FL > Miami > Manleys
Miami, FL 33135,1648 SW 7th St
Miami, FL 33135,1648 SW 7th St
Miami, FL 33135,1648 SW 7th St
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Theresa Marie Ramos

Theresa Marie Ramos

+1(646) 825-1739
$2,495,000
Est. payment /mo
6,014 SqFt
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UPDATED:

12/16/2024 07:27 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 6,014 sqft

Price per Sqft $414

Subdivision Manleys

MLS Listing ID A11684376

Style Fourplex

Construction Status Resale

HOA Y/N No

Year Built 1924

Annual Tax Amount $34,120

Tax Year 2023

Contingent No Contingencies

Property Description

Investor's dream in the heart of Historic Little Havana. This 8-unit multifamily property features spacious 2- bedroom, 1-bathroom apartments. Currently generating over $18,000 per month in rental income, all 8 units are leased with vetted and qualified tenants and yearly long-term leases. Immense potential to convert all units into short- term rentals, which will significantly boost rental income. Renovated in 2021, each unit boasts new bathrooms, kitchens with granite countertops, in-unit washer/dryer, AC splits, upgraded plumbing, and electrical panels. The 40-Year Re-Certification is nearing completion, offering peace of mind to the new owner. Just steps from Calle Ocho's renowned eateries, shopping, nightclubs, and rich cultural heritage, this property is a gem!

Location

State FL

County Miami-dade

Community Manleys

Area 41

Interior

Heating Central

Cooling Central Air

Flooring Other

Exterior

Pool None

Utilities Available Cable Available

Roof Type Flat

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Architectural Style Fourplex

Level or Stories Two

Structure Type Block

Construction Status Resale

Others

Tax ID 01-41-02-012-0050

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by FI Real Estate Brokerage LLC

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Theresa Marie Ramos

+1(646) 825-1739

Agent | License ID: 3533533

Agent License ID: 3533533

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1648 SW 7th St