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1050 SW 7th St, Miami FL 33130,Miami,Miami-Dade County,Commercial Sale

  • $1,999,999

Overview

  • Income/MultiFamily
  • Property Type

Description

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!

  • Address: 7th St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33130

Details

Updated on January 5, 2024 at 12:43 pm
  • Price $1,999,999
  • Year Built 1968
  • Property Type Income/MultiFamily
  • Property Status Commercial Sale

Additional details

  • StreetDirPrefix SW
  • PublicSurveyRange 41
  • CoListAgentDirectPhone 305-431-2258
  • ListAgentKey 9b1aee2280ad66e1e48b9e1e4e6ebf1f
  • TaxLegalDescription LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 BLK 29 LOT SIZE 6850 SQUARE FEET OR 16608-1491 1294 4 COC 25072-0905 09 2006 5
  • OnMarketDate 2023-02-01
  • ListAgentEmail mv@faustocommercial.com
  • ContractStatusChangeDate 2023-02-01
  • MajorChangeTimestamp 2023-02-01T15:47:50.707Z
  • PhotosCount 22
  • SubAgencyCompensation 3.0%
  • StatusChangeTimestamp 2023-02-01T15:47:50.707Z
  • CoListOfficeName Fausto Commercial Realty Consultants Inc
  • PriceChangeTimestamp 2023-02-01T15:47:50.707Z
  • ListingKeyNumeric 378434700
  • MajorChangeType New
  • ListingContractDate 2023-02-01
  • CoListOfficeKey 7cfc112ff185580637392301ab94285c
  • ListAOR A-Miami Association of REALTORS
  • TaxAnnualAmount 16647
  • ListOfficeName Fausto Commercial Realty Consultants Inc
  • OriginatingSystemKey miamire
  • BusinessType Apartments
  • DualVariableCompensationYN no
  • PhotosChangeTimestamp 2023-02-01T20:06:48.384Z
  • OriginatingSystemName Miami Association of REALTORS®
  • ListOfficePhone 305-431-2258
  • MlsStatus Active
  • StreetNumber 1050
  • CoListOfficeMlsId FAUS01
  • ListingKey 469b53191b778a7718f656d591bf2d0f
  • StateOrProvince FL
  • CoListAgentEmail cfm@faustocommercial.com
  • ListOfficeKey 7cfc112ff185580637392301ab94285c
  • BridgeModificationTimestamp 2023-10-23T13:35:18.564Z
  • ListAgentFullName Mauricio Villasuso
  • ListAgentOfficePhone 305-431-2258
  • ParcelNumber 01-41-02-005-4990
  • OtherExpense 0
  • CoListAgentOfficePhone 305-431-2258
  • IDXParticipationYN yes
  • InternetAddressDisplayYN yes
  • ListAgentMlsId 3254982
  • ModificationTimestamp 2023-10-23T13:33:20.650Z
  • OriginatingSystemID miamire
  • DaysOnMarket 264
  • BuyerAgencyCompensationType %
  • ListOfficeMlsId FAUS01
  • ListAgentDirectPhone 305-340-8901
  • CoListAgentFullName Carlos Miranda
  • CoListAgentKey 0f33fbf18348821023ed2094359ae7f9
  • StreetNumberNumeric 1050
  • CoListAgentStateLicense 3129999
  • PostalCodePlus4 3135
  • NumberOfUnitsInCommunity 0
  • ExpirationDate 2024-06-30
  • SyndicationRemarks 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!
  • ListAgentStateLicense 3254982
  • CoListAgentMlsId 3129999
  • PublicSurveyTownship 41
  • ListOfficeFax 305-675-0365
  • ListingAgreement Exclusive Right To Sell
  • PublicSurveySection 2
  • ListingId A11336325
  • SpecialListingConditions Sale
  • OriginalListPrice 1999999
  • BuildingAreaUnits Square Feet
  • InternetEntireListingDisplayYN yes
  • BuyerAgencyCompensation 3.0%
  • InternetAutomatedValuationDisplayYN yes
  • OriginalEntryTimestamp 2023-02-01T15:47:50.707Z
  • SourceSystemKey 378434700
  • ListOfficeURL https://youtu.be/r8fuCkiqpjk
  • LotSizeSquareFeet 6850
  • InternetConsumerCommentYN yes
  • CoListOfficePhone 305-431-2258
  • BuildingAreaTotal 4400

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