1645 7th St,Residential-Multi-Family

1645 7th St, Miami, Florida, 33135

Price $1,447,000.00

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

Description

Rare to find, 5 unit multifamily from 1,981 on a solid CBS construction The Property consists of two 3 Bedrooms / 2 Bathrooms units and three 2 Bedrooms / 1 Bathroom units for a total of 12 Bedrooms and 7 Bathrooms The property sits on a 7,500 Sq. Ft Lot with T-5 Open zoning, allowing 11 residential units or 22 hotel units (renders available) Exceptional location just 1 block away from the entertainment area on Calle 8 and a few minutes away from I95, Brickell, Downtown, Coral Gables, and Miami International Airport Easy and efficient management, as every unit has its own water and electrical meter A very conservative $2.00 price per SF rent premium per year is projected in the proforma Recent improvements: Roof, kitchens, bathroom, AC, Appliances, Fence, and Parking

See attached Offering Memorandum

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

Rare to find, 5 unit multifamily from 1,981 on a solid CBS construction The Property consists of two 3 Bedrooms / 2 Bathrooms units and three 2 Bedrooms / 1 Bathroom units for a total of 12 Bedrooms and 7 Bathrooms The property sits on a 7,500 Sq. Ft Lot with T-5 Open zoning, allowing 11 residential units or 22 hotel units (renders available) Exceptional location just 1 block away from the entertainment area on Calle 8 and a few minutes away from I95, Brickell, Downtown, Coral Gables, and Miami International Airport Easy and efficient management, as every unit has its own water and electrical meter A very conservative $2.00 price per SF rent premium per year is projected in the proforma Recent improvements: Roof, kitchens, bathroom, AC, Appliances, Fence, and Parking

City:Miami,Zoning:6101,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:25.766758,Malone Id:2093801682,List Price:1447000,Listing Id:A11002259,Longitude:-80.22213,Mls Status:Active,Year Built:1981,Postal Code:33135,Street Name:7th St,Coordinates:1:25.766758,Photos Count:10,Days On Market:206,Listing Terms:1:Conventional/Refinance,Lot Size Units:Square Feet,On Market Date:2021-02-20,Parcel Number:01-41-02-013-0040,Parking Total:7,Property Type:Commercial Sale,Stories Total:2,Street Number:1645,Public Remarks:Rare to find, 5 unit multifamily from 1,981 on a solid CBS construction The Property consists of two 3 Bedrooms / 2 Bathrooms units and three 2 Bedrooms / 1 Bathroom units for a total of 12 Bedrooms and 7 Bathrooms The property sits on a 7,500 Sq. Ft Lot with T-5 Open zoning, allowing 11 residential units or 22 hotel units (renders available) Exceptional location just 1 block away from the entertainment area on Calle 8 and a few minutes away from I95, Brickell, Downtown, Coral Gables, and Miami International Airport Easy and efficient management, as every unit has its own water and electrical meter A very conservative $2.00 price per SF rent premium per year is projected in the proforma Recent improvements: Roof, kitchens, bathroom, AC, Appliances, Fence, and Parking,County Or Parish:Miami-Dade County,Expiration Date:2022-01-31,Private Remarks:See attached Offering Memorandum,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,Postal Code Plus4:3780,State Or Province:FL,Street Dir Prefix:SW,Tax Annual Amount:14278,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,Number Of Buildings:1,Original List Price:1347000,Previous List Price:1347000,Public Survey Range:41,I D X Participation Y N:1,Syndication Remarks:Rare to find, 5 unit multifamily from 1,981 on a solid CBS construction The Property consists of two 3 Bedrooms / 2 Bathrooms units and three 2 Bedrooms / 1 Bathroom units for a total of 12 Bedrooms and 7 Bathrooms The property sits on a 7,500 Sq. Ft Lot with T-5 Open zoning, allowing 11 residential units or 22 hotel units (renders available) Exceptional location just 1 block away from the entertainment area on Calle 8 and a few minutes away from I95, Brickell, Downtown, Coral Gables, and Miami International Airport Easy and efficient management, as every unit has its own water and electrical meter A very conservative $2.00 price per SF rent premium per year is projected in the proforma Recent improvements: Roof, kitchens, bathroom, AC, Appliances, Fence, and Parking,Listing Contract Date:2021-02-20,Originating System I D:miamire,Showing Instructions:24 Hour Notice,Appointment Only,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?,Sub Agency Compensation:1%,Contract Status Change Date:2021-02-20,Internet Address Display Y N:1,Number Of Units In Community:5,Transaction Broker Compensation:2.5%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,