$1,510,000
$1,650,000
8.5%For more information regarding the value of a property, please contact us for a free consultation.
1553 SW 7 ST Miami, FL 33135
8,609 SqFt
Key Details
Sold Price $1,510,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 8,609 sqft
Price per Sqft $175
Subdivision Lawrence Estate Land Cos
MLS Listing ID A2092755
Sold Date 03/17/16
Style Fourplex
Construction Status New Construction
HOA Y/N No
Year Built 1926
Annual Tax Amount $16,441
Tax Year 2014
Contingent No Contingencies
Property Description
Located in the "Little Havana", this 16-unit apartment building was completely renovated with pergo wood floors, updated kitchen cabinets and bathrooms. It has 20 bd/16 ba with 4-2/1 & 12-1/1. 100% occupied with section 8 tenants. Centrally located on a m ain artery, only minutes away from major employment hubs, Brickell, Health District & Coral Gables. Near Metro Stations and bus stops. This area is booming and the property has huge potential to increase rents, an excellent investment opportunity!
Location
State FL
County Miami-dade County
Community Lawrence Estate Land Cos
Area 41
Direction HEAD WEST ON SW 7 ST, BETWEEN 15TH AVE AND 16TH AVE, BUILDING IS ON THE RIGHT.
Interior
Heating Other
Cooling Other
Flooring Other
Exterior
Pool None
Utilities Available Cable Available
Waterfront No
Roof Type Concrete
Building
Lot Description < 1/4 Acre
Story 2
Sewer Public Sewer
Architectural Style Fourplex
Level or Stories Two
Structure Type Block
Construction Status New Construction
Others
Tax ID 01-41-02-006-5990
Financing Conventional
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Bought with Trajan Commercial Real Estate