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1645 SW 7th St, Miami FL 33135,Miami,Miami-Dade County,Commercial Sale

$1,827,000

Commercial Sale Active

1645 SW 7th St, Miami FL 33135

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Commercial Sale Active

1645 SW 7th St, Miami FL 33135,Miami,Miami-Dade County,Commercial Sale

1645 SW 7th St, Miami FL 33135

$1,827,000

Overview

Income/MultiFamily
Property Type

1981
Year Built

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!

Address

Open on Google Maps

Address 7th St
City Miami
State/county Miami-Dade County
Zip/Postal Code 33135

Details

Updated on April 9, 2025 at 7:36 pm

Property ID: A11751366
Price: $1,827,000
Year Built: 1981
Property Type: Income/MultiFamily
Property Status: Commercial Sale

Additional details

StreetDirPrefix: SW
PublicSurveyRange: 41
ShowingInstructions: 24 Hour Notice,Appointment Only,Call Listing Agent
CoListAgentDirectPhone: 352-514-6774
ListAgentKey: fc7a0dc3f3f5478e55c266019f50971c
TaxLegalDescription: OSCEOLA PARK PB 4-18 LOT 4 BLK 2 LOT SIZE 7500 SQUARE FEET OR 17275-1181 0496 1
OnMarketDate: 2025-02-24
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2025-02-24
MajorChangeTimestamp: 2025-04-09T16:22:26.760Z
PhotosCount: 18
StatusChangeTimestamp: 2025-02-24T22:55:20.123Z
CoListOfficeName: Habitat Realty LLC
PriceChangeTimestamp: 2025-04-09T16:22:26.760Z
ListingKeyNumeric: 407658371
MajorChangeType: Price Decrease
ListingContractDate: 2025-02-24
CoListOfficeKey: f8af267c606b4a036be5f27924533fe3
Zoning: 6101
ListAOR: A-Miami Association of REALTORS
ListOfficeName: Habitat Realty LLC
OriginatingSystemKey: miamire
BusinessType: Apartments,Residential-Multi-Family
PhotosChangeTimestamp: 2025-02-24T23:07:19.736Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 786-521-8144
MlsStatus: Active
StreetNumber: 1645
CoListOfficeMlsId: HRLL01
ListingKey: e3ec65f12b7a6dea580391fdab621a69
StateOrProvince: FL
ShowingContactType: Agent
CoListAgentEmail: [email protected]
ListOfficeKey: f8af267c606b4a036be5f27924533fe3
BridgeModificationTimestamp: 2025-04-09T16:24:52.056Z
ListAgentFullName: Javier Motta
ListAgentOfficePhone: 786-521-8144
ParcelNumber: 01-41-02-013-0040
OtherExpense: 0
CoListAgentOfficePhone: 786-521-8144
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
ListAgentMlsId: 3265070
ModificationTimestamp: 2025-04-09T16:22:26.760Z
OriginatingSystemID: miamire
PreviousListPrice: 1877000
DaysOnMarket: 44
ListOfficeMlsId: HRLL01
ListAgentDirectPhone: 786-521-8144
CoListAgentFullName: Alejandro Sanchez
CoListAgentKey: c2e7e46fb7016a35cc4914c80eaff149
StreetNumberNumeric: 1645
CoListAgentStateLicense: 3253331
PostalCodePlus4: 3780
NumberOfUnitsInCommunity: 0
SyndicationRemarks: 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!
ListAgentStateLicense: 3265070
CoListAgentMlsId: 3253331
PublicSurveyTownship: 41
StreetName: 7th St
ListingAgreement: Exclusive Right To Sell
SpecialListingConditions: Sale
OriginalListPrice: 1877000
BuildingAreaUnits: Square Feet
InternetEntireListingDisplayYN: 1
OriginalEntryTimestamp: 2025-02-24T22:55:20.123Z
SourceSystemKey: 407658371
LotSizeSquareFeet: 7500
CoListOfficePhone: 786-521-8144
BuildingAreaTotal: 4076