$2,225,000
SOLD JAN 14, 2025

1648 SW 7th St Miami, FL 33135

Little Havana Neighborhood
-- Bed
-- Bath
6,014 Sq Ft
1924 Built

Recently Sold

$370 Per Sq Ft

18% Below List Price

78 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 4-minute walk to Domino Park

About This Home

As of January 2025

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!

Last Agent to Sell the Property

John Verea

FI Real Estate Brokerage LLC License #3255545

Last Buyer's Agent

Yonathan Berdugo

London Foster Realty License #3349481

London Foster Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,120

Year Built

  • Built in 1924

Home Design

  • Quadruplex
  • Flat Roof with Façade front

Interior Spaces

  • 6,014 Sq Ft Home
  • 2-Story Property

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Manleys Condos
  • Manleys Subdivision

Listing and Financial Details

  • Rent includes gardener, pest control, sewer, trash collection
  • Assessor Parcel Number 01-41-02-012-0050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,120

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: MANLEYS
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Living Area: 6014
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MANLEYS

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-02-012-0050
  • Zoning: 6101
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control, Sewer, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 34120

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 8

Map

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 Sold $2,225,000 -10.8% $370 / Sq Ft
12/02/2024 12/02/24 Price Changed $2,495,000 -8.4% $415 / Sq Ft
10/28/2024 10/28/24 For Sale $2,725,000 +9.0% $453 / Sq Ft
03/30/2022 03/30/22 Sold $2,500,000 +2.0% $416 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $2,450,000 -- $407 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A11684376

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33135 Little Havana

1648 SW 7th St, Miami, FL

Homes for Sale in Miami, FL

This home is located at 1648 SW 7th St, Miami, FL 33135 and is currently priced at $2,225,000, approximately $369 per square foot. This property was built in 1924. 1648 SW 7th St is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.