1648 SW 7th St, Miami, 33135

  • $2,925,000

Listing UP for Sale

Miami

Overview

Property ID: A11624304
  • Property Type
  • Quadruplex
  • 6014
  • sqft
  • 1924
  • Year Built

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 $20,000 per month in rental income, 6 units are leased long-term, and 2 are fully furnished for Airbnb tenants. 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!

  • Address 1648 SW 7th St
  • City Miami
  • State/county Florida
  • Zip/Postal Code 33135
  • Area Miami-dade County

Details

Updated on July 26, 2024 at 12:16 pm
  • Property ID: A11624304
  • Price: $2,925,000
  • Property Size: 6014 sqft
  • Year Built: 1924
  • Property Type: Quadruplex
  • Property Status: Listing UP for Sale

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John Verea
  • John Verea