1050 SW 7th St, Miami, FL 33130

  • $1,999,999
1050 SW 7th St, Miami, FL 33130

Overview

Property ID: HZ5350793
  • CommercialSale
  • Property Type
  • 4400.0
  • Sqft
  • 1968
  • Year Built

Description

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!

  • Address 1050 SW 7th St
  • City Miami
  • State/county FL
  • Zip/Postal Code 33130
  • Country United States

Details

Updated on July 7, 2023 at 10:05 pm
  • Property ID: HZ5350793
  • Price: $1,999,999
  • Property Size: 4400.0 Sqft
  • Land Area: 6850.0 Sqft
  • Year Built: 1968
  • Property Type: CommercialSale
  • Property Status: For Sale
  • MLS#: A11336325
  • Office Name: FAUSTO COMMERCIAL REALTY CONSULTANTS INC
  • Agent Name: Mauricio Villasuso
  • MLS Status: Active

Additional details

  • Tax Annual: 16647
  • County: Miami-Dade County
  • Property SubType: MultiFamily

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Shafique Ahmad
  • Shafique Ahmad