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This multifamily property boasts 16 units within a spacious 9,747 Sq. Ft. building, all set on an 8,500 Sq. Ft. lot. Embrace the potential for comfortable living and lucrative investment in this vibrant neighborhood.

ADDRESS

1553 SW 7 ST. Miami, FL 33135

TYPE

Multifamily

TOTAL UNITS

16 Units

UNIT DESCRIPTION

Four (2 Bed / 1 Bath) and Twelve (1 Bed / 1 Bath)

BUILDING SIZE

9,747 Sq. Ft.

LOT SIZE

8,500 Sq. Ft.

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Listed for sale in Little Havana, this completely reinforced and remodeled property boasts a modern interior and a retro exterior. It comprises four 2-bedroom/1-bathroom units and twelve 1-bedroom/1-bathroom units, totaling 20 bedrooms and 16 bathrooms. Situated on an 8,500 sq. ft. lot with T-5 Open zoning, it allows for 12.6 residential units or 25.3 lodging/hotel units. The exceptional location is just one block from the entertainment area on Calle 8 and a mere 8 minutes from I-95, Brickell, Downtown, Coral Gables, and Miami International Airport. Zoning permits short-term rentals, and the property is fully rented for two years, generating a gross annual income of $364,800.

Distance to:

• I-95

• Brickell

• Downtown

• Wynwood

• Design District

• Miami Int. Airport

• Port of Miami

• Miami Beach

1.2 mi.

1.3 mi.

1.4 mi.

3.0 mi.

4.0 mi.

4.7 mi.

5.5 mi.

8.1 mi.

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