1050 7th St ,Apartments for Sale

1050 7th St for Sale

Price $1,999,999.00

• Lot size 6850
• Year Build 1968
• Waterfront
• Zip 33130
• Style
• Parking Description
• Pool Yes
• Status Active

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!

Renovated units with high quality design and great tenants yielding excellent rental income.

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

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!

City:Miami,Zoning:T5-L,List A O R:A-Miami Association of REALTORS,Latitude:25.766565,List Price:1999999,Listing Id:A11336325,Longitude:-80.212334,Mls Status:Active,Year Built:1968,Postal Code:33130,Street Name:7th St,Coordinates:1:25.766565,Photos Count:22,Days On Market:264,Lot Size Units:Square Feet,On Market Date:2023-02-01,Parcel Number:01-41-02-005-4990,Property Type:Commercial Sale,Street Number:1050,Public Remarks: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!,County Or Parish:Miami-Dade County,Expiration Date:2024-06-30,List Office Name:Fausto Commercial Realty Consultants Inc,Private Remarks:Renovated units with high quality design and great tenants yielding excellent rental income.,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3135,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:16647,Unparsed Address:1050 SW 7th St, Miami FL 33130,Listing Agreement:Exclusive Right To Sell,Building Area Total:4400,Building Area Units:Square Feet,Lot Size Square Feet:6850,Original List Price:1999999,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks: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!,Listing Contract Date:2023-02-01,Originating System I D:miamire,Public Survey Section:2,Street Number Numeric:1050,Tax Legal Description: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,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:3.0%,Contract Status Change Date:2023-02-01,Internet Address Display Y N:1,Internet Consumer Comment Y N:1,Transaction Broker Compensation:3.0%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,