David Ramirez
Income/MultiFamily

Commercial Sale · Income/MultiFamily

$2,350,0005,928 sq ft$396 /sq ft

1563 SW 2nd St, Miami FL 33135, MIAMI, FL, 33135

Active30 days on marketListed Jul 8, 2026MLS #A12049940

About this property

The property at a glance

Doce Tribus Apartments is a 12-unit complex located at 1563 SW 2nd Street in Miami, Florida. The offering consists of a 3-story building constructed in 1925 that has 5,928 SF, sitting on a 7,500 SF (0.17-acre) parcel. The unit mix is comprised of (10) studios and (2) 1-bed/1-bath units, each averaging 494 SF. Doce Tribus residents enjoy spacious studio layouts with wall/window A/C units, and the property is topped by a durable flat roof. Rents at the property currently range from $975 to $1,450, with an average in-place rent of $1,279. Water, sewer, and trash are all included in rent, providing residents with a simplified, all-in living experience while supporting strong tenant retention. The property offers both on-site and street parking. Doce Tribus Apartments is ideally situated in Little Havana, one of Miami’s most culturally vibrant and historically significant neighborhoods. The property benefits from its close proximity to three of South Florida’s largest economic drivers (Miami International Airport, the Health District/Civic Center, and PortMiami), all within a short drive via car or public transportation. This connectivity has placed sustained upward pressure on rental rates and kept vacancy in the submarket virtually nonexistent.

5,928

Building sq ft

$396

Price / sq ft

7,500

Lot sq ft

1925

Year built

1

Building

3901

Zoning

Income/MultiFamily

Property type

Building size5,928 sq ft
Lot size7,500 sq ft
Year built1925
Buildings1
Zoning3901
Business typeApartments
ParkingCommon
CoolingWall/Window Unit(s)
HeatingWall/Window Units
Annual taxes$26,238

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $587,500
Interest rate6.00%
Loan term

Estimated payment

$12,914/mo

Principal & interest$10,567
Property taxes (actual bill)$2,187
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

23,000vehicles / day · 2025Sr-968 / W Flagler S to Sw 17 Av · Traffic count · Florida DOT

What’s nearby

Blue Little HavanaLodging0 mi
Mas por Menos IncRetail0.1 mi
YamboRestaurant0.1 mi
Bite SandwichRestaurant0.1 mi
Delicias en MiamiRestaurant0.1 mi
Navarro Discount Pharmacy (CVS network)Bank0.1 mi
El AtlacatlRestaurant0.2 mi
Thank You MiamiRestaurant0.2 mi
Euro PharmacyBank0.2 mi
Criollo SupermarketGrocery0.2 mi
Fiesta Café ShopRestaurant0.2 mi
Continental National BankBank0.3 mi
Estación del LeónGrocery0.3 mi
Barlington HotelLodging0.3 mi
Rakachaka Grill y MásRestaurant0.3 mi
Skinny LouieRestaurant0.4 mi
El Pub RestaurantRestaurant0.4 mi
Azucar Ice Cream CompanyRestaurant0.4 mi
Old‘s HavanaRestaurant0.4 mi
Alexa's MinimarketGrocery0.4 mi
La Esquina del Pan con BistecGrocery0.4 mi
7-ElevenGrocery0.4 mi
Wet BarRestaurant0.4 mi
La Colada GourmetRestaurant0.4 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

54,255

Population

$39,361

Median income

44

Median age

2

Avg household

$454,868

Median home value

$1,366/mo

Median rent

5,256

Households w/ kids

Consumer profile

NetworkingTop 11%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Party LifeTop 13%

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Wealth SignalingTop 21%

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Hip Hop CultureTop 30%

Dropping the beat and raising the roof, this population enjoys everything hip hop culture has to offer, including music, dance moves, and fashion.

Dance DevotionTop 33%

Some dance for fitness, others for fun, and a few turn it into a profession. No matter how these people groove to the music, their love for dance is what bonds them.

ActivismTop 34%

This population seeks to advocate for a more just world. Common activities include protests, rallies, and spreading awareness to the public about social justice issues.

Recent sales

What actually sold near 1563 SW 2nd St

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

825 SW 13th Ave, Miami FL 33135

$1,287,500

825 SW 13th Ave, Miami FL 33135

Sold Aug 8, 2024

1751 NW 29th St, Miami FL 33142

$1,050,000

1751 NW 29th St, Miami FL 33142

Sold Aug 19, 2024

Nearby listing

$2,200,000

Nearby listing

Sold Aug 20, 2024

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 1563 SW 2nd St — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 1563 SW 2nd St.

See it in person

Schedule a tour

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Listing courtesy of MSP Group, LLC · Demosthenes Mekras PA. MLS #A12049940.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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