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550 SW 10th St, Miami FL 33130

Commercial For Sale
$2,300,000

BTC: 34.87490523

ETH: 636.87741771

5 days
0 room(s)
Est. Estimated sales range: $0 - $0
$0

Overview

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

Facts and features

Type:
Commercial Sale
Parking:
No Data
Year Built:
1954
Lot:
7500 Square Feet
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Tile

    • Wood

    Heating

    • Wall/Window Units

    Cooling

    • Wall/Window Unit(s)

  • Lot

    • Lot: 7500 Square Feet

    Other Property Information

    • Parcel Number: 01-02-07-090-1050

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $15,349

  • Source details

    • MLS ID: A11605993

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: City Location / In Residential Area

    • Water Source: Public

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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 ©2024-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: Douglas Elliman