1648 SW 7th St, Miami, 33135

  • $2,925,000

Listing UP for Sale

Miami

Overview

Property ID: A11630870
  • 5000
  • Lot 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 $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!

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

Details

Updated on August 29, 2024 at 6:16 pm
  • Property ID: A11630870
  • Price: $2,925,000
  • Land Area: 5000 sqft
  • Year Built: 1924
  • Property Status: Listing UP for Sale

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John Verea
  • John Verea