855.725.5890
Address550 Sw 10Th St, Miami, FL, 33130-3819
Price$2,300,000
- Commercial Sale
- Built in 1954
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.
Essential Information
- MLS® #A11605993
- Price$2,300,000
- Bathrooms0.00
- Acres0.00
- Year Built1954
- TypeCommercial Sale
- Sub-TypeMulti Family
- StatusActive
Community Information
- Address550 Sw 10Th St
- Area41
- CityMiami
- CountyMiami-Dade County
- StateFL
- Zip Code33130-3819
Interior
- InteriorTile, Wood
- HeatingWall Furnace, Window Unit
- CoolingWall/Window Unit(s)
- # of Stories2
- StoriesTwo
Exterior
- RoofShingle
- ConstructionBlock
Additional Information
- Date ListedJune 14th, 2024
- Days on Website16
Listing Details
- OfficeDouglas Elliman
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®, and is updated as of June 30th, 2024 at 2:49pm EDT (date/time).
All information is deemed reliable but not guaranteed by the MLS and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor NV Realty Group shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2024 MLS of MAR.
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