Property Description

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!

Features
: Other
Address Map
FL
Miami-Dade County
Miami
33135
1648 SW 7th St
0
W81° 46' 39.9''
N25° 45' 58.6''
MLS Addon
FI Real Estate Brokerage LLC
John Verea
34
3255545
FIEB01
1
: Sale
2
$35,542
6101

Commercial Sale For Sale

1648 SW 7th St, Miami, Florida 33135

5,000 Sqft
$2,925,000
Listing ID #A11630870
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : A11630870
Price : $2,925,000
Year Built : 1924
Lot Area : 5,000 Sqft
Building Area : 6,014 Sqft
Status : Active
Property SubType : Income/multifamily
Agent info
Daniel Lombardi
Contact Agent
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