550 SW 10th St, Miami FL 33130,Miami,Miami-Dade County,Commercial Sale

  • $2,300,000
550 SW 10th St, Miami FL 33130
Commercial Sale Active
550 SW 10th St, Miami FL 33130,Miami,Miami-Dade County,Commercial Sale
550 SW 10th St, Miami FL 33130
  • $2,300,000

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.

  • Address 10th St
  • City Miami
  • State/county Miami-Dade County
  • Zip/Postal Code 33130

Details

Updated on June 14, 2024 at 8:09 pm
  • Property ID: A11605993
  • Price: $2,300,000
  • Year Built: 1954
  • Property Type: Income/MultiFamily
  • Property Status: Commercial Sale

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David Maison Soto
  • David Maison Soto