1648 SW 7th St, Miami, FL 33135 | For Sale
1648 SW 7th St, Miami, FL 33135
Property 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!
Commercial Sale Multi Family For Sale located at 1648 SW 7th St Miami FL 33135 in Miami-Dade County referenced as ID MLS # A11630870. 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
Land Lot (Parcel) Details
Construction
- Resale
- Block
- Other
- Apartment
- Multi Family
Property Features
Taxes and Expenses
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
- Financials
- Rent Rolls
- Lease
- Call Agent
- Closing & Funding
Community
Parking
More Details
Flood Zone : X
FEMA Flood Zone Designations: X
Municipal Code: 1
Subdivision Number: 12
Zoning and Legal
Listing History
| Update/Event | Date/Days |
| Published Date: | July 27, 2024 1:51 am |
| On Market Date: | July 26, 2024 |
| Price Change Date Time: | July 26, 2024 5:35 pm |
| Last Important Update Description: | New Listing |
| Date and Time of Last Important Update: | July 27, 2024 1:51 am |
| Status Last Changed: | July 27, 2024 1:51 am |
| Photos Last Modified: | July 27, 2024 6:06 am |
| Last Modified: | August 30, 2024 10:49 am |
| Days on the Market Reference Date: | August 29, 2024 |
| Days on the Market (updated on Last Modified*): | 34 |
| Cumulative Days on the Market (updated on Last Modified**): | 34 |
