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!
Property Details
Price:
$1,999,999
MLS #:
A11336325
Status:
Active
Beds:
0
Baths:
0
Address:
1050 SW 7th St
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami
Listed Date:
Feb 1, 2023
State:
FL
Finished Sq Ft:
4,400
ZIP:
33130
Year Built:
1968
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Schools
Interior
Exterior
Financial
Buyer Agent Compensation
3.0%%
Taxes
$16,647
Map
Community
- Address1050 SW 7th St Miami FL
- CityMiami
- CountyMiami-Dade County
- Zip Code33130
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Courtesy of Fausto Commercial Realty Consultants Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Miami, FL. Detailed information about real estate listings held by brokerage firms other than Century 21 Carioti include the name of the listing broker. Neither the listing company nor Century 21 Carioti shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. Miami, FL. All rights reserved.
1050 SW 7th St
Miami, FL
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