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1535 SW 2nd St
Multi-Family
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$1,290,000

$405/sqft

1535 SW 2nd St, Miami

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13 bd·11 ba·3,188 sqft
Built 1922Little Havana

1535 SW 2nd St, Miami, FL

13 bd · 11 ba · 3,188 sqft Multi-Family listed at $1,290,000, built in 1922 in the Little Havana neighborhood.

About this home

Property was remodeled after last purchase, this income-producing property is currently operating as a successful hostel / short-term rental, with total of 43 bes. The property is configured into three units, offering exceptional flexibility and strong income potential. Last month sales (November) was $22,691.96. Unit breakdown: Unit 1: 6 bedrooms / 3 full bathrooms Unit 2: 4 bedrooms / 4 full bathrooms Unit 3: 3 bedrooms / 3.5 bathrooms Located in the desirable and vibrant Little Havana neighborhood, this property is ideal for investors looking to continue a short-term rental business (Airbnb/Booking) or for buyers seeking a multifamily rental opportunity. Proven layout for high occupancy and multiple income streams. Close to dining, shopping, major roads, and downtown Miami. A rare opportunity to acquire a turn-key investment property in one of Miami's most sought-after areas.

Property details

Price
$1,290,000
Bedrooms
13
Bathrooms
11
Interior
3,188 sqft
Price / sqft
$405
Year built
1922
Type
Multi-Family
Days on market
130
Est. property tax
$11,094/yr · $925/mo · 0.86% FL avg
Last sold
$895,000 · May 2023
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Estimated monthly payment

Down payment20% ($258,000)
Interest rate6.75%
Principal & Interest$6,694
Property Tax$1,183
Insurance$150
Total$8,026/mo

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Price history

$1.38M$830K$278K$475K on Jan 18 (Initial list)$430K on Jan 18 (Price change)$399K on Feb 18 (Price change)$370K on Apr 18 (Sold)$1.15M on Aug 22 (Initial list)$1.10M on Sep 22 (Price change)$995K on Oct 22 (Price change)$995K on Jan 23 (Price change)$895K on Feb 23 (Initial list)$895K on Feb 23 (Initial list)$895K on Feb 23 (Price change)$895K on Apr 23 (Sold)$1.29M on Dec 25 (Initial list)
$475K · Jan 18$1.29M · Dec 25
  1. Dec 16, 2025$1,290,000Initial list price
  2. Apr 25, 2023$895,000Sold
  3. Feb 14, 2023$895,000Price change
  4. Feb 1, 2023$895,000Initial list price
  5. Feb 1, 2023$895,000Initial list price
  6. Jan 6, 2023$995,000Price change
  7. Oct 24, 2022$995,000Price change
  8. Sep 28, 2022$1,100,000Price change
  9. Aug 5, 2022$1,150,000Initial list price
  10. Apr 30, 2018$370,000Sold
  11. Feb 16, 2018$399,000Price change
  12. Jan 26, 2018$429,900Price change
  13. Jan 9, 2018$475,000Initial list price

Location

This home is located in Miami, FL, in the South Florida area. Browse more Miami listings on the Miami market page or explore the full Miami market report.

Location

Map of 1535 SW 2nd St, Miami
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Home Intelligence

Neighborhood (zip 33135)

This neighborhood is primarily renter-occupied (21% owner-occupied). Median age is 45.0; 14% hold a bachelor's degree; median household income is $35,185.

Median income
$35,185
Median age
45.0
Owner-occupied
21.0%
Bachelor's degree
14.1%
Census median home value
$367,100

Source: US Census Bureau American Community Survey 5-year estimates.

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