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Gelfand Realty Miami Properties for Sale - Income/MultiFamily for Sale

1050 SW 7TH ST, MIAMI, FL 33130

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Income/MultiFamily - for Sale

1050 SW 7TH ST, MIAMI, FL 33130

Asking Price$1,999,999

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  • Days on market:

    388 day(s)

  • Original Price:

    $1,999,999

  • 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

  • Property Type:

    Income/MultiFamily

  • Special Listing Conditions:

    Sale

Description

$1,999,999

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!

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