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
See this Listing
Mortgage Calculator
Schools
Interior
Flooring
Other
Exterior
Financial
Taxes
$35,542
Map
Community
- Address1648 SW 7th St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33135
Similar Listings Nearby
- 3400 N Ave Miami
Miami, FL$3,800,000
3.35 miles away
- 666 NW 36th St
Miami, FL$3,740,000
3.14 miles away
- 1335 SW 4th St
Miami, FL$3,700,000
0.40 miles away
- 102 NW 22nd Ave
Miami, FL$3,700,000
0.78 miles away
- 3780 NW 52nd St
Hialeah, FL$3,700,000
4.42 miles away
- 2157 NW 23rd Ave
Miami, FL$3,650,000
2.21 miles away
Courtesy of FI Real Estate Brokerage LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than CENTURY 21 Carioti include the name of the listing broker. Neither the listing company nor CENTURY 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
1648 SW 7th St
Miami, FL
LIGHTBOX-IMAGES