$3,700,000
Sold · August 22, 2025
1362 SW 2nd Street
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $3,700,000
- Vs. list price
- 5.1% under
- Days on market
- 7
- Price per sq ft
- $461
This multi-family property in Lawrence Estates Land Cos sold for $3,700,000 on August 22, 2025. That was 5.1% below its final list price of $3,900,000. It spent 7 days on the market.
Listing Snapshot
- Sold Price
- $3,700,000
- Sold On
- August 22, 2025
- Days on Site
- 7 Days
- Bedrooms
- 0
- Total Baths
- 0
- Living Area
- 8,019 sqft
- Total Sq Ft
- 8,019 sqft
- Year Built
- 1914
- Property Type
- Multi-Family
- MLS #
- A11793460
- Property Tax
- $47,732 (2024)
- Subdivision
- LAWRENCE ESTATES LAND COS
- County
- Miami Dade
- Status
- Sold
About This Property
High-performing 20-unit multifamily asset in the heart of Little Havana generating $339,480 in gross annual rent & $227,776 in NOI. Strong in-place income with plenty of upside—current rents are below Section 8 levels, offering immediate value-add potential through rental increases. Other features: newer roofs, upgraded PVC plumbing, & a history of consistent 100% occupancy. Unit mix: (1) 1-bed/2-bath, (14) 1-bed/1-bath, (4) 2-bed/1-bath, & (1) 2-bed/2-bath. Priced at just $195,000 per unit—rare for Little Havana with this level of stabilized income. 40-Year Recertifications have been completed. Attachments include the current rent roll, 2024 operating statement, & certification reports. Freddie Mac loan is assumable with a 3.83% interest rate, approx. $1,735,000 balance, & 2030 maturity.
Virtual TourGeneral Features
- Property Type
- Multi-Family
- Status
- Sold
- Year Built
- 1914
- Property Condition
- Resale
- Number of Stories
- 1
- Living Sq Ft
- 8,019
- Total Sq Ft
- 8,019
- Structure Type
- Multi Family
- Sewer
- Public Sewer
- Zoning
- 3901
Interior Features
- Cooling
- Wall Window Units
- Heating
- Central / Separate Meters
- Flooring
- Laminate
Exterior Features
- Construction
- Block
- Roof
- Barrel / Flat
- Lot Features
- Quarter To Half Acre Lot
Community & HOA
- Utilities
- Cable Available / Natural Gas Available
- Financing Terms
- Cash / Conventional
- MLS Area
- 2410
About the Community
- Homes for Sale
- 19
- Median List Price
- $1,430,000
- Median $/Sq Ft
- $507
- Avg Days on Market
- 101
Frequently Asked Questions
- How do I schedule a tour of 1362 SW 2nd Street, Miami, FL 33135?
- Use the Tour button on this listing to request a showing of 1362 SW 2nd Street, Miami, FL 33135. 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 1362 SW 2nd Street, Miami, FL 33135 still available?
- 1362 SW 2nd Street, Miami, FL 33135 is currently listed as Sold, and has been on the market 7 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 1362 SW 2nd Street, Miami, FL 33135?
- With 20% down ($780,000) on the $3,900,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1362 SW 2nd Street, Miami, FL 33135 is about $20,496/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 1362 SW 2nd Street, Miami, FL 33135?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1362 SW 2nd Street, Miami, FL 33135. 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 1362 SW 2nd Street, Miami, FL 33135?
- Often, yes. The right offer on 1362 SW 2nd Street, Miami, FL 33135 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 BHHS EWM Realty
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 July 1, 2026.
$3,700,000
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Listed by Oscar J Arellano, BHHS EWM Realty
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Recent Sales
Recently sold homes in Lawrence Estates Land Cos
These are the last 6 recorded closings in Lawrence Estates Land Cos, with the price each home actually sold for rather than what it was listed at. They closed at a median of $342 per square foot. The most recent closed on August 13, 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$500,000
Sold · August 13, 2026
329 SW 15th Avenue
3 bed · 1 bath · 804 sqft · $622/sqft
$5,000 over the asking price
Sold$445,000
Sold · June 30, 2026
1656 NW 1st Street
3 bed · 2 bath · 1,300 sqft · $342/sqft
$6,000 under the asking price
Sold$1,025,000
Sold · June 18, 2026
432 NW 12th Avenue
0 bed · 0 bath
$475,000 under the asking price
Sold$451,000
Sold · June 17, 2026
1658 NW 1st Street A
3 bed · 2 bath · 1,300 sqft · $347/sqft
Sold$725,000
Sold · March 24, 2026
1334 SW 4th Street
0 bed · 0 bath · 2,651 sqft · $273/sqft
$75,000 under the asking price
Sold$1,100,000
Sold · March 16, 2026
327 SW 13th Avenue
0 bed · 0 bath · 3,381 sqft · $325/sqft
$150,000 under the asking price
See every recorded sale in Lawrence Estates Land Cos or find out what your Lawrence Estates Land Cos home is worth.
