Basic Information

  • MLS # A11630870
  • Type Commercial
  • Style Multi Family
  • Status Active
  • Subdivision/Complex
  • Year Built 1924
  • Total Sqft 5,000
  • Date Listed 07/27/2024
  • Days on Market 43
Description

Investors 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 washerdryer, 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 Ochos renowned eateries, shopping, nightclubs, and rich cultural heritage, this property is a gem!

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Parking Spaces 0
  • Parking Description

Interior Features

  • Adjusted Sqft 5,000
  • Floor Description Other
  • Sqft 5,000

Property Features

  • Address 1648 S W7th St
  • Aprox. Lot Size 5,000
  • City Miami
  • Construction Materials Block
  • County Miami-Dade County
  • Furnished Info No
  • Levels Two
  • Occupant Type CallAgent
  • Possession Closing Funding
  • Postal City Miami
  • Public Survey Section Two
  • Public Survey Township 1
  • Short Sale Regular Sale
  • Stories 2
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $35,542
  • Tax Information 2 54 41 MANLEYS RESUB PB 9-47 E12 LOTS 5-6-7-8 LOT SIZE 50.000 X 100 OR 25059-063025294-0624 1006 2
  • Tax Year 0
  • Type of Property Multi Family
  • Year Built Details Resale

1648 SW 7th St

Miami, FL 33135

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