Home » Miami » 1050 SW 7th St, Miami, FL 33130 | A11336325

Multi Family For Sale 1050 SW 7th St, Miami, FL 33130

$1,999,999

Property Highlights

Listing ID A11336325 Status of this Listing: Active For Sale Property Type Commercial Sale Multi Family Building Area 4,400 Sqft/408.77 m2 approx. Lot area 6,850 Sqft/636.39 m2 approx. Year Built 1968 Time of this property on Rebonus 674 Day(s)

1050 SW 7th St, Miami, FL 33130

Property Description: In the heart of Little Havana and behind Calle Ocho lies this exceptional 6 unit multifamily income producing cash-cow that also has T5-L zoning allowing for AirBnB licensure and short-term rental. It’s stabilized with great rents. All units are 2 bedroom 1 bath units, w/individual water meters. New mini splits A/C, individual water meters and electric reducing operating expenses. Multifamily has proven to be a COVID and inflation proof investment, and the area continues to see great rent collections. Centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami. With rising population, high demand, it becomes ever more critical to capitalize now on such a unique location. Contact us now!

Commercial Sale Multi Family For Sale located at 1050 SW 7th St Miami FL 33130 in Miami-Dade referenced as ID MLS # A11336325. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Original List Price:$1,999,999

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Structure Type:
  • Apartment

Property Features

Waterfront:No

Taxes and Expenses

Tax Annual Amount:$16,647

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Terms

Occupant Type:
  • Tenant
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0

More Details

Other Information:
Flood ZoneX
FEMA Flood Zone DesignationsX
Municipal Code1
Ref1033028258
Subdivision Number5

Zoning and Legal

Tax Legal Description:LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 BLK 29 LOT SIZE 6850 SQUARE FEET OR 16608-1491 1294 4 COC 25072-0905 09 2006 5
Real Estate Folio Number (Parcel Number):01-41-02-005-4990
Zoning Description:T5-L
Public Survey Township:1
Public Survey Range:41
Public Survey Section:2

Listing History

Update/EventDate/Days
Published Date:February 1, 2023 10:47 am
On Market Date:February 1, 2023
Price Change Date Time:February 1, 2023 10:47 am
Last Important Update Description:New Listing
Date and Time of Last Important Update:February 1, 2023 10:47 am
Status Last Changed:February 1, 2023 10:47 am
Photos Last Modified:February 1, 2023 8:11 pm
Last Modified:November 18, 2024 11:17 pm
Days on the Market Reference Date:November 18, 2024
Days on the Market (updated on Last Modified*):656
Cumulative Days on the Market (updated on Last Modified**):656

Additional Information

Number of Photos:22
Location:,,
Included:,,
Area:41
Automated Valuation Display:Yes
Courtesy of:Fausto Commercial Realty Consultants Inc
Universal Property Id:US-12086-N-0141020054990-R-N

Location

Show Property Address:Yes
Street Name:7th St
Street Number:1050
Street Direction Prefix:SW
Street Address:1050 SW 7th St
City : Miami
State : Florida
Zip Code : 33130
County : Miami-Dade
Full Address:1050 SW 7th St, Miami, FL 33130
Latitude:N25° 45' 59.6''
Longitude:W81° 47' 15.6''

Neighborhood

Postal City:Miami

Property Map