1050 SOUTH WEST 7TH ST, Miami
$1,999,999 USD
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| Address | 1050 SOUTH WEST 7TH ST, Miami |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Price | $1,999,999 |
| Property Status | Active |
| MLS Number | A11336325 |
| Property Size | 6850 |
| Lot Size | 6850 |
| Year Built | 1968 |
| Folio Number | 01-41-02-005-4990 |
| Zoning Information | T5-L |
| Days on Market | 956 |
Detailed 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!
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33130 |
| Address | 1050 SOUTH WEST 7TH ST |
| Section | 2 |
| Zip Code (4 Digits) | 3135 |
Financial Information
| Price | $1,999,999 |
| Price per Foot | $0 |
| Folio Number | 01-41-02-005-4990 |
| Tax Amount | $16,647 |
Full Descriptions
| Detailed 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! |
Property parameters
| Living Area | 6850 |
| Lot Size | 6850 |
| Total Acreage | 0.000 |
| Zoning Information | T5-L |
| Maximum Leasable Size | 6850 |
| Year Built | 1968 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments |
| Street Direction | South West |
| Listed with | Fausto Commercial Realty Consultants Inc |