For Sale

1050 SW 7th St

Miami, FL 33130

$1,999,999

Highlights

  • 4,900 SF building on a 6,970 SF lot
  • 6 units
  • Built in 1968
  • Asking $408/SF

Property facts

Price
$1,999,999
Price per SF
$408/SF
Property type
Multi-family
Building size
4,900 SF
Lot size
6,970 SF
Year built
1968
Units
6

About this property

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!

From the listing broker.

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