1645 SW 7th St, Miami FL 33135

Description

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!

This income/multifamily home located at 1645 SW 7th St, Miami FL 33135 is currently for sale and has been available on Brickellsold for 44 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1981. 1645 SW 7th St, Miami FL 33135 is in Miami county Miami-Dade County.