NOT LISTED FOR SALE

850 NW 2nd St Miami, FL 33128

Riverside Neighborhood
-- Bed
-- Bath
5,314 Sq Ft
1918 Built

Last Sold February 02, 2023

Last sale price $1,110,000 $209 Per Sq Ft

24 Days on Market

Highlights

  • No HOA
  • Vinyl Flooring
  • 2-minute walk to Henderson Park
  • Central Heating and Cooling System

About This Home

As of February 2023

Fausto Commercial presents a great opportunity to invest in East Little Havana. This property is in a very desirable pocket of Little Havana, Riverview. Area is surrounded by future developments sites that will modernize the area. This property consist of 9 legal units. There is a single family house in the front of the property with 4 bedrooms and 2 bathrooms rented at $3,000 per month, Behind that structure is a two story, block construction, 8 unit building. All units in the rear structure consist of 1 bedroom 1 bathroom units rented below market giving you immediate upside to increase income. It is fully occupied and each unit pays $1150. Great value add opportunity. Total Monthly Gross income $12,200

Last Agent to Sell the Property

Miguel Fuentes

Fausto Commercial Realty Consultants Inc License #3403804 Listed on: 10/28/2022

Co-Listed By

Mauricio Villasuso

Fausto Commercial Realty Consultants Inc License #3254982

Last Buyer's Agent

Ariel Levi

Fausto Commercial Realty Consultants Inc License #3470141

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,868

Year Built

  • Built in 1918

Parking

  • 2 Parking Spaces

Home Design

  • Quadruplex
  • Frame With Stucco
  • Flat Roof with Façade front
  • Shingle Roof

Interior Spaces

  • 5,314 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Brickell Riverview Condos
  • Brickell Riverview Subdivision

Listing and Financial Details

  • Total Actual Rent $150,000
  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 01-41-38-003-3310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,868

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1918
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Co List Office Mls Id: FAUS01
  • Co List Office Phone: 305-431-2258
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: BRICKELL RIVERVIEW
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Vinyl
  • Living Area: 5314
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front, Shingle
  • Construction Type: Frame With Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BRICKELL RIVERVIEW
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-38-003-3310
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12868

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 9
  • Total Actual Rent: 150000

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2023 02/02/23 Sold $1,110,000 +0.9% $209 / Sq Ft
11/21/2022 11/21/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $1,100,000 -- $207 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Miguel Fuentes

    Seller's Agent in 2023

    Miguel Fuentes

    Fausto Commercial Realty Consultants Inc

    (305) 586-1941

    2 in this area

    13 Total Sales

    Miguel Fuentes
    Section Image
  • Mauricio Villasuso

    Seller Co-Listing Agent in 2023

    Mauricio Villasuso

    Fausto Commercial Realty Consultants Inc

    (305) 961-1179

    36 in this area

    86 Total Sales

    Mauricio Villasuso
    Section Image
  • Ariel Levi

    Buyer's Agent in 2023

    Ariel Levi

    Fausto Commercial Realty Consultants Inc

    (305) 961-1179

    1 in this area

    14 Total Sales

    Ariel Levi
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11295079

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami 33128 Riverside

850 NW 2nd St, Miami, FL

This home is located at 850 NW 2nd St, Miami, FL 33128 since 28 October 2022. This property was built in 1918. 850 NW 2nd St is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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