1050 SW 7th St
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1050 SW 7th St
6 Unit Apartment Building $2,846,998 CAD ($474,500 CAD/Unit) Miami, FL 33130
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 | $2,846,998 CAD | Apartment Style | Low Rise |
| Price Per Unit | $474,500 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 |
| Price | $2,846,998 CAD |
| Price Per Unit | $474,500 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 |
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
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Walk Score ®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 01-4102-005-4990 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,244,669 CAD |
PROPERTY TAXES
Parcel Number
01-4102-005-4990
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,244,669 CAD
zoning
| Zoning Code | T5-L (Mixed use zoning, allows 65 units/acre density, commercial uses) |
| T5-L (Mixed use zoning, allows 65 units/acre density, commercial uses) |
Contacts
-
Mauricio Villasuso -
Carlos Fausto Miranda -
Fausto Commercial Realty Consultants
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1050 SW 7th St
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