550 SW 10th St Miami, FL 33130
Single Family Attached
MLS #: A11605993
Courtesy Of Douglas Elliman
Property InformationDescription
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.
Features
- Age: Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
- Cooling System: Window Unit(s) A/C
- Exterior Type: Block
- Floor Covering: Wood
- Floor Covering: Tile
- Legal Description: CITY OF MIAMI SOUTH PB B-41 LOT 6 BLK 79 LOT SIZE 50.000 X 150 OR 12678-417 1085 5
- MLSID: A11605993
- Parking Spaces: 8
- Roof Type: Shingle
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