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$2,225,000

  • Sold
  • Closed
  • Multi-Family
  • 8 Units
See This Home
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See This Home
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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!

Full Property Details for 1648 SW 7th St

General

  • Sold For: $2,225,000
  • Taxes: $34,120 (2023)
  • Status: Closed
  • Type: Multi-Family
  • Source: Greater_Miami
  • MLS ID: A11684376
  • Added to Site: 451 day(s) ago

Rental Information

  • Rent Includes: Gardener, Pest Control, Sewer, Trash Collection

Interior

  • Flooring: Other

Location

  • Area: Manleys
  • County: Miami-Dade County
  • Subdivision: MANLEYS
  • Building Name: MANLEYS

Community

  • Community Name: Manleys
  • Units Assoc/Comm: 4

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: Attached
  • Structure Type: Quadruplex, Fourplex
  • Detached/Attached: Detached
  • Roof: Flat Roof With Facade Front
  • Stories/Levels: 2
  • Building Size: 6014
  • Square Feet: 6,014
  • Living Area: 6,014 Sq. Ft.
  • Year Built: 1924

Unit Information

  • Units in Complex: 4

Lot Features

  • Lot Features: Less Than 1/4 Acre Lot
  • Potential Use: Unknown/Withheld
  • Zoning: 6101

Financial Considerations

  • Price Per Sq. Ft.: $369.97
  • Tax Amount: $34,120
  • Tax Year: 2023
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Documents Avail.: Deposit Held, Deposit - Last Months Rent, Deposit - Security, Financial Statement, Copy Of Lease(S), Rent Rolls
  • Legal Description: 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
  • Property ID: 01-41-02-012-0050

Listed by FI Real Estate Brokerage LLC
Sold by London Foster Realty

Listing agent

— 1648 SW 7th St —

  • FI Real Estate Brokerage LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1648 SW 7th St

School District:Dade County School District
NameGradesDistance
Riverside Elementary Community School
1190 Southwest 2nd Street, Miami, FL 33130
PK-50.6 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-83 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-121.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1648 SW 7th St

Date
Details
Price
Change
Source
1/14/2025
Sold
$2,225,000
-10.82%
MLS
12/02/2024
Price Reduced
$2,495,000
-8.44%
MLS
10/28/2024
Listed
$2,725,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by FI Real Estate Brokerage LLC
Sold by London Foster Realty

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1648 SW 7th St, Miami, FL 33135 (MLS# A11684376) is a Multi-Family property that was sold at $2,225,000 on January 14, 2025. Want to learn more about 1648 SW 7th St? Do you have questions about finding other Multi-Family real estate for sale in Little Havana? You can browse all Little Havana real estate or contact a Coldwell Banker agent to request more information.