1648 SW 7th St Miami FL 33135 MLS #A11630870

1648 SW 7th St
Miami, FL, 33135
$2,925,000
Beds
0 Baths
6,014 SqFt
0 Acres
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Investor’s dream in the heart of Historic Little Havana. This 8-unit multifamily property features spacious 2- bedroom, 1-bathroom apartments. Currently generating over $18,000 per month in rental income, all 8 units are leased with vetted and qualified tenants and yearly long-term leases. Immense potential to convert all units into short- term rentals, which will significantly boost rental income. Renovated in 2021, each unit boasts new bathrooms, kitchens with granite countertops, in-unit washer/dryer, AC splits, upgraded plumbing, and electrical panels. The 40-Year Re-Certification is nearing completion, offering peace of mind to the new owner. Just steps from Calle Ocho’s renowned eateries, shopping, nightclubs, and rich cultural heritage, this property is a gem!

Property Details

Price:
$2,925,000
MLS #:
A11630870
Status:
Active
Beds:
0
Baths:
0
Address:
1648 SW 7th St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Jul 26, 2024
State:
FL
Finished Sq Ft:
6,014
Total Sq Ft:
6,014
ZIP:
33135
Year Built:
1924
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