1648 SW 7th St

$2,495,000

0 Bed 0 Bath 6,014 sqft
1648 SW 7th St Little Havana

39

Home61's Closings in

Little Havana

Amenities

Air Conditioning
Central Heat
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Doorman
N/A
Valet
N/A
Gym
N/A
Impact Windows
N/A

Key features

Living area
6,014 sqft
Maintenance
$ 0
Tax
$34,120 (2023)
Tenant Occupied
No
Parking Space
0
Floor #
0 / 2
Building
MANLEYS
On market
54 days
$ /sqft
$ 415
Type
apartment
Unit
-
Year Built
1924
Zip Code
33135
Ref./MLS ID
A11684376

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!


Data is provided by Miami Board of Realtors.

Public transportation

SW 17 Av & SW 8 St
17
0 mins
SW 7 St & SW 17 Av
207
8
1 mins
SW 8 St & SW 17 Av
208
8
1 mins
SW 7 St & SW 16 Av
207
8
1 mins

Nearby School In Little Havana

Data Provided by greatschools.org

RATING
Name
GRADE
DISTANCE
1
Alpha Charter Of Excellence
K-5
0.5 miles
10
Young Womens Preparatory Academy
6-12
0.7 miles
4
Riverside Elementary Community School
PK-5
0.6 miles
4
Mater East Academy Middle School
6-8
0.8 miles
Listed on November 01, 2024 by John Verea from FI Real Estate Brokerage LLC, this apartment is for sale. apartment for sale in Little Havana listed at $2,495,000, Reference A11684376

The multiple listing information is provided by Miami Board of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2024 Miami Board of Realtors®. All Rights Reserved.
The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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.