Multifamily in Miami, FL 33135
Manleys, 1648 SW 7th St

Beds
6,014
SqFt
$370
$/SqFt
MultifamilyProperty Type
1924Year Built
$370/SqFtPrice per sq ft
FourplexStyle
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!
Listing Courtesy Of: FI Real Estate Brokerage LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 733 DaysUpdated: 68 Days agoPage Views: 0

Features

MLS Number: A11684376
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: Other
        • Year Built: 1924
        • Year Built Description: Resale
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2024-11-01T13:44:30.000-00:00
          Taxes, Fees & More
          • Taxes: 34120

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          Price History

          Current
          $2.2M
          High
          $2.7M
          Low
          $2.2M
          Total Change
          -18.3%
          $2.8M$2.5M$2.2MOct 24Dec 24Jan 25
          Date
          Event
          Price
          Change
          Price Per
          01/14/2025
          Sold
          $2.2M
          -10.82%
          $370 ft2
          $3,982 m2
          12/02/2024
          Price Reduced
          $2.5M
          -8.44%
          $415 ft2
          $4,466 m2
          10/29/2024
          Listed
          $2.7M
           
          $453 ft2
          $4,877 m2
          01/14/2025
          $2.2M
          Event
          Sold
          Change
          -10.82%
          Price Per
          $370 ft2
          $3,982 m2
          12/02/2024
          $2.5M
          Event
          Price Reduced
          Change
          -8.44%
          Price Per
          $415 ft2
          $4,466 m2
          10/29/2024
          $2.7M
          Event
          Listed
          Price Per
          $453 ft2
          $4,877 m2
          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 .
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          Community Snapshot
          6,014 - 6,014
          SqFt Range
          1924
          Year Build
          2
          Total Floors

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