Courtesy of: Miguel Solis, Douglas Elliman, Miguel.Solis@elliman.com
Courtesy of: Miguel Solis, Douglas Elliman, Miguel.Solis@elliman.com
$2,300,000
|
Single Family Attached
|
$2,300,000
550 SW 10th St 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.
Courtesy of: Miguel Solis, Douglas Elliman, Miguel.Solis@elliman.com
Copyright © 2024 MIAMI Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.