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1050 SW 7th St
Miami, FL 33130
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Accessible location, central along Calle Ocho arts and entertainment area
- Mixed-use zoning for short term rental, or covered play for future development
Executive Summary
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 Facts
| Price Per Unit | $456,166 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| No. Units | 6 | Building Size | 4,900 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1968 |
| Apartment Style | Low-Rise | ||
| Zoning | T5-L - Mixed use zoning, allows 65 units/acre density, commercial uses | ||
| Price Per Unit | $456,166 CAD |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 4,900 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Zoning | T5-L - Mixed use zoning, allows 65 units/acre density, commercial uses |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
Property Taxes
| Parcel Number | 01-4102-005-4990 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,336,482 CAD |
Property Taxes
Parcel Number
01-4102-005-4990
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,336,482 CAD
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