For sale

$6,500,000

Est. $47,353/mo —

•

8,438

sq ft

1020 SW 2nd St, Miami, FL 33130

About this home

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.

Multi-familyProperty Type

1920Year Built

$770Price/Sq.Ft.

Listed by Ambarina Pernia Montero • Real Estate Sales Force

•786-521-2750 (agent)

•amber@resf.com (agent)

•305-392-1497 (broker)

•J@RESF.COM (broker)

Listing updated: Aug 21, 2026 at 07:01pm

Redfin checked: 2 minutes ago

•Source:MARMLS #A12075566

Payment calculator

$47,353 per month

Principal and interest$35,473

Property taxes

$5,380

HOA dues

Home insurance

$6,500

Utilities

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Open houses

No upcoming open houses.

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Around this home

Schools

K - 12
Preschool & daycare

Riverside Elementary Community School

Public PreK-5 • Assigned • 0.1mi

4/10

Jose De Diego Middle School

Public 6-8 • Assigned • 2.4mi

4/10

Booker T. Washington Senior High School

Public 9-12 • Assigned • 1.1mi

3/10

Provided by GreatSchools

About

Riverside

Riverside, located between the Miami River and Little Havana, is a residential and waterfront Miami neighborhood with low-rise apartments and riverfront parks. The neighborhood’s character concentrates along NW 7th St near the Miami River bridges, where corner cafes, small markets, and marina-side walkways set a steady, urban rhythm. Architectural cues lean mid-century courtyard buildings and newer condo towers facing the water. The Riverside Wharf Miami and Seaspice anchor the riverfront dining scene, while Lummus Park Historic District adds a civic, old-Miami counterpoint. Streets funnel toward Downtown and Brickell, keeping commutes and evenings oriented to the river. Public green space and the Riverwalk support a daily loop of strolling, cycling, and waterfront views.

Provided by Walk Score and Local Logic

Offer insights

1020 SW 2nd St · $6,500,000

Strong offer

$6.35M and above

75% chance or better to win

Why $6.35M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 98 days.

SALE-TO-LIST

Most homes are selling 4% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Interior features
Tile flooring

Bedrooms
1 bedroom

Bathrooms
1 full bathroom

Kitchen
Microwave
Refrigerator

Laundry & utility
Washer
Washer/Dryer hookups
Dryer

Flooring
Tile

Heating & cooling
Central heating
Electric cooling

Sale and tax history for 1020 SW 2nd St

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$55,966 (+29.9%)

$562,500 + $2,237,500

$2,800,000

2024

$43,085 (+20.0%)

$562,500 + $2,237,500

$2,800,000

2023

$35,904 (+4.7%)

2022

$34,278 (+11.0%)

2021

$30,871 (−3.1%)

2020

$31,862 (−0.2%)

$375,000 + $1,135,000

$1,510,000

2019

$31,934 (+5.5%)

$375,000 + $1,121,000

$1,496,000

2018

$30,266 (+38.0%)

$300,000 + $1,145,000

$1,445,000

2017

$21,938 (+7.5%)

$300,000 + $1,145,000

$1,445,000

2016

$20,406 (+6.0%)

$262,500 + $787,500

$1,050,000

2015

$19,245 (+8.8%)

$187,500 + $747,500

$935,000

2014

$17,689 (+0.5%)

2013

$17,602 (+10.5%)

2012

$15,928 (−0.7%)

$71,250 + $633,750

$705,000

2011

$16,036

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

7,500 Sq. Ft.

Year renovated

1960

Finished Sq. Ft.

8,438

Unfinished Sq. Ft.

—

Total Sq. Ft.

8,438

Year built

1920

Style

Multi-Family (5+ Unit)

County

Miami-Dade County

APN

0141020053520

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 14, 2026.

T4-R

General Urban Transect - Restricted Zone

The General Urban Zone consists of a Mixed-Use but primarily residential urban fabric with a range of Building types including rowhouses, small apartment Buildings, and bungalow courts. Setbacks are short with an urban Streetscape of wide Sidewalks and trees in planters. Thoroughfares typically define mediumsized blocks.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units

Climate risks

9/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 103° expected this year, 30 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Miami, FL • 33130

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

80/ 100

Very good sunlight

Sunscore

This home receives average direct sun exposure in Miami. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

7.4 hrs

5.8 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1020 SW 2nd St

$5,635,030

$865K under list price of $6.50M

Nearby comparable homes

The Redfin Estimate uses 5 recent nearby sales, priced between $1.1M to $3.8M.

SOLD AUG 14, 2026
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— beds— baths3,856 sq ft
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— beds— baths2,903 sq ft
1024 SW 13th Ct, Miami, FL 33135
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59 years newer
SOLD NOV 25, 2025
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8 beds8 baths5,249 sq ft
720 SW 5th St, Miami, FL 33130
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2 years newer
SOLD MAY 15, 2026
$3,820,000 Last sold price
4 beds4 baths2,743 sq ft
701 SW 27th Rd, Miami, FL 33129
$623/sq ft
20 years newer
SOLD MAY 13, 2026
$1,897,800 Last sold price
3 beds3.5 baths3,630 sq ft
1755 SW 10th St, Miami, FL 33135
$247/sq ft
4 years newer

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