1648 SW 7th St, Miami FL, 33135

Active

1648 SW 7th St

Miami FL, 33135

$2,925,000

$486.37 per sqft

Active

6,014 sqft

Commercial

Built in 1924

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!

A11630870

MLSⓇ ID

July 26, 2024

Listed

August 29, 2024

Updated

Map

1648 SW 7th St
Miami FL, 33135

Interior Features

Total Stories: 2
Floor Description: Other
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.11 Acres

Other Property Details

Taxes: $35,542
Tax Frequency: Annually
Days on Market: 34
Garage: No
Parking Total: 0
View: No
County: Miami-Dade County
Pool: No
Zoning: 6101

Listed by: FI Real Estate Brokerage LLC
Listing Contact: 310-733-8183

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 6:17 PM UTC, 8/29/2024.