1648 SW 7th St, Miami FL 33135

$2,495,000

$414.87/Sq Ft

  • N/A Beds
  • N/A Baths
  • N/A Parking
  • 6014 ft²
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!

Marvel Avellanet
Marvel Avellanet

Real Estate Broker

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Technical Summary
Price$2,495,000
BedsN/A
BathsN/A
Area6014 ft²
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