Price Reduced 8.44%

$2,495,000 ($414.87 per sqft)

Est. Mortgage $12,616/mo *

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Price History

$2,725,000
10/28/2024

$2,495,000
12/2/2024

1648 SW 7th St, Miami, FL, 33135

1648 SW 7th St, Miami, FL, 33135
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1924

Fourplex

6,014 sqft

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!

Status:

Active

Type:

Multi-family

Zoning:

6101

Subdivision:

MANLEYS

Heating:

Central

Cooling:

Central Air

Est. Taxes:

$34,120

Construction

Block

Utilities

Cable Available

Lot Description:

< 1/4 Acre

Days on Market:

39

Pool:

None

MLS #:

A11684376

Community Info

School Info

Walk Score

Yelp

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Listing courtesy of FI Real Estate Brokerage LLC Phone: 305-677-0125