Multifamily Property – 13 Rooms in Miami, FL – Short Term Rental Opportunity in Little Havana
Commercial Sale
Category: Multifamily
Price:$1,200,000
Location: Miami, FL
Year Built: 1937
Days on Market: 87
Description:
Located in the heart of Little Havana, just minutes from Brickell, Downtown Miami, and Marlins Park, this 13-room income-producing property offers investors an affordable entry point with multiple upside paths. Currently operating as a rooming house, the property provides steady cash flow and a clear path for conversion back to 10 multifamily units under its existing configuration. At an asking price of $1.2M ($120K per unit prior to conversion), the property represents excellent value whether repositioned as traditional apartments or as a short-term rental asset targeting the area’s strong tourism demand. With close proximity to major employment centers, entertainment hubs, and transit corridors, 1619 SW 2nd Street is perfectly positioned for stable long-term returns and appreciation.
Little Havana short term rental prop with clear path to 10 multifamily units; ideal for value-add or short-term rental near Brickell & Marlins Park.
Listing Code: 1145705394