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Sold
Sold on January 14, 2025

1648 SW 7th St

$2,495,000
$2,225,000
0 Beds
0 Baths
6,014 sqft
0 Parkings
Lot size
-
Annual Tax
$34,120
Occupancy
Contact Agent
Year Built
1924
Property type
Multifamily
#MLS
A11684376

Description

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!
FI Real Estate Brokerage LLC

Features & Details

Learn about the features and details of 1648 SW 7th St

Property Details

  • Property Type
    Quadruplex
  • Living Area
    6,014 sqft
  • Year Built
    1924
  • Lot Size
    -
  • Stories
    -
  • Annual Tax
    $34,120.00
  • List Date
    10/28/2024
  • Updated
    7/8/2025
  • Last Checked
    Recent
  • MLS Number
    #A11684376
  • Brokerage
    FI Real Estate Brokerage LLC
  • Postal Code
    33135
  • Area
    Miami-Dade
  • City
    Miami

Additional Property Features

  • Occupancy
    CallAgent
  • List Price
    $2,495,000.00
  • Unit Number
    -
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    No
  • Pets Allowed
    No
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    None
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
    –
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2023
  • Assignment
    No
  • Extras Included
    None
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Ensuite
    Yes
  • Bathrooms
    0
  • Flooring
    Mixed

Price history

Learn about the price history of 1648 SW 7th St

Real estate trends

View trends of price in Miami over the last 12 months

Explore Miami-Dade

Learn about the area around 1648 SW 7th St

Mortgage Calculator
Estimate monthly payments for 1648 SW 7TH ST
$0
20.0%
$2,495,000
1%
5.25%
10%
Estimated Monthly Payment

$11,961

Cash Flow Analysis
Mortgage Payment:
$11,960.98
Monthly Payment:
$14,804.32
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this beautiful quadruplex in the heart of West Miami - Miami, Miami. This well-appointed property offers 6,014 square feet of living space. Originally built in 1924. Offered at $2,495,000.00 Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About 1648 SW 7th St

1648 SW 7th St, MLS® A11684376 has a size of 6014 sqft.

There are bedrooms and bathrooms in this Multifamily at 1648 SW 7th St, MLS® A11684376.

Annual taxes for this home are $34,120 based on 2023 tax year reports.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
©2025 Miami Association of REALTORS® all rights reserved.
1648 SW 7th St