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Key Details
Sold Price $2,225,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 6,014 sqft
Price per Sqft $369
Subdivision Manleys
MLS Listing ID A11684376
Sold Date 01/14/25
Style Fourplex
Construction Status Resale
HOA Y/N No
Year Built 1924
Annual Tax Amount $34,120
Tax Year 2023
Contingent No Contingencies
Property Sub-Type Quadruplex
Property Description
Investor's dream in the heart of Historic Little Havana. This 8-unit multifamily property features spacious 2- bedroom, 1-bathroom apartments. Currently generating over $18,000 per month in rental income, all 8 units are leased with vetted and qualified tenants and yearly long-term leases. Immense potential to convert all units into short- term rentals, which will significantly boost rental income. Renovated in 2021, each unit boasts new bathrooms, kitchens with granite countertops, in-unit washer/dryer, AC splits, upgraded plumbing, and electrical panels. The 40-Year Re-Certification is nearing completion, offering peace of mind to the new owner. Just steps from Calle Ocho's renowned eateries, shopping, nightclubs, and rich cultural heritage, this property is a gem!
Location
State FL
County Miami-dade
Community Manleys
Area 41
Interior
Heating Central
Cooling Central Air
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Roof Type Flat
Private Pool No
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status Resale
Others
Tax ID 01-41-02-012-0050
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
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Bought with London Foster Realty
"Our dedication to personalized service means that you’ll receive individualized attention at every step of the process. From initial consultation to closing, we’re with you, offering guidance, insights, and support to navigate the complexities of the real estate market. "
1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States