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$ 1,877,000
Est. payment /mo
New
1645 SW 7th St Miami, FL 33135
4,076 SqFt
UPDATED:
02/25/2025 02:00 AM
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
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11751366
Listed by Habitat Realty LLC