550 SOUTH WEST 10TH ST, Miami
$2,300,000 USD
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| Address | 550 SOUTH WEST 10TH ST, Miami |
| Building Name | HAVANA HOUSE |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments, Residential-Multi-Family |
| Business Location | City Location,In Residential Area |
| Property Style | Income Non-Waterfront |
| Price | $2,300,000 |
| Property Status | Active |
| MLS Number | A11605993 |
| Property Size | 7500 |
| Lot Size | 7500 |
| Year Built | 1954 |
| Parking Space Number | 8 |
| Folio Number | 01-02-07-090-1050 |
| Gross Operating Income | $179,400 |
| Net Operating Income | $157,826 |
| Zoning Information | 3900 |
| Days on Market | 131 |
Detailed Description: Welcome to Havana House. This 8-unit building comprises large one-bedroom, one-bath units, all with assigned parking. 5 of the units have been remodeled, and the remaining 3 are in very good condition. The roof was replaced in 2024, and all windows are impact-resistant. Plumbing was upgraded in 2023, along with the laundry facility. The building was recently painted and is ready for sale. All tenants are on month-to-month leases. Its proximity to Brickell and Little Havana makes this an ideal location for short-term rentals. The property has completed its 40-year recertification. Rent at $2,000 to $2,150 per unit, for the remodeled units and $1,700 for the none remodeled Please call the listing agent to preview 1or2 of the units. 100% occupied. Seller financing available with great terms
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33130 |
| Address | 550 SOUTH WEST 10TH ST |
| Business Location | City Location,In Residential Area |
| Section | 7 |
| Zip Code (4 Digits) | 3819 |
Financial Information
| Price | $2,300,000 |
| Price per Foot | $0 |
| Folio Number | 01-02-07-090-1050 |
| Gross Operating Income | $179,400 |
| Net Operating Income | $157,826 |
| Tax Amount | $15,349 |
| Possession Information | Funding |
Full Descriptions
| Detailed Description | Welcome to Havana House. This 8-unit building comprises large one-bedroom, one-bath units, all with assigned parking. 5 of the units have been remodeled, and the remaining 3 are in very good condition. The roof was replaced in 2024, and all windows are impact-resistant. Plumbing was upgraded in 2023, along with the laundry facility. The building was recently painted and is ready for sale. All tenants are on month-to-month leases. Its proximity to Brickell and Little Havana makes this an ideal location for short-term rentals. The property has completed its 40-year recertification. Rent at $2,000 to $2,150 per unit, for the remodeled units and $1,700 for the none remodeled Please call the listing agent to preview 1or2 of the units. 100% occupied. Seller financing available with great terms |
| Year Built Description | Resale |
| How to Reach | SW 8STREET TO 5 AVENUE SW GO SOUTH TO 10 STREET GO WEST TO PROPERTY |
| Roof Description | Shingle |
| Floor Description | Tile, Wood |
| Cooling Description | Wall / Window Unit (s) |
| Heating Description | Wall / Window Units |
| Water Description | Public |
| Sewer Description | Other |
Property parameters
| Living Area | 7500 |
| Lot Size | 7500 |
| Total Acreage | 0.000 |
| Zoning Information | 3900 |
| Maximum Leasable Size | 7500 |
| Year Built | 1954 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments, Residential-Multi-Family |
| Style | Income Non-Waterfront |
| Building Name | HAVANA HOUSE |
| Construction Type | CBS Construction |
| Stories Number | 2 |
| Street Direction | South West |
| Parking Space Number | 8 |
| Listed with | Douglas Elliman |