Turn-Key Duplex in the Heart of Little Havana. Well-maintained and fully occupied duplex located in the highly sought-after neighborhood of Little Havana, just minutes from Brickell and Downtown Miami. This two-story property features two spacious 2-bedroom, 1-bath units, each with independent entrances and individual water meters. Tenants pay their own utilities, while the landlord covers only minimal expenses, making this a low-maintenance income-producing asset. Situated on a zoned T4-R lot, the property offers long-term redevelopment upside in one of Miami’s fastest-growing urban cores. With both units rented at $1,850/month, this property delivers immediate cash flow and long-term appreciation potential.
Multi-familyProperty Type
1983Year Built
$585Est. Price/Sq.Ft.
6 spacesParking
Listed by Vicente Rodriguez• Fausto Commercial Realty Consultants Inc
•305-510-6627 (agent)
•vr@faustocommercial.com (agent)
•786-748-7373 (broker)
•cfm@faustocommercial.com (broker)
Bought with Vicente Rodriguez• Fausto Commercial Realty Consultants Inc
Little Havana 2 Story Residential Income Property. Ungraded 2 Units each is 2/1 with washer and dryer for each unit. Unit #1 Rented at $1,000 section 8 lease expires in September 2017. Unit # 2 - Rented at $1,100 expires in July 2017.Tenants pay for all utilities. ACTUAL CAP RATE: 6.24% PRO-FORMA CAP: 8.83%. MARKET Rents are now $1,400+ per month. Expenses $4,901. In front of Riverside Elementary. ZONING TR-4.
Public Records
May 28, 1997
Sold
$99,900
$80/sq ft
Public Records
Apr 26, 1994
Sold
$76,000
$61/sq ft
Public Records
Nov 1, 1983
Sold
$82,000
$66/sq ft
Public Records
Aug 1, 1983
Sold
$28,500
$23/sq ft
Public Records
Feb 1, 1983
Sold
$20,000
$16/sq ft
Public Records
Mar 1, 1978
Sold
$35,000
$28/sq ft
Public Records
Jan 1, 1978
Sold
$20,000
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,951 (+8.5%)
2024
$7,325 (−0.9%)
2023
$7,392 (+52.1%)
$195,000 + $127,632
$322,632
2022
$4,861 (−9.0%)
$195,000 + $127,632
$322,632
2021
$5,340 (−13.4%)
$162,500 + $36,435
$198,935
2020
$6,163 (+1.8%)
$162,500 + $90,515
$253,015
2019
$6,055 (+11.7%)
2018
$5,422 (+70.6%)
$130,000 + $92,577
$222,577
2017
$3,178 (+8.8%)
$130,000 + $92,577
$222,577
2016
$2,921 (−11.2%)
$113,750 + $11,059
$124,809
2015
$3,288 (+6.8%)
$81,250 + $17,779
$99,029
2014
$3,079 (+39.0%)
2013
$2,215 (+16.5%)
2012
$1,900 (+1.4%)
$30,875 + $19,587
$50,462
2011
$1,874
Tax history for 1068 SW 2nd St
Year
Property tax
Land + Additions
Assessment*
2025
$7,951 (+8.5%)
2024
$7,325 (−0.9%)
2023
$7,392 (+52.1%)
$195,000 + $127,632
$322,632
2022
$4,861 (−9.0%)
$195,000 + $127,632
$322,632
2021
$5,340 (−13.4%)
$162,500 + $36,435
$198,935
2020
$6,163 (+1.8%)
$162,500 + $90,515
$253,015
2019
$6,055 (+11.7%)
2018
$5,422 (+70.6%)
$130,000 + $92,577
$222,577
2017
$3,178 (+8.8%)
$130,000 + $92,577
$222,577
2016
$2,921 (−11.2%)
$113,750 + $11,059
$124,809
2015
$3,288 (+6.8%)
$81,250 + $17,779
$99,029
2014
$3,079 (+39.0%)
2013
$2,215 (+16.5%)
2012
$1,900 (+1.4%)
$30,875 + $19,587
$50,462
2011
$1,874
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
3,250 Sq. Ft.
Year renovated
1983
Sq. Ft.
1,250
Year built
1983
Style
Multi-Family (2-4 Unit)
County
Miami-Dade County
APN
0141020053600
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
Property details
Parking
Parking
# of Parking (Total): 6
Interior
Virtual Tour
Interior Features
Flooring: Tile
Exterior
Building Information
Stories: 2
Year Built Details: Resale
Roof Details: Shingle
Construction Details: Block
Land Information
Possible Use: Investment
Lot Information
Lot Features: Less Than Quarter Acre
Zoning Description: 3900
Financial
Tax Information
Annual Tax Amount: $7,325
Tax Year: 2024
Rental Information
Rent Includes: Gardener, Sewer
Utilities
Utility Information
Utilities: Cable Not Available
Sewer: Public Sewer
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Central
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,250
Stories: 2.0
Lot Size: 3,250 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1983
Year Renovated: 1983
County: Miami-Dade County
APN: 0141020053600
Home facts updated by county records on Oct 14, 2026
Around this home
Schools
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
Lifestyle
Provided by Walk Score and Local Logic
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, 29 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)
74
62
76
65
78
69
80
73
86
78
87
80
89
81
90
80
87
78
84
77
80
71
77
68
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 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.
7.3 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$695,000 – $841,000
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