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1645 SW 7th St, Miami FL 33135

Commercial Sale

1645 7th St

Miami, FL 33135

ML#:A11751366
List Price:$1,787,000
Status:Closed
Days on Market:112
Listing Brkr:Habitat Realty LLC
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:7500 sqft
Year Built:1981
Stories:

General Information

Type Property:Commercial Sale
Style:Income/MultiFamily
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33135
Subdivision:
Latitude:25.766761
Longitude:-80.222140

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 Agent

Javier Motta

Habitat Realty LLC

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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