550 SW 10th St Active Save Request In-Person Tour Request Virtual Tour
Miami,FL 33130
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 4,928 sqft
Price per Sqft $466
MLS Listing ID A11605993
Construction Status Resale
HOA Y/N No
Year Built 1954
Annual Tax Amount $15,349
Lot Size 7,500 Sqft
Property Description
Welcome to Havana House. This 8-unit building comprises large one-bedroom, one-bath units, all with assigned parking. Three of the units have been remodeled, and the remaining five are in good condition. The roof was replaced in 2024, and all windows are impact-resistant. Plumbing was upgraded in 2023, along with the laundry facility. The building was recently painted and is ready for sale. All tenants are on month-to-month leases. Its proximity to Brickell and Little Havana makes this an ideal location for short-term rentals. The property has completed its 40-year recertification. With market rent at $2,000 per unit, the yearly income can be $192,000, with a CAP rate of over 7%. Please call the listing agent and do not disturb the tenants.
Location
State FL
County Miami-dade
Area 41
Interior
Heating Window Unit,Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Tile,Wood
Exterior
Roof Type Shingle
Total Parking Spaces 8
Building
Story 2
Sewer Other
Water Public
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 01-02-07-090-1050
Ownership Corporation
Security Features Motion Detectors,Other,Security Lights
Acceptable Financing Cash,Conventional,Other
Listing Terms Cash,Conventional,Other
Special Listing Condition Corporate Listing