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1050 SW 7th St Miami, FL $ 1,999,999
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$ 1,999,999 Get more info
1050 SW 7th St
$ 1,999,999
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Share Save

1050 SW 7th St

Miami, FL, 33130
$ 1,999,999
Baths0.0 Sq 4,400

Monthly Estimate*

$ 13,293

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View a Virtual Tour
Studio

Commercial Property for sale in Miami, FL

for $1,999,999. This 4,400 square foot building was built in 1968 on a lot size of 0.157254.

In the heart of Little Havana and behind Calle Ocho lies this exceptional 6 unit multifamily income producing cash-cow that also has T5-L zoning allowing for AirBnB licensure and short-term rental. It’s stabilized with great rents. All units are 2 bedroom 1 bath units, w/individual water meters. New mini splits A/C, individual water meters and electric reducing operating expenses. Multifamily has proven to be a COVID and inflation proof investment, and the area continues to see great rent collections. Centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami. With rising population, high demand, it becomes ever more critical to capitalize now on such a unique location. Contact us now!

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Commercial Active

Price

$ 1,999,999

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 16,647

Style

MultiFamily

Lot Size

0.157254

Year Built

1968

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11336325
Features
General
Year Built 1968
Property SubType MultiFamily
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Miami
View Y/N N
Senior Community Y/N N
Zoning Description T5-L
MLS Area 41
Lot Size Units SquareFeet
Lot Size Square Feet 6850.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 7th St
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 16647.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11336325
Days on Market 388
Structure Type Apartment
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 BLK 29 LOT SIZE 6850 SQUARE FEET OR 16608-1491 1294 4 COC 25072-0905 09 2006 5
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Exterior
Lot Size Area 6850.0
Spa N
Building Area Total 4400.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 1050
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* Excluded Features
List By
Fausto Commercial Realty Consultants Inc

Broker

mv@faustocommercial.com

Email

Affordability Calculator

$14,680
Per Month
91%
9%
0%
Monthly Principal & Interest
$13,293
Monthly Property Taxes
$1,387
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/1/2023$1,999,999 Listed Price

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1050 SW 7th St, Miami, FL, 33130 is a Commercial Property for sale at $1,999,999 with 4,400 sqft and a lot size of 0.157254. 1050 SW 7th St is a studio with 0.0 baths and was built in 1968. The property's zip code is 33130 which is in Miami, FL

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