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$2,495,000
$2,225,000
Sold

1648 7th St

·

Miami-Dade

Sold on January 14, 2025

Quadruplex

MLS® # A11684376
Bedrooms
0 Beds
Bathrooms
0 Baths
Size
$6,014 sqft
Parkings
0
Maintenance Fees
-
Annual Tax
$34,120

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

Price history

Learn about the price history of 1648 7th St

Features & Details

  • Property Type
    Quadruplex
  • Bedrooms & Baths
    0 Bed, 0 Bath
  • Living Area
    6,014 sqft
  • Year Built
    1924
  • Lot Size
    -
  • Occupancy
    CallAgent
  • List Price
    $2,495,000.00
  • Unit Number
    -

  • List Date
    10/28/2024
  • MLS Number
    #A11684376
  • Annual Tax
    $34,120.00
  • Property Manager
    -
  • Utilities Included
    None
  • Furnished
    No
  • Assessment Year
    2023
  • Brokerage
    FI Real Estate Brokerage LLC
  • Assignment
    No
  • Extras Included
    None

  • Stories
    -
  • Construction
    Block
  • Heating
    Central
  • Fireplaces
    -
  • Garage
    -
  • Parking Type
    Parking Type
  • 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

Virtual Tour

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Real estate trends

View trends of price in 1648 7th St, Miami-Dade over the last 12 months

Explore Miami-Dade

Learn about the area around 1648 7th St

Mortgage Calculator
Estimate monthly payments for 1648 7th St
20.5%100%
Estimated Monthly Payment
$10,050
Cash Flow Analysis
Mortgage Payment:
$10,050
Monthly Payment:
$12,893.33
Break Even Down Payment:
100%
Cash Flow
$0

About this property

Discover this exceptional quadruplex in the heart of 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 7th St

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.
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