1645 SW 7th St new

Miami,FL 33135

$ 1877000

- Bed

0 Bath

4076 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,076 sqft

Price per Sqft $460

MLS Listing ID A11751366

HOA Y/N No

Year Built 1981

Lot Size 7,500 Sqft

Property Sub-Type Multi Family

Property Description

Rare Investment Opportunity! This solid CBS construction 5-unit multifamily property offers a 5% cap rate with potential for rent increases. Featuring two 3BD/2BA units and three 2BD/1BA units, it boasts a total of 12 bedrooms and 7 bathrooms. The 7,500 Sq. Ft. lot with T-5 Open zoning allows for redevelopment of up to 11 residential or 22 hotel units (renders available). Prime location just one block from Calle 8's entertainment district and minutes from Brickell, Downtown, Coral Gables, I-95, and Miami International Airport. Each unit has separate water and electrical meters for effortless management. Recent upgrades include new roof, kitchens, bathrooms, AC, appliances, fencing, and parking. Excellent opportunity!

Location

State FL

County Miami-dade

Area 41

Exterior

Private Pool Yes

Others

Tax ID 01-41-02-013-0040

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