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
Real Estate Broker
Estimate Payments
Technical Summary
Price | $2,495,000 |
---|---|
Beds | N/A |
Baths | N/A |
Area | 6014 ft² |