW 2nd Street, Miami, FL 33130 is about $34,160/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1020 SW 2nd Street, Miami, FL 33130?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1020 SW 2nd Street, Miami, FL 33130. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1020 SW 2nd Street, Miami, FL 33130?
- 1020 SW 2nd Street, Miami, FL 33130 is zoned for Riverside (Miami-Dade) (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1020 SW 2nd Street, Miami, FL 33130?
- Often, yes. The right offer on 1020 SW 2nd Street, Miami, FL 33130 depends on how it's priced against comparable multi-family sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Real Estate Sales Force
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 30, 2026.
$6,500,000
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Listed by Ambarina Pernia Montero, Real Estate Sales Force
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Property Types
Recent Sales
Recently sold homes in Lawrence Estate Land Co
These are the last 6 recorded closings in Lawrence Estate Land Co, with the price each home actually sold for rather than what it was listed at. They closed at a median of $334 per square foot. The most recent closed on September 10, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,870,000
Sold · September 10, 2026
1068 NW 5th Street
0 bed · 0 bath · 4,480 sqft · $417/sqft
$120,000 under the asking price
Sold$550,000
Sold · June 15, 2026
1104 NW 6th Street
3 bed · 2 bath · 1,649 sqft · $334/sqft
$29,900 under the asking price
Sold$1,200,000
Sold · June 11, 2026
414 SW 15th Avenue
0 bed · 0 bath
$100,000 under the asking price
Sold$640,000
Sold · May 15, 2026
1342 NW 1st Street
0 bed · 0 bath · 1,950 sqft · $328/sqft
$10,050 over the asking price
Sold$680,000
Sold · March 4, 2026
1021 NW 4th Street
0 bed · 0 bath · 2,438 sqft · $279/sqft
$165,000 under the asking price
Sold$580,000
Sold · February 3, 2026
627 SW 11th Avenue
3 bed · 2 bath · 1,493 sqft · $388/sqft
$70,000 under the asking price
See every recorded sale in Lawrence Estate Land Co or find out what your Lawrence Estate Land Co home is worth.
