1050 SW 7th St - Apartments FOR SALE


Miami, FL 33130- Little Havana
$1,999,999 USD
305-340-8901
1050 SW 7th St, Miami, FL for Sale
$1,999,999 USD
Apartments - FOR SALE
1/35
null | Request Cap Rate

1050 SW 7th St
Miami, FL 33130
Little Havana


HIGHLIGHTS

  • Accessible location, central along Calle Ocho arts and entertainment area
  • Mixed-use zoning for short term rental, or covered play for future development

OVERVIEW

In the heart of Little Havana and behind Calle Ocho lies this exceptional 6 unit multifamily income producing cash-cow that also has T5-L zoning allowing for AirBnB licensure and short-term rental. It’s stabilized with great rents. All units are 2 bedroom 1 bath units, w/individual water meters. New mini splits A/C, individual water meters and electric reducing operating expenses. Multifamily has proven to be a COVID and inflation proof investment, and the area continues to see great rent collections. Centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami. With rising population, high demand, it becomes ever more critical to capitalize now on such a unique location. Contact us now!

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$408 USD /SF

# OF UNITS

6

PRICE/UNIT

$333,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

T5-L

APN/PARCEL ID

01-4102-005-4990

ASK ABOUT THIS PROPERTY

Mauricio VillasusoFausto Commercial Realty ConsultantsMore Info
305-340-8901

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Mauricio VillasusoFausto Commercial Realty ConsultantsMore Info
305-340-8901

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.