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2 NE 45th St, Miami, FL, 33137

4beds
2baths
1,664sqft
$1,195,000
$718price/sqft
$7,149/moest. monthly cost
$285,960/yrincome needed

About This Home

Investors or for a living on it! Located on a 5,000 SF lot in the highly desirable Buena Vista Historic District, this remodeled duplex offers immediate cash flow and long-term upside. Each unit features 2 bedrooms and 1 bathroom with private entrances. Unit 1 is rented at $2,450/month and Unit 2 at $2,550/month, providing strong rental income from day one. The property also includes a shared laundry room and ample open parking for two vehicles. Set on a quiet residential street just minutes from Wynwood Design District, Midtown, and Brickell, this property benefits from proximity to Miami’s most vibrant neighborhoods. Zoned T3-O, it presents excellent potential for redevelopment or future appreciation in a rapidly growing area. Ideal for investors seeking stable income. A rare opportunity in a prime location. don’t miss it!

Getting Around

89
WalkingVery Walkable
52
TransitGood Transit
75
BikeVery Bikeable

Schools

Construction

Condition

  • Year built: 1952

Materials

  • Roof: Barrel Roof
  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,784
  • Total interior livable area: 1,664 sqft

Property

Details

  • Parcel number: 0131240240090
  • Zoning: 5700

Features

  • Stories: 1

Lot

  • Features: Less Than 1/4 Acre Lot

Parking

  • Total spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Heat Wave
Lightning
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,042$72,504
Home Insurance *$104$1,248
Property Taxes $806$9,672
Electricity $197$2,366
Total$7,149$85,788
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$245,108/yr
40% on housing$214,470/yr
45% on housing$190,640/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$718This listing

vs Other Active Listings

Avg $/sqft

ZIP 33137$893
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33137$949
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-22Price change$1,195,000
2026-03-31Listed for sale$1,250,000
2026-01-27Listing removed$1,275,000
2025-03-28Price change$1,275,000
2025-02-03Listed for sale$1,375,000
2019-02-03Listing removed$659,900
2018-11-18Price change$659,900
2017-10-30Price change$624,999
2017-09-14Listed for sale$689,000
2017-08-16Sold$391,400
2006-04-19Sold$393,400
2004-05-12Sold$195,300

For Sale by Agent

AgentLucia Hermoso
BrokerageColdwell Banker Realty

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