Basic Information

  • MLS # A11684376
  • Type Duplex / Quad Plex / Triplex
  • Status Sold
  • Subdivision/Complex MANLEYS
  • Year Built 1924
  • Total Sqft 6,014
  • Date Closed 01/14/2025
  • Days on Market 73
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!

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description

Interior Features

  • Adjusted Sqft 6,014Sq.Ft
  • Sqft 6,014 Sq.Ft

Property Features

  • Aprox. Lot Size 6,014
  • Furnished Info No
  • Lot Description Less Than Quarter Acre
  • Short Sale Regular Sale
  • HOA Fees N/A
  • Subdivision Complex
  • Subdivision Info MANLEYS
  • Tax Amount $34,120
  • Tax Year 2023

1648 SW 7th St

Miami, FL 33135

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