5940 SW 2nd St, Miami FL 33144
About this home
Charming 2-bedroom, 1-bath single-family home in the heart of Miami, bordering Coral Gables. Built in 1950 with solid CBS construction, this property features a newer metal roof, tile flooring throughout, and endless potential. Centrally located near shopping, dining, schools, and major highways. Great opportunity for investors or end users looking to personalize a home in a prime location. Adjacent lot to the west of the subject property is owned by Miami-Dade County and may be available for purchase, adding even more potential and appeal. Property is being sold AS-IS.
Features
- First Floor Entry
- Family Room
- Garden
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,933
- HOA
- None
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.