FL > Miami > Manleys
Miami, FL 33135,1648 SW 7th St
Miami, FL 33135,1648 SW 7th St
Miami, FL 33135,1648 SW 7th St
Miami, FL 33135,1648 SW 7th St
Miami, FL 33135,1648 SW 7th St
Miami, FL 33135,1648 SW 7th St
Carla Huyler
Carla Huyler

Broker/Owner | License ID: BK3405872

+1(239) 634-5352

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$ 2,225,000

$ 2,495,000 10.8%

Est. payment | /mo

6,014 SqFt

$ 2,225,000

$ 2,495,000 10.8%

Est. payment | /mo

6,014 SqFt

Key Details

Sold Price $2,225,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

Square Footage 6,014 sqft

Price per Sqft $369

Subdivision Manleys

MLS Listing ID A11684376

Sold Date 01/14/25

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

Financing Cash

Listed by FI Real Estate Brokerage LLC
Bought with London Foster Realty
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(239) 634-5352

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9160 Forum Corporate Pkwy, Ste 350, Myers, FL, 33905, United States

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1648 SW 7th St