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1037 NW 2nd Street, Miami, FL 33128
Under Contract
162 Days on Market
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$3,775,000

1037 NW 2nd Street

Miami, FL 33128

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

Asking price
$3,775,000
Price per sq ft
N/A
Original price
Unchanged
Days on market
162

This commercial property in ZIP 33128 went under contract with an asking price of $3,775,000. It spent 162 days on the market before going under contract.

0
Bedrooms
0
Bathrooms
0
Living Sq Ft
2026
Year Built

Estimated monthly payment

$19,839 /mo

Principal and interest only, based on $755,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$3,775,000
Days on Site
162 Days
Bedrooms
0
Total Baths
0
Total Sq Ft
6,098 sqft
Lot Size
0.16 Acres
Year Built
2026
Property Type
Commercial
MLS #
A12002015
County
Miami Dade
Status
Under Contract

About This Property

Newly constructed 10-unit multifamily asset in the rapidly growing East Little Havana submarket of Miami.The building features a well-balanced unit mix of FOUR studio apartments and SIX two-bedroom residences, designed to appeal to a wide range of tenants, including young professionals, medical employees, and small families. Each unit includes modern kitchens, stainless steel appliances, porcelain tile flooring, central air conditioning, and an in-unit washer and dryer, providing a contemporary living experience that supports strong tenant demand.Based on current market rents, the property has the potential to generate approximately $22,000 in gross monthly income, or $264,000 annually, representing an estimated capitalization rate of approximately 6 percent. 2026 New Construction - Asking Rents for Studio ($1,800) 2/1($2,500)- Annual $15,000 Ins premium. Day-to-day operational overhead isremarkably lean—with minimal costs allocated for garbage collection($3,000/yr), lawn care ($960/yr), Cap Exp ($780/yr), and common areautilities like electricity ($700/year), water/sewer ($575/yr)

MLS media link

General Features

Property Type
Commercial
Status
Under Contract
Year Built
2026
Property Condition
New Construction
New Construction
Yes
Number of Stories
2
Parking
Assigned / Covered
Lot Size (Acres)
0.16
Total Sq Ft
6,098
Sewer
Public Sewer
Water Source
Public
Zoning
3900

Interior Features

Cooling
Central Air
Heating
Electric

Community & HOA

Financing Terms
Cash / Conventional / Exchange1031 / Other
MLS Area
2410

Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
9,439
Under Contract
1,779
Median List Price
$645,000
Median Sale Price (September)
$592,500
Median $/Sq Ft
$508
Avg Days on Market
143
View all 9,439 homes for sale in Miami →
How do I schedule a tour of 1037 NW 2nd Street, Miami, FL 33128?
Use the Tour button on this listing to request a showing of 1037 NW 2nd Street, Miami, FL 33128. 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 1037 NW 2nd Street, Miami, FL 33128 still available?
1037 NW 2nd Street, Miami, FL 33128 is currently listed as Under Contract, and has been on the market 162 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 1037 NW 2nd Street, Miami, FL 33128?
With 20% down ($755,000) on the $3,775,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1037 NW 2nd Street, Miami, FL 33128 is about $19,839/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 1037 NW 2nd Street, Miami, FL 33128?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1037 NW 2nd Street, Miami, FL 33128. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Can I negotiate the price of 1037 NW 2nd Street, Miami, FL 33128?
Often, yes. The right offer on 1037 NW 2nd Street, Miami, FL 33128 depends on how it's priced against comparable commercial 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 LUXE Capital Advisors

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 June 23, 2026.

$3,775,000

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Listed by Denis S Alvarez, LUXE Capital Advisors

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