Basic Information
- MLS # A11751366
- Type Multi Family
- Status Active Under Contract
- Year Built 1981
- Total Sqft 7,500
- Date Listed 02/24/2025
- Days on Market 117
Rare Investment Opportunity! This solid CBS construction 5-unit multifamily property offers a 5%+ cap rate with potential for rent increases. Featuring two 3BD/2BA units and three 2BD/1BA units, it boasts a total of 12 bedrooms and 7 bathrooms. The 7,500 Sq. Ft. lot with T-5 Open zoning allows for redevelopment of up to 11 residential or 22 hotel units (renders available). Prime location just one block from Calle 8’s entertainment district and minutes from Brickell, Downtown, Coral Gables, I-95, and Miami International Airport. Each unit has separate water and electrical meters for effortless management. Recent upgrades include new roof, kitchens, bathrooms, AC, appliances, fencing, and parking. Excellent opportunity!
Amenities
Exterior Features
- Waterfront No
- Parking Spaces 0
- Pool No
- Parking Description
- Style Multi Family
Interior Features
- Adjusted Sqft 7,500Sq.Ft
- Sqft 7,500 Sq.Ft
Property Features
- Address 1645 SW 7th St
- Aprox. Lot Size 7,500
- City Miami
- County Miami- Dade
- Furnished Info no
- Occupant Type Tenant
- Postal City Miami
- Subdivision Complex
- Subdivision Info
- Tax Amount $0
- Tax Legal desc O S C E O L A P A R K P B4-18 L O T4 B L K2 L O T S I Z E7500 S Q U A R E F E E T O R17275-118104961
- Tax Year 0
- Type of Property Multi Family
1645 SW 7th St
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The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 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. Listing courtesy of: Habitat Realty LLC. tel: 786-521-8144
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