Miami, FL 33135,1648 SW 7th St
Miami, FL 33135,1648 SW 7th St
Miami, FL 33135,1648 SW 7th St
Miami, FL 33135,1648 SW 7th St
Miami, FL 33135,1648 SW 7th St
Miami, FL 33135,1648 SW 7th St
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$ 2,725,000
Est. payment | /mo

6,014 SqFt


$ 2,725,000
Est. payment | /mo

6,014 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 6,014 sqft

Price per Sqft $453

Subdivision Manleys

MLS Listing ID A11684376

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1924

Annual Tax Amount $34,120

Tax Year 2023

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!

Location

State FL

County Miami-dade

Community Manleys

Area 41

Interior

Heating Central

Cooling Central Air

Flooring Other

Exterior

Pool None

Utilities Available Cable Available

Waterfront No

Roof Type Flat

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 01-41-02-012-0050

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by FI Real Estate Brokerage LLC
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1648 SW 7th St