In the heart of Little Havana and behind Calle Ocho lies this exceptional 6 unit multifamily income producing cash-cow that also has T5-L zoning allowing for AirBnB licensure and short-term rental. It’s stabilized with great rents. All units are 2 bedroom 1 bath units, w/individual water meters. New mini splits A/C, individual water meters and electric reducing operating expenses. Multifamily has proven to be a COVID and inflation proof investment, and the area continues to see great rent collections. Centrally located hub of economic activity that is booming and growing from the inflow of residents from other States as they continue to be driven to Miami. With rising population, high demand, it becomes ever more critical to capitalize now on such a unique location. Contact us now!

This listing is courtesy of Fausto Commercial Realty Consultants Inc.

More detailed information, including prior sales, lot and building square footage per the county, zoning, traffic maps, nearby businesses, and more related to the Miami-Dade county property folio associated with this commercial property listing, which in most cases would be for the listed property, is displayed below. This is not provided by the listing broker or agent, but is information obtained independently from the county for the folio number 0141020054990 entered for this listing by the listing broker / listing agent. Importantly, always verify information. This county information is not updated regularly. Thus, some of the information may have changed since it was obtained. Information herein is provided on a best efforts basis only. Do not rely on it to make an investment decision.

Miami-Dade County Information for Folio 01-1020-005-4990 (0141020054990)*
Links to Miami-Dade Lot Outline, Aerial Views, Tax Records
Property Location*
Address: 1050 SW 7 St
City: Miami
State: Florida
Zip Code: 33130-3135 (Listings)
County: Miami-Dade (Listings)
  -
Building Size - English*
Living Square Feet: 4,400
Actual Square Feet: 4,400
Adjusted Square Feet: 4,400
  -
Lot Size - English*
Lot Size (sf): 6,850
Lot Size (acres): 0.16
  -
Building Size - Metric*
Living Square Meters: 408.77
Actual Square Meters: 408.77
Adjusted Sq M: 408.77
  -
Lot Size - Metric*
Lot Size (sq m): 636
Lot Size (ha): 0.06
  -
Zoning & Land Use*
Land Use: 0803 - Multifamily 2-9 Units : Multifamily 3 Or More Units
Zoning: 6107 - Residential-medium Retail
Municipal Zoning: T5 L (Miami)
All Listed | All Properties
  -
Prior Sale*
Type: Qual by exam of deed
Qual: Q
Date: 01/29/2021
Amount: $950,000
  -
Prior Sale #2* (Second to Last)
Type: Qual by exam of deed
Qual: Q
Date: 01/14/2015
Amount: $615,000
  -
Prior Sale #3* (3rd to Last)
Type: Qual by exam of deed
Qual: U
Date: 11/19/2013
Amount: $100
  -
Taxable Values*
Tax Year: 2022
Land: $411,000
Building: $396,500
Total: $807,500
Assessed: $807,500
County Taxable: $807,500
City Taxable: $807,500
Mill Code: 0100
  -
Ownership*
Owner 1: Insanova Investments Inc
Mailing Address: 848 Brickell Key Dr #4404
Mailing City: Miami
Mailing State: Fl
Mailing Zip: 33131
Mailing Country: USA
  -
Building Information*
Stories: 1
Units: 6
Year Built: 1968
Effective Year Built: 1968
Extra Features 1: Paving - Asphalt
  -
Legal Description*
Legal Description Concatenated: LAWRENCE ESTATE LAND COS SUB PB 2-46 LOT 7 BLK 29 LOT SIZE 6850 SQUARE FEET OR 16608-1491 1294 4 COC 25072-0905 09 2006 5

*This Miami-Dade county folio information was recently obtained for the folio number entered on this listing by the listing broker, which usually is correct, but not always. This information is not represented as or warranted to be accurate or current. Verify this and all information about this property independently. Do not rely on it to make an investment decision.