1645 7th St , for Sale

1645 7th St for Sale

Price $1,877,000.00

• Lot size 7500
• Year Build 1981
• Waterfront
• Zip 33135
• Style
• Parking Description
• Pool Yes
• Status Active

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!

OSCEOLA PARK PB 4-18 LOT 4 BLK 2 LOT SIZE 7500 SQUARE FEET OR 17275-1181 0496 1

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!

City:Miami,Zoning:6101,List A O R:A-Miami Association of REALTORS,Latitude:25.7667609,List Price:1877000,Listing Id:A11751366,Longitude:-80.22214,Mls Status:Active,Year Built:1981,Postal Code:33135,Street Name:7th St,Coordinates:1:25.7667609,Photos Count:18,Business Type:1:Residential-Multi-Family,Lot Size Units:Square Feet,M I A M I R E_ Area:41,On Market Date:2025-02-24,Parcel Number:01-41-02-013-0040,Property Type:Commercial Sale,Street Number:1645,Public Remarks: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!,County Or Parish:Miami-Dade County,List Office Name:Habitat Realty LLC,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:New,Postal Code Plus4:3780,Property Sub Type:Income/MultiFamily,State Or Province:FL,Street Dir Prefix:SW,Unparsed Address:1645 SW 7th St, Miami FL 33135,Listing Agreement:Exclusive Right To Sell,Building Area Total:4076,Building Area Units:Square Feet,Lot Size Square Feet:7500,Original List Price:1877000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks: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!,Listing Contract Date:2025-02-24,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Appointment Only,Call Listing Agent,Street Number Numeric:1645,Tax Legal Description:OSCEOLA PARK PB 4-18 LOT 4 BLK 2 LOT SIZE 7500 SQUARE FEET OR 17275-1181 0496 1,Public Survey Township:41,Originating System Name:Miami Association of REALTORS?,M I A M I R E_ Internet Remarks:Solid CBS construction 5-unit multifamily property offers a 5% cap rate with potential rent increases. Featuring two 3BD/2BA and three 2BD/1BA units,Contract Status Change Date:2025-02-24,Internet Address Display Y N:1,M I A M I R E_ Ok To Advertise List:No,Internet Entire Listing Display Y N:1,