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!

This listing is courtesy of John Verea at FI Real Estate Brokerage LLC em:Jv@Fi.realestate ph:310-733-8183.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0141020120050 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 01-1020-012-0050 (0141020120050)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 1648 SW 7 St
City: Miami
State: Florida
Zip Code: 33135-3753 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 6,014
Actual Square Feet: 6,014
Adjusted Square Feet: 5,317
  -
Lot Size - English*
Lot Size (sf): 5,000
Lot Size (acres): 0.11
  -
Building Size - Metric*
Living Square Meters: 558.72
Actual Square Meters: 558.72
Adjusted Sq M: 493.97
  -
Lot Size - Metric*
Lot Size (sq m): 465
Lot Size (ha): 0.05
  -
Zoning & Land Use*
Land Use: 0803 - Multifamily 2-9 Units : Multifamily 3 Or More Units
Zoning: 6101 - Cen-pedestrian Orientatio
Municipal Zoning: T5 O (Miami)
All Listed | All Properties
  -
Prior Sale*
Type: Qual by exam of deed
Qual: Q
Date: 03/29/2022
Amount: $2,500,000
  -
Prior Sale #2* (Second to Last)
Type: Qual by exam of deed
Qual: Q
Date: 03/16/2020
Amount: $926,900
  -
Prior Sale #3* (3rd to Last)
Type: Qual by exam of deed
Qual: Q
Date: 04/10/2019
Amount: $5,390,800
  -
Taxable Values*
Tax Year: 2023
Land: $450,000
Building: $1,279,002
Total: $1,729,002
Assessed: $1,729,002
County Taxable: $1,729,002
City Taxable: $1,729,002
Mill Code: 0100
  -
Ownership*
Owner 1: Purushottam Gayatri Durlabhdas
Owner 2: Vasant Inc
Mailing Address: 2 Northside Piers Apt 24p
Mailing City: Brooklyn
Mailing State: Ny
Mailing Zip: 11249-4162
  -
Building Information*
Stories: 2
Units: 8
Year Built: 1924
Effective Year Built: 1944
Extra Features 1: Chain-link Fence 4-5 Ft High
  -
Legal Description*
Legal Description Concatenated: 2 54 41 MANLEYS RESUB PB 9-47 E1/2 LOTS 5-6-7-8 LOT SIZE 50.000 X 100 OR 25059-0630/25294-0624 1006 2

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.