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!
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by John Verea • FI Real Estate Brokerage LLC • Buyer Agency Compensation .
Instant Comparative Market Analysis
Active
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Unit 1648 SW 7th St – Asking
$453/ft²
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